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Adobe | 4: Statement of changes in beneficial ownership of securities-Officer NARAYEN SHANTANU

SEC ·  Oct 18, 2024 05:49

Summary by Moomoo AI

Adobe Inc.'s Chair and CEO, Shantanu Narayen, completed a series of stock transactions on October 15, 2024. Narayen acquired a total of 3,464 shares of Adobe Common Stock indirectly through a trust, with no transaction price, as part of an exercise or conversion of derivative security. On the same day, he disposed of 1,716 shares at a price of $508.03 per share, which were used to cover the exercise price or tax liability associated with the transaction. The total market value of the disposed shares amounted to $871,779.48. After these transactions, Narayen beneficially owns 359,448 shares of Adobe Common Stock indirectly through the trust.
Adobe Inc.'s Chair and CEO, Shantanu Narayen, completed a series of stock transactions on October 15, 2024. Narayen acquired a total of 3,464 shares of Adobe Common Stock indirectly through a trust, with no transaction price, as part of an exercise or conversion of derivative security. On the same day, he disposed of 1,716 shares at a price of $508.03 per share, which were used to cover the exercise price or tax liability associated with the transaction. The total market value of the disposed shares amounted to $871,779.48. After these transactions, Narayen beneficially owns 359,448 shares of Adobe Common Stock indirectly through the trust.
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