Monitor next 10-Q for any change in CEO's derivative holdings; the exercise pattern is routine and carries no immediate read-through for the stock.
Price Chart
Executive Summary
CEO Vincent Roche exercised 20,000 derivative shares at $108.08 and immediately sold 10,000 shares on the open market for $3.97M, while CCO Nakamura sold 1,200 shares for $498K. The CEO's sale is a cashless exercise-and-sell pattern (derivative exercise + same-day open-market sale), which is typical for tax and liquidity purposes and not a directional signal. The total $4.47M in sales represents ~0.003% of ADI's ~$150B market cap, making this cluster trivial in size and routine in nature.
Key Financial Metrics
Key Facts
- CEO Vincent Roche exercised 20,000 derivative shares at $108.08 (total $1.08M total exercise value) and sold 10,000 shares at $396.94 for $3.97M
- CCO Katsufumi Nakamura sold 1,200 shares at $415.02 for $498K
- Total cluster value: $4.47M, net direction selling
- Sales represent ~0.003% of ADI's market cap — trivial
- CEO's sale is a cashless exercise-and-sell pattern, not a conviction sale
Financial Impact
Total insider sales of $4.47M in open-market sales, immaterial relative to ADI's ~$150B market cap
Risk Factors
- CEO's derivative exercise adds 20,000 shares to his holdings (net +10,000 after sale), but the sale pattern is standard for tax/planning
- No 10b5-1 plan indicated, but the exercise-and-sell structure is typical for liquidity
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-ADI-1791232013787 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 8, 2026 18d ago | 144 | $406.19 | awaiting T+20 | — | $425.03 (+4.64%) |
Oct 7, 2026 19d ago | 144 | $405.93 | awaiting T+20 | — | $425.03 (+4.71%) |
Oct 6, 2026 21d ago | 144 | $420.55 | awaiting T+20 | — | $425.03 (+1.07%) |
Oct 5, 2026 21d ago | Insider Cluster | $420.55 | awaiting T+20 | — | $425.03 (+1.07%) |
Sep 10, 2026 6w ago | Insider Cluster | $378.78 $406.19 | ▲ +7.24% | ▲ +5.37% | $425.03 (+12.21%) |
Sep 9, 2026 6w ago | Insider Cluster | $361.25 $405.93 | ▲ +12.37% | ▲ +10.24% | $425.03 (+17.66%) |
Sep 9, 2026 6w ago | 8-K | $365.07 $410.08 | ▲ +12.33% | ▲ +10.39% | $425.03 (+16.42%) |
Sep 2, 2026 7w ago | Insider Cluster | $356.50 $417.15 | ▲ +17.01% | ▲ +17.47% | $425.03 (+19.22%) |
Aug 28, 2026 8w ago | Insider Cluster | $362.14 $398.22 | ▲ +9.96% | ▲ +10.33% | $425.03 (+17.37%) |
Aug 19, 2026 9w ago | 8-K | $373.26 $362.65 | ▼ −2.84% | ▼ −0.89% | $425.03 (+13.87%) |
US Market Status
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