Adobe (NASDAQ: ADBE) CXO gets RSU awards, shares withheld for tax
Rhea-AI Filing Summary
Adobe executive Anil Chakravarthy, President and CXO, reported multiple equity compensation events. On January 14, 2026, he was granted 11,070, 2,692 and 4,284 restricted stock units (RSUs) tied to Adobe’s 2023, 2024 and 2025 Performance Share Programs. These awards relate to achievement of fiscal 2025 Net New Sales goals and, for the 2023 program, a three-year relative total stockholder return goal, and each grant will vest in full on the third anniversary of its respective January 24 vesting commencement date.
On January 15, 2026, RSUs vested and were settled into Adobe common stock through transactions coded “M,” delivering 761, 438 and 696 shares at an exercise price of $0. Separate “F” transactions show 406, 217 and 345 shares of common stock withheld at $304.09 per share to cover tax liabilities due at vesting. After these transactions, Chakravarthy directly beneficially owned approximately 46,554.777 shares of Adobe common stock and held thousands of additional RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 761 | $0.00 | -- |
| Exercise | Restricted Stock Units | 438 | $0.00 | -- |
| Exercise | Restricted Stock Units | 696 | $0.00 | -- |
| Exercise | Common Stock | 761 | $0.00 | -- |
| Tax Withholding | Common Stock | 406 | $304.09 | $123K |
| Exercise | Common Stock | 438 | $0.00 | -- |
| Tax Withholding | Common Stock | 217 | $304.09 | $66K |
| Exercise | Common Stock | 696 | $0.00 | -- |
| Tax Withholding | Common Stock | 345 | $304.09 | $105K |
| Grant/Award | Restricted Stock Units | 11,070 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 2,692 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 4,284 | $0.00 | -- |
Footnotes (1)
- Shares surrendered to pay tax liability due at vesting. Represents shares earned under the 2023 Performance Share Program for achievement of the fiscal year 2025 Net New Sales goal portion and three-year relative total stockholder return goal portion of the award certified on January 14, 2026, and that will vest in full on the three-year anniversary of the January 24, 2023 vesting commencement date. Such shares were previously reported as Performance Shares in a Form 4 at grant, on a voluntary basis and at 200% of total target payout. Represents shares earned under the 2024 Performance Share Program for achievement of the fiscal year 2025 Net New Sales goal portion of the award certified on January 14, 2026, and that will vest in full on the three-year anniversary of the January 24, 2024 vesting commencement date. Represents shares earned under the 2025 Performance Share Program for achievement of the fiscal year 2025 Net New Sales goal portion of the award certified on January 14, 2026, and that will vest in full on the three-year anniversary of the January 24, 2025 vesting commencement date. Vests 6.25% quarterly from the vesting commencement date of January 15, 2023. Vests 6.25% quarterly from the vesting commencement date of January 15, 2024. Vests 6.25% quarterly from the vesting commencement date of January 15, 2025.
FAQ
What insider activity did Adobe (ADBE) executive Anil Chakravarthy report in this Form 4?
The Form 4 reports that Anil Chakravarthy, Adobe’s President and CXO, received several new restricted stock unit (RSU) awards and had existing RSUs vest and convert into common stock on January 14–15, 2026, with some shares withheld to cover taxes.
How many new RSUs did Anil Chakravarthy receive according to the Adobe (ADBE) Form 4?
On January 14, 2026, Chakravarthy received RSU awards of 11,070, 2,692 and 4,284 units, each corresponding to Adobe’s 2023, 2024 and 2025 Performance Share Programs tied to fiscal 2025 Net New Sales goals and, for 2023, a three-year relative total stockholder return goal.
When will the newly reported Adobe (ADBE) RSU awards to Anil Chakravarthy vest?
The RSUs earned under the 2023 Performance Share Program will vest in full on the three-year anniversary of the January 24, 2023 vesting commencement date. The RSUs tied to the 2024 and 2025 programs will each vest in full on the three-year anniversaries of their respective January 24, 2024 and January 24, 2025 vesting commencement dates.
What are the vesting terms for the RSUs that converted into Adobe (ADBE) common stock on January 15, 2026?
Footnotes state that the RSUs related to the 761, 438 and 696 share conversions vest at a rate of 6.25% quarterly from vesting commencement dates of January 15, 2023, January 15, 2024 and January 15, 2025, respectively.