Analog Devices Files Definitive Additional Materials for Shareholders

TL;DR

**ADI just dropped more proxy docs, likely prepping for a shareholder vote related to ISS recommendations.**

AI Summary

Analog Devices, Inc. (ADI) filed a DEFA14A on February 29, 2024, to provide additional definitive materials to its shareholders. This filing includes a slide presentation sent to shareholders on the same date, relating to Institutional Shareholder Services (ISS). The company, headquartered in Wilmington, MA, with a business phone of 781-329-4700, is a semiconductor manufacturer.

Why It Matters

This filing indicates Analog Devices is actively communicating with shareholders regarding proxy matters, potentially influencing voting decisions on key corporate governance issues.

Risk Assessment

Risk Level: low — This is a routine filing for additional proxy materials and does not inherently indicate significant financial or operational risk.

Key Players & Entities

• Analog Devices, Inc. (company) — Registrant filing the DEFA14A
• Institutional Shareholder Services (company) — Subject of the slide presentation sent to shareholders
• Wilmington, MA (company) — Business address city and state of Analog Devices, Inc.
• February 29, 2024 (date) — Date of filing and date slide presentation was sent to shareholders
• 0000006281 (company) — Central Index Key (CIK) for Analog Devices, Inc.

FAQ

From the Filing

0001193125-24-053390.txt : 20240229 0001193125-24-053390.hdr.sgml : 20240229 20240229160522 ACCESSION NUMBER: 0001193125-24-053390 CONFORMED SUBMISSION TYPE: DEFA14A PUBLIC DOCUMENT COUNT: 19 FILED AS OF DATE: 20240229 DATE AS OF CHANGE: 20240229 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ANALOG DEVICES INC CENTRAL INDEX KEY: 0000006281 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 042348234 STATE OF INCORPORATION: MA FISCAL YEAR END: 1102 FILING VALUES: FORM TYPE: DEFA14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-07819 FILM NUMBER: 24703534 BUSINESS ADDRESS: STREET 1: ONE ANALOG WAY CITY: WILMINGTON STATE: MA ZIP: 01887 BUSINESS PHONE: 7813294700 MAIL ADDRESS: STREET 1: ONE ANALOG WAY CITY: WILMINGTON STATE: MA ZIP: 01887 DEFA14A 1 d755652ddefa14a.htm DEFA14A DEFA14A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant ☑ Filed by a Party other than the Registrant ☐ Check the appropriate box: ☐ Preliminary Proxy Statement ☐ Confidential, For Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) ☐ Definitive Proxy Statement ☑ Definitive Additional Materials ☐ Soliciting Material under § 240.14a-12 Analog Devices, Inc. (Name of Registrant as Specified in Its Charter) (Name of Person(s) Filing Proxy Statement, if Other Than the Registrant) Payment of Filing Fee (Check all boxes that apply): ☑ No fee required ☐ Fee paid previously with preliminary materials ☐ Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11 Explanatory Note Analog Devices, Inc. (the “Company”) is filing a copy of a slide presentation that was sent to shareholders on February 29, 2024 relating to the Institutional Shareholder Services Proxy Analysis & Benchmark Policy Voting Recommendations on the Company’s 2024 proxy statement. ADI SHAREHOLDER PRESENTATION Spring 2024 FORWARD LOOKING STATEMENTS This presentation contains forward-looking statements, which address a variety of subjects including, for example, our statements regarding future financial performance, including expected future adjusted operating margin and other future financial results; anticipated growth and trends in our business; future compensation actions; our strategy; and other future events. Statements that are not historical facts, including statements about our beliefs, plans and expectations, are forward-looking statements. Such statements are based on our current expectations and are subject to a number of factors and uncertainties, which could cause actual results to differ materially from those described in the forward-looking statements. The following important factors and uncertainties, among others, could cause actual results to differ materially from those described in these forward-looking statements: economic, political, legal and regulatory uncertainty or conflicts; changes in demand for semiconductor products; manufacturing delays, product and raw materials availability and supply chain disruptions; products that may be diverted from our authorized distribution channels; changes in export classifications, import and export regulations or duties and tariffs; our development of technologies and research and development investments; our future liquidity, capital needs and capital expenditures; our ability to compete successfully in the markets in which we operate; our ability to recruit and retain key personnel; risks related to acquisitions or other strategic transactions; security breaches or other cyber incidents; adverse results in litigation matters; reputational damage; changes in our estimates of our expected tax rates based on current tax law; risks related to our indebtedness; unanticipated diff