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Adobe | 4: Statement of changes in beneficial ownership of securities-Officer Rao Dana

SEC announcement ·  Apr 17 16:56
Summary by Moomoo AI
On April 15, 2024, Dana Rao, EVP, Gen. Counsel & Secretary of Adobe Inc. (ADBE), completed a series of transactions involving the company's common stock. Rao acquired a total of 1,211 shares at no cost, an action described as the exercise or conversion of derivative security. On the same day, Rao disposed of 600 shares at a price of $470.1 per share, which is categorized as a payment of exercise price or tax liability by delivering or withholding securities. Following these transactions, Rao's direct holdings in Adobe common stock amounted to 23,904.2214 shares. The total market value of the disposed shares was calculated at $282,060.
On April 15, 2024, Dana Rao, EVP, Gen. Counsel & Secretary of Adobe Inc. (ADBE), completed a series of transactions involving the company's common stock. Rao acquired a total of 1,211 shares at no cost, an action described as the exercise or conversion of derivative security. On the same day, Rao disposed of 600 shares at a price of $470.1 per share, which is categorized as a payment of exercise price or tax liability by delivering or withholding securities. Following these transactions, Rao's direct holdings in Adobe common stock amounted to 23,904.2214 shares. The total market value of the disposed shares was calculated at $282,060.
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