Adobe CXO exercises 3,024 RSUs, withholds shares
Adobe Inc. President, CXO Anil Chakravarthy reported compensation-related share movements on July 15, 2026.
Rhea-AI Filing Summary
Adobe Inc. President, CXO Anil Chakravarthy reported compensation-related share movements on July 15, 2026. He acquired 3,024 shares of common stock upon conversion of Restricted Stock Units and surrendered 1,498 shares at $224.56 per share to cover tax liabilities at vesting. After these transactions he directly held 61,127.784 shares of Adobe common stock, including 75.007 shares acquired under Adobe's 2020 Employee Stock Purchase Plan, and continued to hold multiple RSU awards that vest 6.25% quarterly from commencement dates between January 15, 2023 and January 15, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,024 shares exercised/converted
Exercise
12 txns
Insider
Chakravarthy Anil
Role
President, CXO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F3 | 761 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F4 | 437 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F5 | 696 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F6 | 1,130 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 761 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 377 | $224.56 | $85K |
| Exercise | Common Stock | 437 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 216 | $224.56 | $49K |
| Exercise | Common Stock | 696 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 345 | $224.56 | $77K |
| Exercise | Common Stock | 1,130 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 560 | $224.56 | $126K |
Holdings After Transaction:
Restricted Stock Units — 26,925 contracts (Direct);
Common Stock — 61,892.784 shares (Direct)
Footnotes (6)
- 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.
Key Figures
RSU Shares Converted: 3,024 shares
Shares Withheld for Taxes: 1,498 shares
Tax Withholding Price: $224.56 per share
+4 more
7 metrics
RSU Shares Converted
3,024 shares
Total Adobe common shares acquired through RSU exercises on July 15, 2026
Shares Withheld for Taxes
1,498 shares
Shares surrendered to pay tax liability due at vesting at $224.56 per share
Tax Withholding Price
$224.56 per share
Price applied to shares surrendered for tax obligations on July 15, 2026
Direct Common Stock Holdings
61,127.784 shares
Direct Adobe common shares held by Anil Chakravarthy after July 15, 2026 transactions
ESPP Shares Included
75.007 shares
Portion of holdings acquired June 30, 2026 under Adobe's 2020 Employee Stock Purchase Plan
RSUs Remaining (2026 award)
15,826 units
Restricted Stock Units outstanding after vesting under award vesting quarterly from January 15, 2026
RSUs Remaining (2025 award)
6,955 units
Restricted Stock Units outstanding after vesting under award vesting quarterly from January 15, 2025
Key Terms
Restricted Stock Units, Employee Stock Purchase Plan, tax liability due at vesting, vesting commencement date
4 terms
Restricted Stock Units financial
"Listed as security title Restricted Stock Units in several derivative entries"
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
"Includes 75.007 shares acquired under Adobe's 2020 Employee Stock Purchase Plan"
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.
tax liability due at vesting financial
"Footnote states shares surrendered to pay tax liability due at vesting"
vesting commencement date financial
"RSU footnotes reference a vesting commencement date of January 15, 2026"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
