Form 4: Adobe Director Frank Calderoni Reports Stock Transactions

Director Frank Calderoni reports the vesting of restricted stock units and acquisition of additional units in Adobe Inc.

Summary

• On April 17, 2024, Frank Calderoni, a director of Adobe Inc., had 836 restricted stock units vest.
• These units converted into 836 shares of common stock.
• Calderoni also acquired 633 new restricted stock units on the same day.
• These new units will vest 100% on the date of Adobe's next annual meeting of stockholders.
• Following these transactions, Calderoni directly owns 31,184 shares of Adobe common stock and 633 restricted stock units.

Sentiment

Score: 5

Explanation: This is a routine filing related to stock transactions by a company director, with no particularly positive or negative implications.

Future Outlook

The newly acquired restricted stock units will vest 100% on the date of Adobe's next annual meeting of stockholders.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect insider activity related to compensation.

Key Dates