Trade Summary
3 days ago, Narayen Shantanu, serving as Chair, CEO at Adobe Inc. (ADBE), sold 75,000 shares at $243.54 per share, for a total transaction value of $18,265,234.00. Following this transaction, Narayen Shantanu now holds 359,862 shares of ADBE.
This sale represents a 17.00% decrease in Narayen Shantanu's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Tuesday, April 28, 2026 and publicly disclosed via SEC Form 4 filing on Thursday, April 30, 2026, 2 days after the trade was made.
Adobe Inc. operates in the TECHNOLOGY sector, specifically within the SOFTWARE - APPLICATION industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.
Discussion