JOHNSON MERCEDES 4

What Happened Mercedes Johnson, a director of Analog Devices, was granted 747 restricted stock units (RSUs) on March 11, 2026. The award was reported at a grant price of $0.00 (no cash paid). These RSUs will convert into one share of common stock per RSU upon vesting; no shares were sold or purchased.

Key Details

• Transaction date: 2026-03-11; Form 4 filed: 2026-03-12 (timely filing).
• Grant: 747 RSUs @ $0.00 (reported value $0).
• Vesting: 100% vests on the earlier of March 11, 2027 or the date of the company's next Annual Meeting of Shareholders (see footnote F1).
• Conversion: Upon vesting, each RSU converts automatically into one share of common stock.
• Shares owned after transaction: not specified in this filing.
• Transaction type code: A (award/grant).

Context RSU grants to non-employee directors are a routine form of compensation and do not involve an immediate cash purchase or sale. These awards only become actual shares if and when they vest; until then they are a conditional right to future stock. This filing simply reports the grant—it's not an open-market buy or sell.