=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-07-07
10b5-1 Pre-arranged Plan: Yes
--- Issuer ---
Name: ANALOG DEVICES INC (ADI)
CIK: 0000006281
--- Reporting Owner ---
Name: STATA RAY
CIK: 0000900729
Role: Director
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Comm Stock - $.16-2/3 value
Date: 2026-07-07 | Code: S (Open market sale)
Shares: -12 | Price: $371.48
Total Value: $4,457.73
Shares Owned After: 118,747 | Ownership: D (Direct)
Footnotes:
[F1] These shares were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on March 6, 2026.
[F2] These shares were disposed of in multiple transactions at actual sales prices ranging from $371.465 to $371.48 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
[Transaction #2]
Security: Comm Stock - $.16-2/3 value
Date: 2026-07-07 | Code: S (Open market sale)
Shares: -62 | Price: $373.09
Total Value: $23,131.53
Shares Owned After: 118,685 | Ownership: D (Direct)
Footnotes:
[F1] These shares were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on March 6, 2026.
[F3] These shares were disposed of in multiple transactions at actual sales prices ranging from $372.505 to $373.505 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
[Transaction #3]
Security: Comm Stock - $.16-2/3 value
Date: 2026-07-07 | Code: S (Open market sale)
Shares: -199 | Price: $374.05
Total Value: $74,436.39
Shares Owned After: 118,486 | Ownership: D (Direct)
Footnotes:
[F1] These shares were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on March 6, 2026.
[F4] These shares were disposed of in multiple transactions at actual sales prices ranging from $373.6175 to $374.34 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
[Transaction #4]
Security: Comm Stock - $.16-2/3 value
Date: 2026-07-07 | Code: S (Open market sale)
Shares: -144 | Price: $375.17
Total Value: $54,024.83
Shares Owned After: 118,342 | Ownership: D (Direct)
Footnotes:
[F1] These shares were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on March 6, 2026.
[F5] These shares were disposed of in multiple transactions at actual sales prices ranging from $374.62 to $375.61 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
[Transaction #5]
Security: Comm Stock - $.16-2/3 value
Date: 2026-07-07 | Code: S (Open market sale)
Shares: -230 | Price: $376.06
Total Value: $86,494.35
Shares Owned After: 118,112 | Ownership: D (Direct)
Footnotes:
[F1] These shares were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on March 6, 2026.
[F6] These shares were disposed of in multiple transactions at actual sales prices ranging from $375.645 to $376.645 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
[Transaction #6]
Security: Comm Stock - $.16-2/3 value
Date: 2026-07-07 | Code: S (Open market sale)
Shares: -139 | Price: $377.16
Total Value: $52,425.67
Shares Owned After: 117,973 | Ownership: D (Direct)
Footnotes:
[F1] These shares were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on March 6, 2026.
[F7] These shares were disposed of in multiple transactions at actual sales prices ranging from $376.80 to $377.58 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
[Transaction #7]
Security: Comm Stock - $.16-2/3 value
Date: 2026-07-07 | Code: S (Open market sale)
Shares: -282 | Price: $378.14
Total Value: $106,635.87
Shares Owned After: 117,691 | Ownership: D (Direct)
Footnotes:
[F1] These shares were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on March 6, 2026.
[F8] These shares were disposed of in multiple transactions at actual sales prices ranging from $377.8575 to $378.81 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
[Transaction #8]
Security: Comm Stock - $.16-2/3 value
Date: 2026-07-07 | Code: S (Open market sale)
Shares: -184 | Price: $379.60
Total Value: $69,847.26
Shares Owned After: 117,507 | Ownership: D (Direct)
Footnotes:
[F1] These shares were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on March 6, 2026.
[F9] These shares were disposed of in multiple transactions at actual sales prices ranging from $378.9525 to $379.9375 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
[Transaction #9]
Security: Comm Stock - $.16-2/3 value
Date: 2026-07-07 | Code: S (Open market sale)
Shares: -138 | Price: $380.36
Total Value: $52,489.71
Shares Owned After: 117,369 | Ownership: D (Direct)
Footnotes:
[F1] These shares were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on March 6, 2026.
[F10] These shares were disposed of in multiple transactions at actual sales prices ranging from $379.97 to $380.97 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
[Transaction #10]
Security: Comm Stock - $.16-2/3 value
Date: 2026-07-07 | Code: S (Open market sale)
Shares: -26 | Price: $381.11
Total Value: $9,908.89
Shares Owned After: 117,343 | Ownership: D (Direct)
Footnotes:
[F1] These shares were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on March 6, 2026.
[F11] These shares were disposed of in multiple transactions at actual sales prices ranging from $380.995 to $381.49 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
[Transaction #11]
Security: Comm Stock - $.16-2/3 value
Date: 2026-07-08 | Code: S (Open market sale)
Shares: -15 | Price: $378.01
Total Value: $5,670.23
Shares Owned After: 117,328 | Ownership: D (Direct)
Footnotes:
[F1] These shares were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on March 6, 2026.
[F12] These shares were disposed of in multiple transactions at actual sales prices ranging from $377.415 to $378.315 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
[Transaction #12]
Security: Comm Stock - $.16-2/3 value
Date: 2026-07-08 | Code: S (Open market sale)
Shares: -24 | Price: $378.76
Total Value: $9,090.18
Shares Owned After: 117,304 | Ownership: D (Direct)
Footnotes:
[F1] These shares were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on March 6, 2026.
[F13] These shares were disposed of in multiple transactions at actual sales prices ranging from $378.51 to $379.005 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
[Transaction #13]
Security: Comm Stock - $.16-2/3 value
Date: 2026-07-08 | Code: S (Open market sale)
Shares: -44 | Price: $380.19
Total Value: $16,728.35
Shares Owned After: 117,260 | Ownership: D (Direct)
Footnotes:
[F1] These shares were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on March 6, 2026.
[F14] These shares were disposed of in multiple transactions at actual sales prices ranging from $379.735 to $380.4825 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
[Transaction #14]
Security: Comm Stock - $.16-2/3 value
Date: 2026-07-08 | Code: S (Open market sale)
Shares: -174 | Price: $381.44
Total Value: $66,370.99
Shares Owned After: 117,086 | Ownership: D (Direct)
Footnotes:
[F1] These shares were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on March 6, 2026.
[F15] These shares were disposed of in multiple transactions at actual sales prices ranging from $380.925 to $381.9025 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
[Transaction #15]
Security: Comm Stock - $.16-2/3 value
Date: 2026-07-08 | Code: S (Open market sale)
Shares: -108 | Price: $382.50
Total Value: $41,310.24
Shares Owned After: 116,978 | Ownership: D (Direct)
Footnotes:
[F1] These shares were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on March 6, 2026.
[F16] These shares were disposed of in multiple transactions at actual sales prices ranging from $381.995 to $382.9275 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
[Transaction #16]
Security: Comm Stock - $.16-2/3 value
Date: 2026-07-08 | Code: S (Open market sale)
Shares: -152 | Price: $383.45
Total Value: $58,284.25
Shares Owned After: 116,826 | Ownership: D (Direct)
Footnotes:
[F1] These shares were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on March 6, 2026.
[F17] These shares were disposed of in multiple transactions at actual sales prices ranging from $383.01 to $383.955 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
[Transaction #17]
Security: Comm Stock - $.16-2/3 value
Date: 2026-07-08 | Code: S (Open market sale)
Shares: -108 | Price: $384.50
Total Value: $41,525.90
Shares Owned After: 116,718 | Ownership: D (Direct)
Footnotes:
[F1] These shares were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on March 6, 2026.
[F18] These shares were disposed of in multiple transactions at actual sales prices ranging from $384.015 to $384.86 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
[Transaction #18]
Security: Comm Stock - $.16-2/3 value
Date: 2026-07-08 | Code: S (Open market sale)
Shares: -339 | Price: $385.67
Total Value: $130,740.60
Shares Owned After: 116,379 | Ownership: D (Direct)
Footnotes:
[F1] These shares were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on March 6, 2026.
[F19] These shares were disposed of in multiple transactions at actual sales prices ranging from $385.055 to $386.04 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
[Transaction #19]
Security: Comm Stock - $.16-2/3 value
Date: 2026-07-08 | Code: S (Open market sale)
Shares: -217 | Price: $386.67
Total Value: $83,907.65
Shares Owned After: 116,162 | Ownership: D (Direct)
Footnotes:
[F1] These shares were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on March 6, 2026.
[F20] These shares were disposed of in multiple transactions at actual sales prices ranging from $386.135 to $387.135 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
[Transaction #20]
Security: Comm Stock - $.16-2/3 value
Date: 2026-07-08 | Code: S (Open market sale)
Shares: -197 | Price: $387.61
Total Value: $76,358.44
Shares Owned After: 115,965 | Ownership: D (Direct)
Footnotes:
[F1] These shares were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on March 6, 2026.
[F21] These shares were disposed of in multiple transactions at actual sales prices ranging from $387.19 to $388.17 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
[Transaction #21]
Security: Comm Stock - $.16-2/3 value
Date: 2026-07-08 | Code: S (Open market sale)
Shares: -38 | Price: $388.73
Total Value: $14,771.81
Shares Owned After: 115,927 | Ownership: D (Direct)
Footnotes:
[F1] These shares were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on March 6, 2026.
[F22] These shares were disposed of in multiple transactions at actual sales prices ranging from $388.20 to $388.1725 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
--- Holdings ---
[Holding #1]
Security: Comm Stock - $.16-2/3 value
Ownership: I (Indirect)
--- Footnotes (Complete Index) ---
F1: These shares were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on March 6, 2026.
F10: These shares were disposed of in multiple transactions at actual sales prices ranging from $379.97 to $380.97 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F11: These shares were disposed of in multiple transactions at actual sales prices ranging from $380.995 to $381.49 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F12: These shares were disposed of in multiple transactions at actual sales prices ranging from $377.415 to $378.315 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F13: These shares were disposed of in multiple transactions at actual sales prices ranging from $378.51 to $379.005 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F14: These shares were disposed of in multiple transactions at actual sales prices ranging from $379.735 to $380.4825 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F15: These shares were disposed of in multiple transactions at actual sales prices ranging from $380.925 to $381.9025 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F16: These shares were disposed of in multiple transactions at actual sales prices ranging from $381.995 to $382.9275 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F17: These shares were disposed of in multiple transactions at actual sales prices ranging from $383.01 to $383.955 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F18: These shares were disposed of in multiple transactions at actual sales prices ranging from $384.015 to $384.86 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F19: These shares were disposed of in multiple transactions at actual sales prices ranging from $385.055 to $386.04 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F2: These shares were disposed of in multiple transactions at actual sales prices ranging from $371.465 to $371.48 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F20: These shares were disposed of in multiple transactions at actual sales prices ranging from $386.135 to $387.135 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F21: These shares were disposed of in multiple transactions at actual sales prices ranging from $387.19 to $388.17 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F22: These shares were disposed of in multiple transactions at actual sales prices ranging from $388.20 to $388.1725 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F3: These shares were disposed of in multiple transactions at actual sales prices ranging from $372.505 to $373.505 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F4: These shares were disposed of in multiple transactions at actual sales prices ranging from $373.6175 to $374.34 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F5: These shares were disposed of in multiple transactions at actual sales prices ranging from $374.62 to $375.61 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F6: These shares were disposed of in multiple transactions at actual sales prices ranging from $375.645 to $376.645 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F7: These shares were disposed of in multiple transactions at actual sales prices ranging from $376.80 to $377.58 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F8: These shares were disposed of in multiple transactions at actual sales prices ranging from $377.8575 to $378.81 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F9: These shares were disposed of in multiple transactions at actual sales prices ranging from $378.9525 to $379.9375 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
--- Signature ---
/s/ /s/ Shelly Shaw, General Counsel, by Power of Attorney (2026-07-09)
