Adobe CEO Shantanu Narayen Sells $31.3 Million Stock
Key PointsThe transactions involved ~125,000 shares executed at a weighted-average price of $250.76 per share, totaling approximately $31.3 million as of Sept. 17, 2026.
On September 16 and 17, 2026, Shantanu Narayen, the Chair and CEO of Adobe Inc. (NASDAQ:ADBE), sold approximately 125,000 shares of the company's common stock, resulting in a total transaction value of $31.3 million, according to the SEC Form 4 filing. The transaction value was calculated using a weighted average sale price of $250.76, while the post-transaction value was determined based on the market close on September 17, 2026, at $252.67.
Adobe Inc., a leading global software company, boasts a substantial market position with a market capitalization of $99.3 billion and trailing twelve-month (TTM) revenues of $26.0 billion. The company's strategic emphasis on cloud-based solutions and digital transformation initiatives enables it to leverage the growing trends in content creation, digital marketing, and enterprise digital experience management.
The company's competitive edge stems from its integrated product suites, extensive customer base, and a recurring revenue model that ensures predictable cash flows and operational leverage.
Written by urgent.news from Motley Fool's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.