Adobe CFO logs equity awards and small share sale
Adobe EVP & CFO Daniel Durn reported multiple stock transactions tied to equity awards and a small share sale.
Rhea-AI Filing Summary
Adobe EVP & CFO Daniel Durn reported multiple stock transactions tied to equity awards and a small share sale. On January 24, 2026, restricted stock units and performance shares converted into a total of 15,660 shares of Adobe common stock, with 8,196 shares withheld at prices of $301.07 per share to cover taxes.
On January 26, 2026, Durn received a new grant of 27,631 restricted stock units that vest 6.25% quarterly from a vesting commencement date of January 15, 2026. On January 27, 2026, he sold 1,646 shares at an average price of $294.8501 per share, leaving him with 41,994.787 directly owned common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,646 | $294.8501 | $485K |
| Grant/Award | Restricted Stock Units | 27,631 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 606 | $0.00 | $0.00 |
| Exercise | Performance Shares | 15,054 | $0.00 | $0.00 |
| Exercise | Common Stock | 606 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 317 | $301.07 | $95K |
| Exercise | Common Stock | 15,054 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 7,879 | $301.07 | $2.37M |
Footnotes (4)
- F1. Shares surrendered to pay tax liability due at vesting.
- F2. Vests 25% on the first anniversary of the January 24, 2022 vesting commencement date and then 6.25% quarterly thereafter.
- F3. Represents shares earned under the 2023 Performance Share Program that vested in full on the three-year anniversary of the January 24, 2023 vesting commencement date.
- F4. Vests 6.25% quarterly from the vesting commencement date of January 15, 2026.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Adobe (ADBE) EVP & CFO Daniel Durn report in this Form 4?
What new equity award did Adobe (ADBE) grant to Daniel Durn?
How were taxes handled on Daniel Durn’s Adobe (ADBE) equity vesting?
AI-generated analysis. How Rhea-AI works. Not financial advice.