Adeia (ADEA) CEO logs large stock awards and tax-withholding share disposals
Rhea-AI Filing Summary
Adeia Inc. director and CEO Paul E. Davis reported equity compensation-related transactions in Adeia common stock. On March 1, 2026, he received a grant or award acquisition of 361,480 shares at $0.00 per share upon full vesting of previously granted Performance Stock Units after a three-year performance period, and 149,950 restricted stock units that vest in four equal installments on each of the first four anniversaries of the grant date.
On the same date, 70,084 shares and 183,913 shares were disposed of through tax-withholding dispositions at $20.69 per share to satisfy tax obligations tied to vesting. Following these transactions, his directly owned common stock holdings reported in separate lines were 1,606,926 shares and 1,573,963 shares.
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Insights
CEO reported large stock awards and tax withholdings, not open-market trades.
The reporting person, Adeia CEO Paul E. Davis, recorded two significant grant or award acquisitions of common stock tied to equity compensation. One relates to 361,480 Performance Stock Units that fully vested after a three-year performance period, while another 149,950-share restricted stock unit grant vests over four years.
Two tax-withholding dispositions totaling 70,084 and 183,913 shares at $20.69 per share satisfied tax obligations at vesting, rather than reflecting discretionary market sales. After these entries, directly reported ownership across the lines is above 1.5 million shares of Adeia common stock.
These transactions show ongoing use of performance-based and time-based stock awards in the CEO’s pay structure, with share withholding used to cover taxes instead of separate cash payments.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 70,084 | $20.69 | $1.45M |
| Grant/Award | Common Stock | 361,480 | $0.00 | -- |
| Tax Withholding | Common Stock | 183,913 | $20.69 | $3.81M |
| Grant/Award | Common Stock | 149,950 | $0.00 | -- |
Footnotes (1)
- Shares were withheld to satisfy tax withholding obligations in connection with the release of shares subject to vesting. Includes 361,480 Performance Stock Units ("PSU") originally granted on March 1, 2023, which fully vested, following a three-year performance period ended February 28, 2026, on March 1, 2026 upon certification by the Compensation Committee of the Issuer of certain predetermined market performance criteria. Each PSU represents a contingent right to receive one share of the Issuer's common stock. Includes a grant of 149,950 restricted stock units that vest in four equal installments on the first, second, third and fourth anniversaries of the grant date.
FAQ
What insider transactions did Adeia (ADEA) CEO Paul E. Davis report?
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