Adobe CLO vests 1,949 RSUs, withholds shares
Adobe’s Chief Legal Officer received vested shares from restricted stock units, with a portion withheld to cover taxes, and now directly holds 21,448 Adobe shares.
Rhea-AI Filing Summary
ADOBE INC. (ADBE) reported that Chief Legal Officer & EVP Adele Louise Pentland converted 1,949 restricted stock units into the same number of shares of common stock on September 15, 2026, as part of a vesting event from a prior equity award.
Of the vested shares, 966 shares of common stock were delivered or withheld to pay the related tax liability at a price of $257.76 per share, and Pentland now directly holds 21,448 shares of Adobe common stock following this transaction. The vested award is scheduled to vest 25% on the first anniversary of the June 15, 2025 vesting commencement date, and 6.25% quarterly thereafter. No Rule 10b5-1 trading plan is reported for these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2 | 1,949 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,949 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 966 | $257.76 | $249K |
Footnotes (2)
- F1. Shares surrendered to pay tax liability due at vesting.
- F2. Vests 25% on the first anniversary of the June 15, 2025 vesting commencement date and then 6.25% quarterly thereafter.
Key Figures
Key Terms
Restricted Stock Units financial
tax liability financial
vesting commencement date financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity transaction did Adobe (ADBE) report for Adele Louise Pentland?
Was a Rule 10b5-1 trading plan involved in this Adobe (ADBE) insider transaction?
What is the vesting schedule for the Adobe (ADBE) restricted stock units in this filing?
What types of securities are involved in this Adobe (ADBE) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.