STATA RAY sold $1.1M of ADI
STATA RAY sold 2,832 shares of ANALOG DEVICES INC (ADI) at an average of $377.97 ($370.17–$383.44, $1.07M total) across 19 trades over 2026-08-04 to 2026-08-05 under a Rule 10b5-1 trading plan.
How this was made
The 30-second read
Why it matters
Traders may monitor for clustering of insider sales or follow-on filings, but this specific disclosure alone does not change ADI fundamentals.
Market read
A director’s scheduled open-market sale under 10b5-1 is disclosed, offering limited incremental trading signal for ADI.
What to watch
The filing does not disclose reasons for the sale, and the share count sold is small relative to typical large-cap float, limiting interpretability.
Background
The article is an SEC Form 4 insider transaction disclosure for Analog Devices (ADI) by director Stata Ray.
Ticker impact
Analog Devices director Stata Ray sold about $1.07M of ADI shares in an open-market sale under a pre-arranged 10b5-1 plan.
Low likelihood of a sustained price move; any impact is likely short-lived unless paired with other news.
Form 4 shows an open-market sale by a director with a stated 10b5-1 plan, which typically reduces signaling value versus discretionary selling.
Market effects
No sector-wide read-through is provided; this is company-specific insider transaction data.
No regional market linkage is indicated.
No global macro or cross-border catalyst is mentioned.
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 an insider under a 10b5-1 plan.
- insiderSTATA RAY
Director who executed open-market sales totaling about $1.07M.
