Form 4: Adobe SVP & CAO Jillian Forusz Reports Stock Transactions

Jillian Forusz, SVP & CAO 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, Jillian Forusz, SVP & CAO of Adobe Inc., engaged in transactions involving Adobe's common stock.
• Forusz acquired 30 shares of common stock through the vesting of restricted stock units.
• Simultaneously, Forusz surrendered 10 shares to cover tax liabilities arising from the vesting event at a price of $360.91.
• Following these transactions, Forusz directly owns 3,296.467 shares of Adobe common stock.

Sentiment

Score: 7

Explanation: The document reflects standard executive compensation practices. It's a neutral event with no significant positive or negative implications for the company's overall financial health.

Industry Context

This is a routine disclosure related to executive compensation and stock-based awards, common in publicly traded companies like Adobe.

Comparison to Industry Standards

• Executive stock transactions are a standard part of compensation packages in tech companies like Adobe.
• Similar transactions are regularly reported by executives at companies such as Microsoft, Apple, and Google.
• The vesting schedules and tax implications are generally consistent with industry norms for equity compensation.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as they relate to executive compensation and do not represent a significant change in ownership.

Key Dates

Keywords

Adobe, Forusz, Stock, Restricted Stock Units, Vesting, Tax Liability, Form 4, ADBE, SVP & CAO