Summary by Moomoo AI
On April 17, 2024, Melanie Boulden, associated with Adobe Inc. [ADBE], completed a transaction to acquire 836 shares of Adobe's common stock at no cost. This transaction was categorized as an exercise or conversion of derivative security, which is typically related to stock options or other forms of equity compensation. Following this acquisition, Boulden's direct holdings in Adobe increased to a total of 2,432 shares. The transaction reflects a continued investment in the company by an individual closely associated with it.