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

Director Steven Aldrich reports the disposal of all Semrush Holdings shares 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.
• Reporting person Steven Aldrich disposed of 56,886 shares of Class A Common Stock.
• The shares were converted into the right to receive $12.00 per share in cash 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 corporate acquisition.

Positives

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

Negatives

• The company is no longer a publicly traded entity as it has become a wholly owned subsidiary of Adobe Inc.

Risks

• No ongoing risks as the company has been acquired and delisted.

Future Outlook

The company is now a wholly owned subsidiary of Adobe Inc., and no further independent public guidance will be 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 cloud offerings.

Comparison to Industry Standards

• The acquisition price reflects the valuation agreed upon by the boards of both Adobe and Semrush in late 2025.
• This transaction follows a trend of large-cap software companies acquiring specialized SaaS platforms to expand their enterprise ecosystems.

Legal Proceedings

• None mentioned; the transaction was executed pursuant to a formal Merger Agreement.

Stakeholder Impact

• Shareholders have been cashed out at the agreed merger price.
• Employees and customers transition to being part of the Adobe organization.

Next Steps

• Final delisting of Semrush Holdings, Inc. from public exchanges.

Key Dates

Keywords

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