Shantanu Narayen, Chairman, President and CEO at ADOBE INC. (ADBE), sold 80,000 shares at $622.46 ($49.6M) on 2021-09-24, disclosed to the SEC on 2021-09-27.
Seasonal sale ($49.6M) by Chairman, President and CEO — this insider has traded ADBE in September in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $618.84 | 12,685 | $7.8M | 15.8% |
| 2 | $618.84 | 12,685 | $7.8M | 15.8% |
| 3 | $619.82 | 10,152 | $6.3M | 12.7% |
| 4 | $619.82 | 10,152 | $6.3M | 12.7% |
| 5 | $620.90 | 6,838 | $4.2M | 8.6% |
| 6 | $620.90 | 6,838 |
| $4.2M |
| 8.6% |
| 7 | $621.88 | 7,838 | $4.9M | 9.8% |
| 8 | $621.88 | 7,838 | $4.9M | 9.8% |
| 9 | $622.46 | 2,487 | $1.5M | 3.1% |
| 10 | $622.46 | 2,487 | $1.5M | 3.1% |
| Total | $620.26 avg | 80,000 | $49.6M | 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 → |