Shantanu Narayen, Chairman and CEO at ADOBE INC. (ADBE), sold 70,000 shares at $480.58 ($33.5M) on 2023-06-22, disclosed to the SEC on 2023-06-22.
Seasonal sale ($33.5M) by Chairman and CEO — this insider has traded ADBE in June in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $475.57 | 6,026 | $2.9M | 8.6% |
| 2 | $475.57 | 6,026 | $2.9M | 8.6% |
| 3 | $476.56 | 3,147 | $1.5M | 4.5% |
| 4 | $476.56 | 3,147 | $1.5M | 4.5% |
| 5 | $477.91 | 4,832 | $2.3M | 6.9% |
| 6 | $477.91 | 4,832 |
| $2.3M |
| 6.9% |
| 7 | $478.53 | 13,624 | $6.5M | 19.5% |
| 8 | $478.53 | 13,624 | $6.5M | 19.5% |
| 9 | $479.60 | 5,462 | $2.6M | 7.8% |
| 10 | $479.60 | 5,462 | $2.6M | 7.8% |
| 11 | $480.58 | 1,909 | $917K | 2.7% |
| 12 | $480.58 | 1,909 | $917K | 2.7% |
| Total | $478.04 avg | 70,000 | $33.5M | 100% |
| Filing → |
| ADBE | SELL | 2024-09-26 | $26.1M | — | Filing → |
| ADBE | SELL | 2024-06-28 | $27.2M | — | Filing → |
| ADBE | SELL | 2023-12-26 | $38.3M | — | Filing → |