StockDriftsADOBE INC. · ADBE · 4 · Filed
Chair and CEO sells 125,000 shares for $31.3M
ADBE
4
Insider trades
Insider sell
Source: SEC EDGAR, accession 0001224154-26-000003
What did ADOBE INC. announce?
Adobe Chair and CEO Shantanu Narayen sold 125,000 shares over two days for $31,344,876.21, at prices between $246.09 and $253.64, in a sale not made under a 10b5-1 plan.
Key details
- Sale executed across 09/16/2026 and 09/17/2026 in twelve tranches, with per-share prices ranging from $246.09 to $253.64.
- The transaction was not made under a Rule 10b5-1 trading plan, per the filing's structured data.
- All shares were held indirectly by trust; Narayen's beneficial ownership after the sale is 238,724 shares.
- No derivative securities were reported in Table II.
Why it matters
This 4 reports an insider transaction at ADOBE INC.. The likely share-price reaction reads as negative.
Bearish