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

Director Mark Vranesh reports the disposal of Semrush Holdings equity 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 Mark Vranesh disposed of 116,693 shares of Class A Common Stock at a price of $12.00 per share.
• Outstanding stock options with exercise prices of $0.79 and $3.39 were 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 for their holdings.
• The transaction provides immediate liquidity to equity holders upon the effective date of the merger.

Negatives

• The company ceases to exist as an independent publicly traded entity following the merger.

Risks

• The company is no longer a standalone public entity, eliminating future independent growth potential for current shareholders.

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, as Adobe integrates Semrush's data-driven marketing capabilities into its broader Creative and Experience Cloud ecosystems.

Comparison to Industry Standards

• The $12.00 per share cash-out price represents the final valuation for public shareholders.
• The transaction follows standard M&A protocols for technology sector acquisitions involving cash-for-stock conversions.

Stakeholder Impact

• Shareholders receive cash consideration for their equity.
• Employees and customers transition to Adobe's corporate structure.

Next Steps

• Delisting of Semrush Holdings, Inc. from public exchanges.
• Integration of Semrush operations into Adobe Inc.

Key Dates

Keywords

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