Shantanu Narayen, Chair and CEO at ADOBE INC. (ADBE), sold 64,000 shares at $599.87 ($38.3M) on 2023-12-22, disclosed to the SEC on 2023-12-26.
Seasonal sale ($38.3M) by Chair and CEO — this insider has traded ADBE in December in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $597.08 | 8,335 | $5.0M | 13.0% |
| 2 | $597.08 | 8,335 | $5.0M | 13.0% |
| 3 | $598.11 | 10,293 | $6.2M | 16.1% |
| 4 | $598.11 | 10,293 | $6.2M | 16.1% |
| 5 | $598.84 | 9,217 | $5.5M | 14.4% |
| 6 | $598.84 | 9,217 |
| $5.5M |
| 14.4% |
| 7 | $599.87 | 4,155 | $2.5M | 6.5% |
| 8 | $599.87 | 4,155 | $2.5M | 6.5% |
| Total | $598.28 avg | 64,000 | $38.3M | 100% |
| Filing → |
| ADBE | SELL | 2024-09-26 | $26.1M | — | Filing → |
| ADBE | SELL | 2024-06-28 | $27.2M | — | Filing → |
| ADBE | SELL | 2023-06-22 | $33.5M | — | Filing → |