Adobe (ADBE) legal chief receives 31,662 RSUs as 1,308 units vest
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Adobe Inc. Chief Legal Officer & EVP Adele Louise Pentland reported equity compensation activity on July 15, 2026. She received a grant of 31,662 Restricted Stock Units that vest 50% annually from July 15, 2026. In addition, 1,308 RSUs from a prior award vested and converted into common stock at no cash cost, from an award that vests 6.25% quarterly from January 15, 2026. To cover taxes due at vesting, 648 common shares were surrendered. After these transactions, she directly held 6,058.766 common shares, 31,662 RSUs from the new grant, and 18,317 RSUs remaining from the earlier award.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,308 shares exercised/converted
Mixed
4 txns
Insider
Pentland Adele Louise
Role
Chief Legal Officer & EVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,308 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 31,662 | $0.00 | -- |
| Exercise | Common Stock | 1,308 | $0.00 | -- |
| Tax Withholding | Common Stock | 648 | $224.56 | $146K |
Holdings After Transaction:
Restricted Stock Units — 18,317 shares (Direct);
Common Stock — 6,706.766 shares (Direct)
Footnotes (1)
- Includes 75.007 shares acquired on June 30, 2026 pursuant to Adobe's 2020 Employee Stock Purchase Plan, as amended. Shares surrendered to pay tax liability due at vesting. Vests 6.25% quarterly from the vesting commencement date of January 15, 2026. Vests 50% annually from the vesting commencement date of July 15, 2026.
Key Figures
RSUs granted: 31,662 Restricted Stock Units
RSUs vested and converted: 1,308 Restricted Stock Units
Shares surrendered for taxes: 648 Common Stock shares
+4 more
7 metrics
RSUs granted
31,662 Restricted Stock Units
New RSU award to Adele Louise Pentland on July 15, 2026
RSUs vested and converted
1,308 Restricted Stock Units
Portion of prior RSU award that vested and converted into common stock on July 15, 2026
Shares surrendered for taxes
648 Common Stock shares
Shares surrendered to pay tax liability due at RSU vesting
Common shares held after transactions
6,058.766 Common Stock shares
Direct holdings of Adele Pentland following the July 15, 2026 transactions
RSUs remaining from prior award
18,317 Restricted Stock Units
Unvested RSUs after 1,308 units from the prior award vested and converted
Quarterly vesting rate (prior award)
6.25%
Prior RSU award vests 6.25% quarterly from January 15, 2026
Annual vesting rate (new award)
50%
New 31,662-unit RSU award vests 50% annually from July 15, 2026
Key Terms
Restricted Stock Units, tax liability, vesting commencement date, Employee Stock Purchase Plan
4 terms
Restricted Stock Units financial
"security_title "Restricted Stock Units" in derivative transaction records"
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.
tax liability financial
"Footnote states: "Shares surrendered to pay tax liability due at vesting.""
vesting commencement date financial
"Footnotes reference a "vesting commencement date" for RSU schedules"
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.
Employee Stock Purchase Plan financial
"Footnote mentions 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.