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

Director Katryn Blake reports the disposal of Semrush Holdings, Inc. shares and options following the company's acquisition by Adobe Inc.

Summary

• Semrush Holdings, Inc. has been acquired by Adobe Inc. via a merger agreement dated November 18, 2025.
• The merger was finalized on April 28, 2026, with Semrush becoming a wholly owned subsidiary of Adobe.
• Reporting person Katryn Blake disposed of 68,393 shares of Class A Common Stock at a price of $12.00 per share.
• The reporting person also had 60,000 stock options with an exercise price of $3.39 cancelled and cashed out as part of the merger consideration.

Sentiment

Score: 5

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

Positives

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

Negatives

• The company is no longer an independent publicly traded entity following the merger.

Risks

• The company has ceased to exist as a standalone public entity, eliminating future investment opportunities in Semrush as a separate stock.

Future Outlook

The company has been acquired by Adobe Inc. and will operate as a wholly owned subsidiary; no further independent guidance is provided.

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 Adobe and Semrush boards in late 2025.
• The cash-out structure for equity and options is standard for definitive merger agreements of this nature.

Legal Proceedings

• The company was acquired by Adobe Inc. pursuant to a Merger Agreement dated November 18, 2025.

Stakeholder Impact

• Shareholders have received cash consideration for their holdings.
• Employees and contractors are subject to the terms of the merger agreement regarding their equity awards.

Next Steps

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

Key Dates

Keywords

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