Adobe (ADBE) CFO sells 1,336 shares in open-market stock trade

Filing Impact

(Moderate)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Adobe Inc. EVP & CFO Daniel Durn reported an open-market sale of 1,336 shares of Adobe common stock on April 20, 2026 at $248.0201 per share. After this transaction, he directly holds 42,832.787 shares of Adobe common stock.

Insights

Adobe’s CFO made a relatively small open-market share sale while keeping a substantial stake.

The filing shows EVP & CFO Daniel Durn executed an open-market sale of 1,336 shares of Adobe common stock at $248.0201 per share on April 20, 2026. There are no derivative exercises or tax-withholding entries in this report.

Following the sale, Durn still directly owns 42,832.787 shares, indicating he retains significant equity exposure to ADOBE INC.. With no disclosed trading plan or derivatives in the excerpt, this appears as a straightforward, modest reduction in his direct holdings.

Insider Trade Summary

Net Seller: 1,336 shares ($331,355)

Net Sell 1 txn

Insider Durn Daniel

Role EVP & CFO

Sold 1,336 shs ($331K)

Type	Security	Shares	Price	Value
Sale	Common Stock	1,336	$248.0201	$331K

Holdings After Transaction: Common Stock — 42,832.787 shares (Direct, null)

Footnotes (1)

Key Figures

Shares sold: 1,336 shares Sale price per share: $248.0201 per share Shares held after transaction: 42,832.787 shares +1 more

4 metrics

Shares sold 1,336 shares Open-market sale on April 20, 2026

Sale price per share $248.0201 per share Price for the 1,336 sold shares

Shares held after transaction 42,832.787 shares Direct holdings after sale

Net buy/sell shares -1,336 shares Net selling activity in this filing

Key Terms

open-market sale, Common Stock, Form 4, EVP & CFO

4 terms

open-market sale financial

"The transaction is described as an open-market sale of 1,336 shares."

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Common Stock financial

"The security title for the transaction is listed as Common Stock."

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 regulatory

"The insider transaction is disclosed in a Form 4 filing."

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

EVP & CFO financial

"Daniel Durn is identified as EVP & CFO of Adobe Inc."

Form 4 Insider Transactions: What Each Field Means →

04/22/2026 - 04:33 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Durn Daniel

(Last)

(First)

(Middle)

ADOBE INC.

345 PARK AVENUE

(Street)

SAN JOSE

CALIFORNIA

95110

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
ADOBE INC. [ ADBE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	EVP & CFO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/20/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/20/2026		S		1,336	D	$248.0201	42,832.787	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

Remarks:

	/s/ Jillian Forusz, as attorney-in-fact	04/22/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Adobe (ADBE) disclose for CFO Daniel Durn?

Adobe disclosed that EVP & CFO Daniel Durn sold 1,336 shares of common stock in an open-market transaction. The shares were sold at $248.0201 per share, and the transaction was reported on a Form 4 insider filing.

At what price did Adobe (ADBE) CFO sell his shares?

The Adobe CFO’s shares were sold at $248.0201 per share. This per-share price applies to the 1,336 shares of Adobe common stock that were disposed of in the reported open-market sale transaction.

How many Adobe (ADBE) shares does the CFO hold after the sale?

After the transaction, Adobe’s EVP & CFO Daniel Durn directly holds 42,832.787 shares. This post-transaction figure reflects his remaining direct ownership of Adobe common stock as reported in the Form 4 filing.

Was the Adobe (ADBE) CFO transaction a buy or a sell?

The transaction was a sell. The Form 4 identifies it as an open-market sale of 1,336 shares of Adobe common stock, using transaction code “S” and classifying the direction explicitly as a sale.

Did Adobe (ADBE) CFO exercise any options in this Form 4 filing?

No, the filing does not report any option exercises. It shows only a non-derivative transaction in common stock, with 1,336 shares sold and no derivative positions or exercises listed in the derivative summary section.