Adobe Inc. (ADBE) interim CFO gets 22,616 RSUs, exercises awards
Rhea-AI Filing Summary
Adobe Inc. interim CFO and SVP Steven Day reported multiple equity compensation events dated July 15, 2026. He received a grant of 22,616 Restricted Stock Units, had 690 RSUs convert into common stock, and 340 shares of common stock were surrendered at $224.56 per share to pay tax liabilities due at vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 350 shares
Net Buy
13 txns
Insider
Day Steven
Role
Interim CFO and SVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F3 | 55 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F4 | 63 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F5, F4 | 153 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F6 | 419 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units F7 | 22,616 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 55 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 27 | $224.56 | $6K |
| Exercise | Common Stock | 63 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 31 | $224.56 | $7K |
| Exercise | Common Stock | 153 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 75 | $224.56 | $17K |
| Exercise | Common Stock | 419 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 207 | $224.56 | $46K |
Holdings After Transaction:
Restricted Stock Units — 30,484 shares (Direct);
Common Stock — 5,319.696 shares (Direct)
Footnotes (7)
- F1. Includes 75.007 shares acquired on June 30, 2026 pursuant to Adobe's 2020 Employee Stock Purchase Plan, as amended.
- F2. Shares surrendered to pay tax liability due at vesting.
- F3. Vests 6.25% quarterly from the vesting commencement date of January 15, 2023.
- F4. Vests 6.25% quarterly from the vesting commencement date of January 15, 2024.
- F5. Vests 6.25% quarterly from the vesting commencement date of January 15, 2025.
- F6. Vests 6.25% quarterly from the vesting commencement date of January 15, 2026.
- F7. Vests 6.25% quarterly from the vesting commencement date of July 15, 2026.
Key Figures
RSU grant: 22,616 units
RSUs converted to common stock: 690 shares
Shares surrendered for taxes: 340 shares
+2 more
5 metrics
RSU grant
22,616 units
Restricted Stock Units awarded to Steven Day on July 15, 2026
RSUs converted to common stock
690 shares
Total underlying common shares from RSU exercises on July 15, 2026
Shares surrendered for taxes
340 shares
Common shares surrendered to pay tax liability at vesting
Tax withholding price
$224.56 per share
Price used for shares surrendered to satisfy tax obligations
Employee Stock Purchase Plan shares
75.007 shares
Included in holdings acquired under Adobe's 2020 Employee Stock Purchase Plan
Key Terms
Restricted Stock Units, Employee Stock Purchase Plan, vesting commencement date, tax liability
4 terms
Restricted Stock Units financial
"Grant of 22,616 Restricted Stock Units convertible into common stock"
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.
Employee Stock Purchase Plan financial
"Shares acquired under Adobe's 2020 Employee Stock Purchase Plan, as amended"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
vesting commencement date financial
"Vests 6.25% quarterly from the vesting commencement date of January 15, 2024"
The vesting commencement date is the starting point when an employee begins earning ownership rights to their promised benefits, such as stock options or retirement contributions. Think of it like the day a savings account is opened—only after this date do the benefits start to grow and become fully available over time. It matters to investors because it marks when the clock begins ticking toward full ownership, affecting the timing and value of these benefits.
tax liability financial
"Shares surrendered to pay tax liability due at vesting"
AI-generated analysis. How Rhea-AI works. Not financial advice.
