Adobe (NASDAQ: ADBE) interim CFO adds 30 shares after RSU vesting
Rhea-AI Filing Summary
ADOBE INC. officer Steven Day, Interim CFO and SVP, reported the vesting and exercise of 58 Restricted Stock Units into 58 shares of Common Stock on 2026-08-15. Following this vesting, he held 231 RSUs. Of the newly issued shares, 28 shares were withheld at $264.02 per share to cover tax liability due at vesting, resulting in a net addition of 30 Common Stock shares to his directly held position.
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Insider Trade Summary
Net Buyer: 30 shares
Net Buy
3 txns
Insider
Day Steven
Role
Interim CFO and SVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2 | 58 | $0.00 | $0.00 |
| Exercise | Common Stock | 58 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 28 | $264.02 | $7K |
Holdings After Transaction:
Restricted Stock Units — 231 shares (Direct);
Common Stock — 5,349.696 shares (Direct)
Footnotes (2)
- F1. Shares surrendered to pay tax liability due at vesting.
- F2. Vests 6.25% quarterly from the vesting commencement date of August 15, 2023.
Key Figures
RSUs Vested and Exercised: 58 shares
Common Shares Withheld for Taxes: 28 shares
Tax Withholding Share Price: $264.02 per share
+3 more
6 metrics
RSUs Vested and Exercised
58 shares
Restricted Stock Units converted into Common Stock on 2026-08-15
Common Shares Withheld for Taxes
28 shares
Shares surrendered to pay tax liability due at vesting
Tax Withholding Share Price
$264.02 per share
Value used for the 28 shares withheld for tax liability
Net Common Shares Added
30 shares
58 shares issued from RSUs minus 28 shares withheld for taxes
RSUs Remaining After Vesting
231 shares
Restricted Stock Units held directly following the reported vesting event
RSU Vesting Rate
6.25% quarterly
Vesting rate from commencement date August 15, 2023
Key Terms
Restricted Stock Units, vesting commencement date, tax liability
3 terms
Restricted Stock Units financial
"security_title: "Restricted Stock Units""
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.
vesting commencement date financial
"Vests 6.25% quarterly from the vesting commencement date of August 15, 2023"
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"
FAQ
What did ADBE executive Steven Day report in this Form 4 transaction?
Steven Day reported 58 RSUs vesting into 58 shares of Adobe common stock on 2026-08-15, with 28 shares withheld to satisfy tax liability and 30 shares effectively added to his direct holdings.
How many Restricted Stock Units does ADBE’s Steven Day retain after this transaction?
After this transaction, Steven Day holds 231 Restricted Stock Units. These RSUs continue to vest according to a schedule that provides for 6.25% quarterly vesting from the vesting commencement date of August 15, 2023.
How do the ADBE RSUs reported by Steven Day vest over time?
The reported RSUs vest at 6.25% quarterly from a vesting commencement date of August 15, 2023. This schedule means a portion of the award converts into Adobe common stock every quarter as long as vesting conditions are met.
AI-generated analysis. How Rhea-AI works. Not financial advice.
