Adobe CFO Daniel Durn's Stock Transactions: RSU Vesting and Tax Withholding
This Form 4 filing reports stock transactions by Daniel Durn, EVP & CFO of Adobe Inc., on April 15, 2026. The transactions involve the vesting of multiple Restricted Stock Unit (RSU) grants totaling 4,558 shares, which were converted to common stock. Concurrently, Durn sold 2,384 shares at $244.66 per share to cover tax liabilities associated with the vesting. These sales represent approximately 52% of the vested shares, which is a typical practice for tax withholding purposes. Following these transactions, Durn's direct holdings in Adobe common stock increased to 44,168.787 shares. The RSU grants have quarterly vesting schedules with commencement dates ranging from January 2023 to January 2026. The filing demonstrates routine executive compensation activity rather than discretionary trading.