Analog Devices CEO Sells Stock Worth Millions, Maintains Ownership

On April 1, Vincent Roche, Chairman and CEO of U.S. semiconductor company Analog Devices, Inc. (ADI), exercised stock options on 10,000 shares at $94.41 per share and then sold 10,000 shares at $318.14 per share under an automatic trading plan. Although the transaction generated approximately $3.18 million (around 4.3 billion Korean won) in proceeds, the shares sold exactly matched the options exercised, leaving his directly held share count unchanged. Roche continues to maintain a substantial equity stake both directly and indirectly.

Earlier, on March 11, non‐executive directors Edward H. Frank and Mercedes Johnson each received an annual compensation award of restricted stock units equivalent to 747 shares, with no accompanying open‐market purchases or sales in either transaction.

On February 11, ADI’s share price climbed above $330 intraday, marking an all‐time high and representing a gain of more than 60% over the past year. In the first quarter of fiscal 2026, the company reported a 30% year‐over‐year increase in revenue and raised its dividend to $1.10 per share, demonstrating both growth and shareholder returns.

Founded in 1965, Analog Devices designs and manufactures analog, mixed‐signal, and digital signal‐processing semiconductors for industrial, automotive, and communications/network applications. Headquartered in Wilmington, Massachusetts, the company is also known for its long‐term shareholder‐return policy, having increased its dividend annually for more than 20 years. Vincent Roche has served as CEO since 2013.