STATA RAY sold $574K of ADI
STATA RAY sold 1,432 shares of ANALOG DEVICES INC (ADI) at an average of $400.83 ($384.31–$413.45, $0.57M total) across 22 trades on 2026-06-09 under a Rule 10b5-1 trading plan.
How this was made
The 30-second read
Why it matters
The newest fact is the director’s open-market sale details (size, dates, price range) and confirmation that it was executed under a pre-arranged 10b5-1 plan.
Market read
This provides a fresh, primary-source datapoint on insider activity, but it is not a fundamental catalyst.
What to watch
Traders may over-weight insider sales; without changes to guidance, contracts, or earnings, the disclosure is unlikely to reset valuation assumptions.
Background
The article is an SEC Form 4 insider transaction disclosure for Analog Devices (ADI).
Ticker impact
Analog Devices director Stata Ray sold $573,982 of ADI shares via an open-market sale under a pre-arranged 10b5-1 plan.
Likely limited near-term price impact; any effect is more about sentiment/positioning than fundamentals.
This is a routine Form 4 insider transaction with a stated pre-arranged 10b5-1 plan and no accompanying company-specific operational or guidance catalyst.
Market effects
No direct sector read-through; this is company-specific insider activity without new business information.
None indicated.
None indicated.
Counterpoint
Because the sale is under a pre-arranged 10b5-1 plan, it may reflect scheduled liquidity needs rather than bearish expectations.
Key entities
- issuerANALOG DEVICES INC
Company whose shares were sold by a director via open-market transactions.
- insiderSTATA RAY
Director who sold 1,432 shares of ADI for ~$573,982 across 22 trades on 2026-06-09.
