STATA RAY

STATA RAY has filed 178 Form 4 transactions, all in a single company: Analog Devices (ADI). The pattern is one-directional. There are no open-market purchases, no acquisitions, and no grants or awards on record. The total value of sales is $18,750,881.19, and every one of the 25 most recent trades is an open-market sale coded "S." The selling is clustered and recent. On August 5, 2026, RAY filed eight separate sales ranging from $10,736.40 to $141,226.34. The day before, August 4, there were eleven sales with individual values between $8,513.84 and $94,424.49. Prior to that, on July 8, 2026, six sales were recorded, the largest at $130,740.60 and the smallest at $14,771.81. The two-day August cluster alone accounts for roughly 20 transactions, and the dollar amounts vary widely within each day, which is consistent with multiple lots sold at different prices or times. The absence of any "P" codes, or any buys at all, makes the direction unambiguous. RAY has been a seller of ADI stock exclusively, and the selling has accelerated in the most recent filing window. The transactions are all open-market sales, not compensation-related awards or tax withholdings. There is no indication of option exercises or conversions in the recent data. The record shows a consistent reduction of an ADI position, with the heaviest activity occurring in the first week of August 2026.