Adobe (NASDAQ: ADBE) director Amy Banse receives RSU grant and updates holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Adobe Inc. director Amy Banse reported routine equity compensation activity. On April 15, 2026, a restricted stock unit award for 900 units vested in full and was converted into 900 shares of Adobe common stock at no exercise price.
On the same date, she received a new grant of 1,367 restricted stock units, which will vest 100% on the day of Adobe’s next annual stockholder meeting. Following these transactions, she holds 34,462 common shares directly and 55 shares indirectly through a 2000 Crummey Trust for her son, for which she acts as trustee and disclaims beneficial ownership except for any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
900 shares exercised/converted
Mixed
4 txns
Insider
Banse Amy
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 900 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 1,367 | $0.00 | -- |
| Exercise | Common Stock | 900 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 34,462 shares (Direct);
Common Stock — 55 shares (Indirect, by trust)
Footnotes (1)
- Shares held by the 2000 Crummey Trust for the benefit of the son of the Reporting Person, of which the Reporting Person is the trustee. The Reporting Person disclaims beneficial ownership of these shares except to the extent of her pecuniary interest therein, if any. This restricted stock unit award vested in full on April 15, 2026. Vests 100% on the day of the Issuer's next annual meeting of stockholders.
Key Figures
RSUs vested: 900 units
New RSU grant: 1,367 units
Direct common shares: 34,462 shares
+3 more
6 metrics
RSUs vested
900 units
Restricted stock unit award vested in full on April 15, 2026
New RSU grant
1,367 units
Vests 100% on day of next annual stockholder meeting
Direct common shares
34,462 shares
Common stock directly owned following the April 15, 2026 transactions
Indirect common shares
55 shares
Held by 2000 Crummey Trust for benefit of reporting person’s son
Derivative exercises
900 shares
Shares acquired via exercise/conversion of 900 restricted stock units
Exercise price
$0.00 per unit
Conversion of vested restricted stock units into common stock
Key Terms
Restricted Stock Units, Crummey Trust, beneficial ownership, pecuniary interest, +1 more
5 terms
Restricted Stock Units financial
"This restricted stock unit award vested in full on April 15, 2026."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Crummey Trust financial
"Shares held by the 2000 Crummey Trust for the benefit of the son"
beneficial ownership financial
"The Reporting Person disclaims beneficial ownership of these shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"except to the extent of her pecuniary interest therein, if any."
trustee financial
"of which the Reporting Person is the trustee."
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.
FAQ
What equity awards did Adobe (ADBE) director Amy Banse report on April 15, 2026?
Amy Banse reported two equity events on April 15, 2026: 900 restricted stock units vested into 900 Adobe common shares, and she received a new grant of 1,367 restricted stock units that will vest on the date of Adobe’s next annual stockholder meeting.
What happened to the 900 Adobe (ADBE) restricted stock units reported by Amy Banse?
The 900 restricted stock units vested in full on April 15, 2026 and were exercised at a price of $0.00 per unit, converting into 900 shares of Adobe common stock. This reflects the completion of a prior equity award’s vesting schedule for the director.
What are the vesting terms of Amy Banse’s new 1,367 Adobe (ADBE) restricted stock units?
The new grant of 1,367 restricted stock units to Amy Banse will vest 100% on the day of Adobe’s next annual meeting of stockholders. Until that vesting date, the units represent a right to receive shares rather than currently outstanding common stock.