secwatch.observer — SEC 8-K summary
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Issuer:     ANALOG DEVICES INC (ADI)
CIK:        0000006281
Form:       8-K
Filed at:   2023-06-05T23:59:59+00:00
Accession:  0001193125-23-160324
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Analog Devices appoints Stephen Jennings as independent director, effective June 4, 2023
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- Board expanded to 12 members; Jennings elected as independent director, effective June 4, 2023.
- Jennings receives annual cash retainer of $90,000 for board service and $10,000 for Compensation and Talent Committee.
- Pro-rated RSU award of ~$171,370 granted July 15, 2023; vests at next annual meeting or March 8, 2024, whichever earlier.
- Jennings previously served as senior Strategy Principal at Deloitte and on Deloitte's U.S. and Global Boards; chaired AspenTech board for 8 years.
- No arrangements or transactions requiring disclosure; Jennings brings expertise in enterprise growth, innovation, M&A, and strategy.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/6281/000119312523160324/0001193125-23-160324-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/6281/000119312523160324/d506485d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-160324

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