Adobe CEO trust plans $31.4M stock sale
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
144
Rhea-AI Filing Summary
ADOBE INC. (ADBE) is the issuer of common stock for which the Narayen Family Trust, associated with CEO Shantanu Narayen, has filed a Rule 144 notice to sell 125,000 shares through UBS Financial Services Inc. at an aggregate market value of $31,437,500 as of September 16, 2026.
The shares derive from multiple RSU and ESPP issuances by Adobe over several years, and the notice is signed by UBS Financial Services Inc. as attorney-in-fact for the Narayen Family Trust.
Key Figures
Shares to be sold: 125,000 shares
Aggregate market value: $31,437,500
Reported trading volume reference: 399,000,000 shares
+2 more
5 metrics
Shares to be sold
125,000 shares
Number of Adobe common shares covered by the Rule 144 notice
Aggregate market value
$31,437,500
Total market value of the 125,000 shares as of September 16, 2026
Reported trading volume reference
399,000,000 shares
Volume-related figure used for Rule 144 calculations in the securities information
Largest single RSU block listed
35,070 shares
Common stock from a January 24, 2026 RSU issuance by Adobe
Form 144 notice date
September 16, 2026
Date the Narayen Family Trust’s notice of proposed sale was signed
Key Terms
Rule 144, RSU, ESPP, attorney-in-fact, +1 more
5 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
RSU financial
"Common | 01/24/2020 | RSU | Issuer | | | 9351"
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
ESPP financial
"Common | 06/30/2020 | ESPP | Issuer | | | 74"
An Employee Stock Purchase Plan (ESPP) is a company program that lets employees buy the company’s shares at a reduced price, usually by setting aside a small portion of their pay over time. It matters to investors because it encourages employees to own part of the business—like giving staff a discounted membership— which can boost commitment and performance, while also potentially increasing the number of shares available and affecting shareholder value.
attorney-in-fact regulatory
"for UBS Financial Services Inc, as attorney-in-fact for Narayen Family Trust"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
NASDAQ market
"| 399000000 | 09/16/2026 | NASDAQ"
The Nasdaq is a stock exchange where many companies' shares are bought and sold, functioning much like a marketplace for investments. It matters to investors because it provides a platform to buy and sell ownership stakes in companies, helping them track the value of those companies and make informed decisions. As one of the largest and most technology-focused markets, it also reflects trends and developments in the business world.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Narayen Family Trust’s Form 144 filing mean for ADBE?
The Narayen Family Trust filed a Rule 144 notice to sell 125,000 shares of Adobe Inc. common stock. This filing gives notice of a planned resale of restricted or control securities into the public market through UBS Financial Services Inc.
What trading volume figure is disclosed in the Adobe (ADBE) Form 144 notice?
The notice reports 399,000,000 shares in the volume-related field associated with the securities information, used in applying Rule 144 volume limitations for sales of control securities.
AI-generated analysis. How Rhea-AI works. Not financial advice.
