Adobe CAO converts 3,085 RSUs, withholds tax
Adobe’s SVP & CAO reported RSU vesting into common shares with a portion withheld to cover tax obligations.
Sentiment and the balance of points
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Rhea-AI Filing Summary
ADOBE INC. reported that senior vice president and chief accounting officer Jillian Forusz had restricted stock units convert into common stock on September 15, 2026. Two tranches of restricted stock units covering 227 shares and 2,858 shares converted into the same number of common shares at no cost. On the same date, a total of 1,528 common shares were surrendered at $257.76 per share to cover tax liabilities due at vesting. No Rule 10b5-1 trading plan is reported for these transactions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2 | 227 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F3 | 2,858 | $0.00 | $0.00 |
| Exercise | Common Stock | 227 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 112 | $257.76 | $29K |
| Exercise | Common Stock | 2,858 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 1,416 | $257.76 | $365K |
Footnotes (3)
- F1. Shares surrendered to pay tax liability due at vesting.
- F2. Vests 6.25% quarterly from the vesting commencement date of September 15, 2024.
- F3. Vests 25% annually from the vesting commencement date of September 15, 2025.
Key Figures
Key Terms
Restricted Stock Units financial
tax liability financial
vesting financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did ADBE executive Jillian Forusz report in this Form 4?
How many Adobe (ADBE) RSUs vested for Jillian Forusz on September 15, 2026?
Was a Rule 10b5-1 trading plan used for these ADBE transactions?
What vesting schedules apply to the RSUs in this ADBE Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.