Summary by Moomoo AI
On April 11, 2018, Frank Calderoni, reported a completed transaction involving the acquisition of Adobe Inc. (ADBE) shares. The transaction consisted of acquiring 2,035 shares of Adobe's common stock at no cost, indicating the exercise or conversion of a derivative security. Following this transaction, Calderoni's direct holdings in Adobe increased to a total of 25,887 shares. The nature of the transaction suggests an increase in Calderoni's stake in the company, reflecting a potential long-term commitment to Adobe's performance.