Form 4: Adobe Executive Gloria Chen Reports Stock Transactions
SEC Form 4 Filing
EVP and Chief People Officer of Adobe, Gloria Chen, reports stock transactions including the vesting of restricted stock units and shares withheld for tax obligations.
Summary
- Gloria Chen, EVP and Chief People Officer at Adobe, filed a Form 4 detailing changes in beneficial ownership of Adobe stock.
- On April 24, 2025, 424 shares of common stock were acquired through the vesting of restricted stock units.
- Also on April 24, 2025, 210 shares were disposed of to cover tax liabilities at a price of $360.91 per share.
- Following these transactions, Chen directly owns 37,822.423 shares of Adobe common stock.
- Chen also indirectly owns 667 shares through The John Kibarian and Gloria Chen Trust.
Sentiment
Score: 5
Explanation: This is a routine filing related to executive compensation, with no particularly positive or negative implications.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into the trading activities of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 04/08/2004 | Date of The John Kibarian and Gloria Chen Trust |
| 01/24/2022 | Vesting commencement date for restricted stock units |
| 04/24/2025 | Date of stock transactions (vesting and tax withholding) |
| 04/28/2025 | Date of signature for the Form 4 filing |
Keywords
Form 4, Adobe, Stock, Gloria Chen, Beneficial Ownership, ADBE, Executive Compensation, Restricted Stock Units
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