Anil Chakravarthy, President, CXO, reported a non-discretionary disposition of 1,498 shares of Adobe Inc. (NASDAQ:ADBE) at $224.56 per share on July 15, 2026.
Transaction summary Transaction value based on SEC Form 4 weighted average sale price ($224.56); post-transaction value based on July 15, 2026 market close ($224.56). Key questions – What was the underlying event for this automated transaction? The shares were surrendered to the company to pay tax liabilities due upon the vesting of restricted stock units, a routine mechanism for executives to manage tax obligations on equity compensation. – What is the status of the insider’s remaining equity awards?
In addition to direct common stock, the President holds 15,826 derivative securities, including unvested awards that continue to vest quarterly at a rate of 6.25% through January 2030. – How does this filing reflect the insider’s long-term stake? Anil Chakravarthy continues to maintain a significant equity position with a total beneficial ownership of 61,892 shares, which includes the 75 shares recently acquired through the company’s Employee Stock Purchase Plan as of June 30, 2026. – What is the current market valuation of the remaining direct equity stake? Based on the July 16, 2026 market close of $235.31, the insider’s 61,892 shares represent a market value of approximately $14.6 million, following a period where the stock has seen a -38% return over the year ending July 15, 2026.