Form 4: Adobe Executive Reports Stock Transactions
SEC Form 4 Filing
Anil Chakravarthy, President of Digital Experience at Adobe, reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- Anil Chakravarthy, President, DX at Adobe Inc., filed a Form 4 on April 28, 2025, reporting transactions related to Adobe's common stock.
- On April 24, 2025, Chakravarthy vested 606 restricted stock units (RSUs).
- Also on April 24, 2025, 300 shares were surrendered to cover tax liabilities at a price of $360.91 per share.
- Following these transactions, Chakravarthy directly owns 43,047.088 shares of Adobe common stock and 1,818 derivative securities.
Sentiment
Score: 5
Explanation: Neutral sentiment as the document is a standard regulatory filing detailing stock transactions.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their holdings in the company's stock.
Key Dates
| Date | Description |
|---|---|
| 01/24/2022 | Vesting commencement date for restricted stock units. |
| 04/24/2025 | Date of stock vesting and tax withholding. |
| 04/28/2025 | Date of Form 4 filing. |
Keywords
Form 4, Adobe, Stock, Chakravarthy, ADBE, Restricted Stock Units, Insider Trading
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