The sale was automatic to cover tax liabilities from vested restricted stock units, leaving Wadhwani with 43,216 shares.
Adobe Inc. President David Wadhwani sold 1,498 shares of ADBE stock on July 15, 2026, at a weighted average price of $224.56. The transaction was non-discretionary, executed to satisfy tax withholding requirements tied to the vesting of restricted stock units.
Following the sale, Wadhwani retains 43,216 shares in direct and indirect holdings, alongside 15,826 derivative securities, including stock options. Indirect holdings include shares managed through family trusts established for his children.
The filing reflects standard executive compensation practices, with no indication of a shift in Wadhwani’s long-term alignment with shareholder interests.