Adeia Inc. 10-Q

Item 2. Unregistered Sales of Equity Securities, Use of Proceeds , and Issuer Purchases of Equity Securities Items 2(a) and 2(b) are not applicable. (c) Stock Repurchases The following table summarizes repurchases of our common stock during the three months ended March 31, 2026: Total number of shares purchased Average price paid per share Total number of shares purchased as part of our share repurchase program (1) Approximate dollar value of shares that may yet be purchased under our share repurchase program (1) (in thousands, except share price) January 1, 2026 – January 31, 2026 — — — — February 1, 2026 – February 28, 2026 — — — — March 1, 2026 – March 31, 2026 445,618 22.45 445,618 149,952 Total 445,618 $ 22.45 445,618 $ 149,952 (1) In October 2024, our Board approved an increase of the existing share repurchase authorization up to a total of $200.0 million. The stock repurchases may be made from time to time, through solicited or unsolicited transactions in the open market, in privately negotiated transactions, or pursuant to a Rule 10b5-1 plan. There is no guarantee that such repurchases under the program will enhance the value of our stock. As of March 31, 2026, the total remaining amount available for repurchase under the Plan was $150.0 million. Item 3. Defaults Upon Senior Securities Not applicable. Item 4. Mine Safety Disclosures Not applicable.