Form 4: Adobe EVP & CFO Daniel Durn Reports Stock Transactions

Daniel Durn, EVP & CFO of Adobe Inc., reports the vesting of restricted stock units and subsequent tax liability coverage through share surrender on April 24, 2025.

Summary

• On April 24, 2025, Daniel Durn, the EVP & CFO of Adobe Inc., engaged in transactions involving Adobe's common stock.
• Durn acquired 606 shares of common stock through the vesting of restricted stock units.
• Simultaneously, Durn surrendered 317 shares to cover tax liabilities arising from the vesting event at a price of $360.91 per share.
• Following these transactions, Durn directly owns 31,516.098 shares of Adobe common stock.
• Durn also holds 1,818 restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies like Adobe. It provides transparency into the transactions of company insiders.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect routine executive compensation adjustments.

Key Dates

Keywords

Adobe, Daniel Durn, Stock, Form 4, EVP & CFO, Restricted Stock Units, ADBE, Vesting, Tax Liability