Summary by Moomoo AI
On April 11, 2018, Amy Banse, a reporting person for Adobe Inc. [ADBE], completed a transaction to acquire 2,035 shares of Adobe's common stock at no cost. This transaction was categorized as an exercise or conversion of derivative security, typically indicating the exercise of options or other derivative instruments. Following this acquisition, Banse's direct holdings in Adobe increased to a total of 33,488 shares. The transaction, which took place under the transaction code 'M', signifies a notable increase in Banse's investment in the company's stock.