Wagner William Raymond Sells SEMrush Holdings, Inc. Stock

William Raymond Wagner, Chief Executive Officer and Director of SEMrush Holdings, Inc., reported the disposition of 1,630,097 shares of Class A Common Stock on April 28, 2026. The transaction, coded as a sale (D), occurred at a price of $12.00 per share, resulting in the reporting owner holding 0 shares post-transaction. This disposition is in connection with the merger between SEMrush Holdings, Inc. and Adobe Inc., where SEMrush Holdings, Inc. survived as a wholly owned subsidiary of Adobe Inc. The merger agreement was dated November 18, 2025, and the merger was effective on April 28, 2026. Each share of SEMrush Holdings, Inc. common stock held by the reporting person was converted into the right to receive $12.00 in cash as part of the merger consideration. Restricted stock units and awards were also addressed in the merger, with some converted into Adobe stock units and others cashed out.