Form 4: Semrush Holdings Acquired by Adobe for $12 Per Share

Director Dylan Pearce reports the disposal of all Semrush Holdings shares following the company's acquisition by Adobe Inc.

Summary

• Semrush Holdings, Inc. completed a merger with Adobe Inc. on April 28, 2026.
• Reporting person Dylan Pearce disposed of 58,463 shares of Class A Common Stock.
• Each share of Semrush common stock was converted into the right to receive $12.00 in cash.
• The issuer, Semrush, is now a wholly owned subsidiary of Adobe Inc.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral administrative filing confirming the completion of a previously announced merger.

Positives

• Shareholders received a cash consideration of $12.00 per share upon the completion of the merger.

Negatives

• The company has ceased to be an independent publicly traded entity.

Risks

• No ongoing risks as the company is now a private subsidiary of Adobe Inc.

Future Outlook

The company is now a wholly owned subsidiary of Adobe Inc., and no further independent guidance or outlook will be provided by Semrush Holdings as a public entity.

Industry Context

StockSavvy.ai notes that this acquisition represents a significant consolidation in the marketing technology and SEO software space, with Adobe absorbing a key player to bolster its digital experience and content marketing capabilities.

Comparison to Industry Standards

• The acquisition price reflects the valuation agreed upon by the parties in the November 2025 merger agreement.
• This transaction follows a trend of large-cap software companies acquiring specialized SaaS platforms to integrate into broader enterprise ecosystems.

Legal Proceedings

• The company was merged into a subsidiary of Adobe Inc. pursuant to the Agreement and Plan of Merger dated November 18, 2025.

Stakeholder Impact

• Shareholders have received cash for their equity holdings.
• Employees and customers transition to being part of the Adobe organization.

Next Steps

• Delisting of Semrush Holdings, Inc. from public stock exchanges.

Key Dates

Keywords

Semrush, Adobe, Merger, Acquisition, SEMR, Form 4, Insider Transaction