secwatch.observer — SEC 8-K summary
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Issuer:     ANALOG DEVICES INC (ADI)
CIK:        0000006281
Form:       8-K
Filed at:   2023-10-04T23:59:59+00:00
Accession:  0001193125-23-250354
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

ADI enters retention agreement with EVP Vivek Jain; replaces expired Maxim plan
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- Retention agreement with Vivek Jain, EVP of Global Operations and Technology, effective Oct 3, 2023.
- Provides severance benefits if employment terminated within 24 months after a change in control.
- Agreement mirrors form of existing ADI Retention Agreements for other executive officers.
- Replaces former Maxim change-in-control severance plan that expired August 26, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/6281/000119312523250354/0001193125-23-250354-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/6281/000119312523250354/d540536d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-250354

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