Adobe (ADBE) executive Chen acquired 3,243 shares
Insider transactions reported
Gloria Chen (EVP, Chief People Officer at Adobe Inc., ADBE) reported that they acquired 3,243 shares, and gave up 1,606 shares at $244.66 to cover taxes or an exercise price on Apr 15, 2026. After these transactions the filing shows 48,721.11 shares held directly.
- Reporting person
- Chen Gloria
- Role
- EVP, Chief People Officer
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Apr 15, 2026 | Exercise or conversion of a derivative (M) | Common Stock | +3,243 | - | - | 49,369.112 direct |
| Apr 15, 2026 | Shares withheld for taxes or exercise price (F) | Common Stock1 | -1,606 | avg $244.66 | $393K | 48,721.112 direct |
Options and other derivatives
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Apr 15, 2026 | Exercise or conversion of a derivative (M) | Restricted Stock UnitsOn 3,243 Common Stock3, 4, 5, ... | -3,243 | - | - | 19,625 direct |
Holdings before and after
- Common Stock: 47,084.112 to 48,721.112 direct
- Restricted Stock Units: 3,078 to 19,625 direct
Other positions listed
- Common Stock: 667 indirect, by trust
Footnotes from the filing
- 1. Shares surrendered to pay tax liability due at vesting.
- 2. Shares held by The John Kibarian and Gloria Chen Trust, dated 4/8/2004 of which the reporting person is a trustee.
- 3. Vests 6.25% quarterly from the vesting commencement date of January 15, 2023.
Transaction codes in this filing
- Exercise or conversion of a derivative:
- Code M marks the exercise or conversion of an option or other derivative under an exempt plan.
- Shares withheld for taxes or exercise price:
- Code F marks shares handed back or withheld to pay taxes or an exercise price. No sale happens in the market.
FAQ
What did Chen report in this ADBE Form 4?
Gloria Chen (EVP, Chief People Officer at Adobe Inc., ADBE) reported that they acquired 3,243 shares, and gave up 1,606 shares at $244.66 to cover taxes or an exercise price on Apr 15, 2026. After these transactions the filing shows 48,721.11 shares held directly.
How many ADBE shares does Chen hold after this filing?
The filing shows 48,721.11 shares held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
What does transaction code M mean on an SEC Form 4?
Code M marks the exercise or conversion of an option or other derivative under an exempt plan.
Historical context for ADBE
Across the 21 sessions after earlier ADBE headlines, the stock closed higher 8 times and lower 13 times, with a median move of 1.5% in either direction. This shows timing only: many things move a stock in a session, and these figures do not show that any headline caused a move.
| Session | Earlier headline | ADBE | SPY |
|---|---|---|---|
| Apr 15, 2026 | Adobe Ushers in a New Era of Creativity with New Creative Agent and Generative AI Innovations in Adobe Firefly | +3.8% | +0.8% |
| Apr 14, 2026 | Adobe to Host Investor Session at Adobe Summit | -1.8% | +1.2% |
| Apr 13, 2026 | BTIG Research initiated coverage on Adobe | +6.5% | +1.0% |
| Mar 26, 2026 | William Blair resumed coverage on Adobe | +1.5% | -1.8% |
| Mar 16, 2026 | Adobe downgraded by Argus | +1.0% | +1.0% |
| Mar 13, 2026 | Adobe downgraded by Barclays with a new price targetand 3 other headlines that session | -7.6% | -0.6% |
Earlier insider filings at ADBE
- Apr 17, 2026SEC Form 4 filed by Chakravarthy Anil
- Apr 17, 2026SEC Form 4 filed by Balazs Lara
- Mar 16, 2026SVP & CAO Forusz Jillian converted options into 460 shares and covered exercise/tax liability with 158 shares, increasing direct ownership by 9% to 3,823 units (SEC Form 4)
- Jan 28, 2026EVP, Chief People Officer Chen Gloria converted options into 10,663 shares and covered exercise/tax liability with 5,079 shares, increasing direct ownership by 13% to 47,084 units (SEC Form 4)
- Jan 28, 2026President, C&P Wadhwani David converted options into 24,213 shares and covered exercise/tax liability with 11,791 shares, increasing direct ownership by 45% to 39,734 units (SEC Form 4)
- Market cap
- 30-day
- Sector
- Technology
- Industry
- Computer Software: Prepackaged Software
- Listed since
- 1986
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