Adeia CLO Tanji Kevin sold 99,342 shares at $31.75 for $3,154,108.50, retaining 312,913 shares post-transaction.
Tanji Kevin, Chief Legal Officer of Adeia Inc. (ADEA), sold 99,342 shares at $31.75 on 2026-05-13 for total proceeds of $3,154,108.50, reducing his holdings from 412,255 shares to 312,913 shares. The sale was executed near the upper end of the 52-week range of $11.61–$34.34, with the stock trading -13.0% from its 52-week high and having gained +58.9% over the prior 90 days. The current price of $29.88 is below the $31.75 transaction price, suggesting the stock has pulled back since the sale. Adeia's fundamentals show quarterly revenue of $104,772,000.00 and net income of $22,773,000.00, with annual revenue growth of +17.9% and a P/E of 26.92, providing broader context for the stock's recent strength heading into this transaction.