Adobe insider activity
What the executives and directors of Adobe actually did with their own shares, decoded from their SEC Form 4 filings. Each figure says the stretch of time it covers.
−$49M
net open-market flow, 12 m
1 open-market buy, 12 m
0%
of sale value on 10b5-1 plans, 12 m
89 days since an insider bought, whole record
The tape: three years of insider trades
Open-market buy
Discretionary sale
Planned sale (10b5-1)
Reported-price path
Routine
Every marker sits at the price reported on the Form 4. The line is the monthly median of all prices insiders reported, so the chart needs no market feed; the grey strip is the routine flow (grants, vestings, tax withholding and gifts) that a headline gets wrong by counting it as selling.
The 222 routine events on the chart, as a list
| Date | Insider | Shares |
|---|---|---|
| Sep 15, 2026 | Pentland Adele Louise | 2,915 |
| Sep 15, 2026 | Forusz Jillian | 4,613 |
| Sep 15, 2026 | Day Steven | 2,603 |
| Aug 15, 2026 | Day Steven | 86 |
| Jul 15, 2026 | NARAYEN SHANTANU | 12K |
| Jul 15, 2026 | Wadhwani David | 4,522 |
| Jul 15, 2026 | Chakravarthy Anil | 4,522 |
| Jul 15, 2026 | Pentland Adele Louise | 1,956 |
| Jul 15, 2026 | Chen Gloria | 4,852 |
| Jul 15, 2026 | Balazs Lara | 3,795 |
| Jul 15, 2026 | Forusz Jillian | 968 |
| Jul 15, 2026 | Day Steven | 1,030 |
| Jun 15, 2026 | Pentland Adele Louise | 11K |
| Jun 15, 2026 | Forusz Jillian | 619 |
| Jun 15, 2026 | Day Steven | 816 |
| Apr 15, 2026 | NARAYEN SHANTANU | 12K |
| Apr 15, 2026 | ROSENSWEIG DANIEL | 900 |
| Apr 15, 2026 | CALDERONI FRANK | 900 |
| Apr 15, 2026 | Wadhwani David | 4,518 |
| Apr 15, 2026 | Ricks David A | 900 |
| Apr 15, 2026 | Neumann Spencer Adam | 900 |
| Apr 15, 2026 | Desmond Laura | 900 |
| Apr 15, 2026 | Banse Amy | 900 |
| Apr 15, 2026 | AMON CRISTIANO R | 900 |
| Apr 15, 2026 | Chakravarthy Anil | 4,518 |
| Apr 15, 2026 | Durn Daniel | 6,942 |
| Apr 15, 2026 | Pentland Adele Louise | 1,752 |
| Apr 15, 2026 | Oberg Kathleen K. | 900 |
| Apr 15, 2026 | Pandey Dheeraj | 900 |
| Apr 15, 2026 | Chen Gloria | 4,849 |
| Apr 15, 2026 | Boulden Melanie | 900 |
| Apr 15, 2026 | Balazs Lara | 3,794 |
| Apr 15, 2026 | Forusz Jillian | 925 |
| Mar 15, 2026 | Forusz Jillian | 618 |
| Jan 24, 2026 | NARAYEN SHANTANU | 104K |
| Jan 24, 2026 | Wadhwani David | 36K |
| Jan 24, 2026 | Chakravarthy Anil | 36K |
| Jan 24, 2026 | Durn Daniel | 24K |
| Jan 24, 2026 | Chen Gloria | 16K |
| Jan 24, 2026 | Forusz Jillian | 776 |
| Jan 15, 2026 | NARAYEN SHANTANU | 8,158 |
| Jan 15, 2026 | Wadhwani David | 2,578 |
| Jan 15, 2026 | Chakravarthy Anil | 2,863 |
| Jan 15, 2026 | Durn Daniel | 4,342 |
| Jan 15, 2026 | Chen Gloria | 2,639 |
| Jan 15, 2026 | Balazs Lara | 6,895 |
| Jan 15, 2026 | Forusz Jillian | 164 |
| Dec 24, 2025 | Forusz Jillian | 550 |
| Dec 15, 2025 | Forusz Jillian | 689 |
| Oct 24, 2025 | NARAYEN SHANTANU | 1,875 |
| Oct 24, 2025 | Wadhwani David | 906 |
| Oct 24, 2025 | Chakravarthy Anil | 906 |
| Oct 24, 2025 | Durn Daniel | 923 |
| Oct 24, 2025 | Chen Gloria | 634 |
| Oct 24, 2025 | Forusz Jillian | 44 |
| Oct 15, 2025 | NARAYEN SHANTANU | 8,138 |
| Oct 15, 2025 | Wadhwani David | 2,828 |
| Oct 15, 2025 | Chakravarthy Anil | 2,828 |
| Oct 15, 2025 | Durn Daniel | 4,313 |
| Oct 15, 2025 | Chen Gloria | 2,893 |
Where the shares went, last 12 months
Every Form 4 movement decomposed: what flowed in (grants, vested equity, purchases) and what flowed out (tax withholding, plan sales, discretionary sales, gifts). Counted in shares, because grants carry no price.
The chart, in numbers
| Flow | Shares |
|---|---|
| From holdings | 60K |
| Vested / exercised | 257K |
| Bought on market | 10K |
| Other in | 9 |
| Withheld for tax | 121K |
| Discretionary sales | 204K |
| Gifts | 550 |
Who holds what
the 14 largest holdings of 23| Insider | Role | Shares held | Buys 12 m | Sales 12 m | 12 m | Last trade |
|---|---|---|---|---|---|---|
| NARAYEN SHANTANU President and CEO Last trade Sep 17, 2026 | CEO | 705K | – | $50M | net selling over the year: 0 months buying, 2 months selling | Sep 17, 2026 |
| Chakravarthy Anil President, CXO Last trade Apr 22, 2024 | Officer | 61K | – | – | Apr 22, 2024 | |
| Chen Gloria EVP, Chief People Officer Last trade Dec 23, 2021 | Officer | 50K | – | – | Dec 23, 2021 | |
| Durn Daniel EVP & CFO Last trade Apr 20, 2026 | CFO | 43K | – | $817K | net selling over the year: 0 months buying, 2 months selling | Apr 20, 2026 |
| Wadhwani David President, C&P Last trade Jan 3, 2024 | Officer | 42K | – | – | Jan 3, 2024 | |
| Banse Amy Last trade Dec 6, 2024 | Director | 35K | – | – | Dec 6, 2024 | |
| Desmond Laura Last trade Jan 7, 2022 | Director | 33K | – | – | Jan 7, 2022 | |
| Ricks David A Last trade Jun 25, 2026 | Director | 23K | $1.9M | – | net buying over the year: 1 month buying, 0 months selling | Jun 25, 2026 |
| ROSENSWEIG DANIEL Last trade Jun 28, 2017 | Director | 20K | – | – | Jun 28, 2017 | |
| Rao Dana EVP, Gen. Counsel & Secretary Last trade Jun 17, 2024 | Officer | 19K | – | – | Jun 17, 2024 | |
| Belsky Scott Chief Strategy Officer & EVP Last trade Jan 27, 2025 | Officer | 18K | – | – | Jan 27, 2025 | |
| Pentland Adele Louise Chief Legal Officer & EVP | Officer | 8,008 | – | – | – | |
| Pandey Dheeraj | Director | 5,920 | – | – | – | |
| Day Steven Interim CFO and SVP | CFO | 5,662 | – | – | – |
Open-market trade log
the 60 most recent of 1,302| Date | Insider | Type | Shares | Price | Value | Since trade | Filed |
|---|---|---|---|---|---|---|---|
| Sep 17, 2026 | NARAYEN SHANTANU (CEO) 638 shares $251.76 −0.3% since trade filed Sep 18, 2026 | Discretionary sale | 638 | $251.76 | $161K | −0.3% | Sep 18, 2026 |
| Sep 17, 2026 | NARAYEN SHANTANU (CEO) 1,378 shares $246.09 +2.0% since trade filed Sep 18, 2026 | Discretionary sale | 1,378 | $246.09 | $339K | +2.0% | Sep 18, 2026 |
| Sep 17, 2026 | NARAYEN SHANTANU (CEO) 3,430 shares $247.36 +1.5% since trade filed Sep 18, 2026 | Discretionary sale | 3,430 | $247.36 | $848K | +1.5% | Sep 18, 2026 |
| Sep 17, 2026 | NARAYEN SHANTANU (CEO) 7,168 shares $248.14 +1.2% since trade filed Sep 18, 2026 | Discretionary sale | 7,168 | $248.14 | $1.8M | +1.2% | Sep 18, 2026 |
| Sep 17, 2026 | NARAYEN SHANTANU (CEO) 9,978 shares $251.02 +0.0% since trade filed Sep 18, 2026 | Discretionary sale | 9,978 | $251.02 | $2.5M | +0.0% | Sep 18, 2026 |
| Sep 17, 2026 | NARAYEN SHANTANU (CEO) 10K shares $249.17 +0.7% since trade filed Sep 18, 2026 | Discretionary sale | 10K | $249.17 | $2.6M | +0.7% | Sep 18, 2026 |
| Sep 17, 2026 | NARAYEN SHANTANU (CEO) 18K shares $250.19 +0.3% since trade filed Sep 18, 2026 | Discretionary sale | 18K | $250.19 | $4.4M | +0.3% | Sep 18, 2026 |
| Sep 16, 2026 | NARAYEN SHANTANU (CEO) 930 shares $253.64 −1.0% since trade filed Sep 18, 2026 | Discretionary sale | 930 | $253.64 | $236K | −1.0% | Sep 18, 2026 |
| Sep 16, 2026 | NARAYEN SHANTANU (CEO) 8,358 shares $250.22 +0.3% since trade filed Sep 18, 2026 | Discretionary sale | 8,358 | $250.22 | $2.1M | +0.3% | Sep 18, 2026 |
| Sep 16, 2026 | NARAYEN SHANTANU (CEO) 11K shares $253.06 −0.8% since trade filed Sep 18, 2026 | Discretionary sale | 11K | $253.06 | $2.9M | −0.8% | Sep 18, 2026 |
| Sep 16, 2026 | NARAYEN SHANTANU (CEO) 21K shares $252.03 −0.4% since trade filed Sep 18, 2026 | Discretionary sale | 21K | $252.03 | $5.2M | −0.4% | Sep 18, 2026 |
| Sep 16, 2026 | NARAYEN SHANTANU (CEO) 33K shares $251.03 −0.0% since trade filed Sep 18, 2026 | Discretionary sale | 33K | $251.03 | $8.3M | −0.0% | Sep 18, 2026 |
| Jul 29, 2026 | Forusz Jillian (Officer) 416 shares $264.33 −5.0% since trade filed Jul 31, 2026 | Discretionary sale | 416 | $264.33 | $110K | −5.0% | Jul 31, 2026 |
| Jun 25, 2026 | Ricks David A (Director) 10K shares $194.51 +29.1% since trade filed Jun 26, 2026 | Open-market buy | 10K | $194.51 | $1.9M | +29.1% | Jun 26, 2026 |
| Apr 30, 2026 | Forusz Jillian (Officer) 755 shares $246.25 +1.9% since trade filed May 1, 2026 | Discretionary sale | 755 | $246.25 | $186K | +1.9% | May 1, 2026 |
| Apr 28, 2026 | NARAYEN SHANTANU (CEO) 10K shares $244.78 +2.6% since trade filed Apr 30, 2026 | Discretionary sale | 10K | $244.78 | $2.5M | +2.6% | Apr 30, 2026 |
| Apr 28, 2026 | NARAYEN SHANTANU (CEO) 13K shares $243.89 +2.9% since trade filed Apr 30, 2026 | Discretionary sale | 13K | $243.89 | $3.2M | +2.9% | Apr 30, 2026 |
| Apr 28, 2026 | NARAYEN SHANTANU (CEO) 51K shares $243.19 +3.2% since trade filed Apr 30, 2026 | Discretionary sale | 51K | $243.19 | $13M | +3.2% | Apr 30, 2026 |
| Apr 20, 2026 | Durn Daniel (CFO) 1,336 shares $248.02 +1.2% since trade filed Apr 22, 2026 | Discretionary sale | 1,336 | $248.02 | $331K | +1.2% | Apr 22, 2026 |
| Jan 27, 2026 | Durn Daniel (CFO) 1,646 shares $294.85 −14.9% since trade filed Jan 27, 2026 | Discretionary sale | 1,646 | $294.85 | $485K | −14.9% | Jan 27, 2026 |
| Oct 31, 2025 | Forusz Jillian (Officer) 149 shares $337.88 −25.7% since trade filed Nov 4, 2025 | Discretionary sale | 149 | $337.88 | $50K | −25.7% | Nov 4, 2025 |
| May 2, 2025 | Forusz Jillian (Officer) 462 shares $380.58 −34.0% since trade filed May 6, 2025 | Discretionary sale | 462 | $380.58 | $176K | −34.0% | May 6, 2025 |
| Mar 20, 2025 | Durn Daniel (CFO) 310 shares $391.35 −35.9% since trade filed Mar 21, 2025 | Open-market buy | 310 | $391.35 | $121K | −35.9% | Mar 21, 2025 |
| Mar 20, 2025 | Durn Daniel (CFO) 990 shares $390.34 −35.7% since trade filed Mar 21, 2025 | Open-market buy | 990 | $390.34 | $386K | −35.7% | Mar 21, 2025 |
| Jan 28, 2025 | Ricks David A (Director) 2,250 shares $443.98 −43.5% since trade filed Jan 30, 2025 | Open-market buy | 2,250 | $443.98 | $999K | −43.5% | Jan 30, 2025 |
| Jan 28, 2025 | Forusz Jillian (Officer) 334 shares $435.83 −42.4% since trade filed Jan 28, 2025 | Discretionary sale | 334 | $435.83 | $146K | −42.4% | Jan 28, 2025 |
| Jan 27, 2025 | Belsky Scott (Officer) 3,819 shares $430.24 −41.7% since trade filed Jan 28, 2025 | Planned sale (10b5-1) | 3,819 | $430.24 | $1.6M | −41.7% | Jan 28, 2025 |
| Jan 24, 2025 | Belsky Scott (Officer) 922 shares $437.28 −42.6% since trade filed Jan 28, 2025 | Planned sale (10b5-1) | 922 | $437.28 | $403K | −42.6% | Jan 28, 2025 |
| Dec 6, 2024 | Banse Amy (Director) 606 shares $550.00 −54.4% since trade filed Dec 10, 2024 | Planned sale (10b5-1) | 606 | $550.00 | $333K | −54.4% | Dec 10, 2024 |
| Oct 29, 2024 | Forusz Jillian (Officer) 676 shares $484.97 −48.2% since trade filed Oct 31, 2024 | Discretionary sale | 676 | $484.97 | $328K | −48.2% | Oct 31, 2024 |
| Oct 25, 2024 | Belsky Scott (Officer) 481 shares $483.42 −48.1% since trade filed Oct 28, 2024 | Planned sale (10b5-1) | 481 | $483.42 | $233K | −48.1% | Oct 28, 2024 |
| Oct 16, 2024 | Belsky Scott (Officer) 703 shares $506.39 −50.4% since trade filed Oct 17, 2024 | Planned sale (10b5-1) | 703 | $506.39 | $356K | −50.4% | Oct 17, 2024 |
| Oct 15, 2024 | Belsky Scott (Officer) 1,530 shares $513.82 −51.2% since trade filed Oct 17, 2024 | Planned sale (10b5-1) | 1,530 | $513.82 | $786K | −51.2% | Oct 17, 2024 |
| Sep 25, 2024 | NARAYEN SHANTANU (CEO) 350 shares $525.70 −52.3% since trade filed Sep 26, 2024 | Discretionary sale | 350 | $525.70 | $184K | −52.3% | Sep 26, 2024 |
| Sep 25, 2024 | NARAYEN SHANTANU (CEO) 1,752 shares $524.86 −52.2% since trade filed Sep 26, 2024 | Discretionary sale | 1,752 | $524.86 | $920K | −52.2% | Sep 26, 2024 |
| Sep 25, 2024 | NARAYEN SHANTANU (CEO) 2,635 shares $523.33 −52.0% since trade filed Sep 26, 2024 | Discretionary sale | 2,635 | $523.33 | $1.4M | −52.0% | Sep 26, 2024 |
| Sep 25, 2024 | NARAYEN SHANTANU (CEO) 4,009 shares $521.43 −51.9% since trade filed Sep 26, 2024 | Discretionary sale | 4,009 | $521.43 | $2.1M | −51.9% | Sep 26, 2024 |
| Sep 25, 2024 | NARAYEN SHANTANU (CEO) 4,199 shares $522.71 −52.0% since trade filed Sep 26, 2024 | Discretionary sale | 4,199 | $522.71 | $2.2M | −52.0% | Sep 26, 2024 |
| Sep 25, 2024 | NARAYEN SHANTANU (CEO) 12K shares $520.25 −51.8% since trade filed Sep 26, 2024 | Discretionary sale | 12K | $520.25 | $6.3M | −51.8% | Sep 26, 2024 |
| Sep 17, 2024 | Durn Daniel (CFO) 2,000 shares $515.90 −51.3% since trade filed Sep 19, 2024 | Discretionary sale | 2,000 | $515.90 | $1.0M | −51.3% | Sep 19, 2024 |
| Sep 17, 2024 | Durn Daniel (CFO) 4,500 shares $515.23 −51.3% since trade filed Sep 19, 2024 | Discretionary sale | 4,500 | $515.23 | $2.3M | −51.3% | Sep 19, 2024 |
| Jul 25, 2024 | Garfield Mark S. (Officer) 97 shares $537.00 −53.3% since trade filed Jul 26, 2024 | Planned sale (10b5-1) | 97 | $537.00 | $52K | −53.3% | Jul 26, 2024 |
| Jul 25, 2024 | Belsky Scott (Officer) 481 shares $537.00 −53.3% since trade filed Jul 26, 2024 | Planned sale (10b5-1) | 481 | $537.00 | $258K | −53.3% | Jul 26, 2024 |
| Jul 16, 2024 | Garfield Mark S. (Officer) 151 shares $564.60 −55.5% since trade filed Jul 17, 2024 | Planned sale (10b5-1) | 151 | $564.60 | $85K | −55.5% | Jul 17, 2024 |
| Jul 16, 2024 | Belsky Scott (Officer) 701 shares $564.60 −55.5% since trade filed Jul 17, 2024 | Planned sale (10b5-1) | 701 | $564.60 | $396K | −55.5% | Jul 17, 2024 |
| Jul 15, 2024 | Belsky Scott (Officer) 1,530 shares $560.23 −55.2% since trade filed Jul 17, 2024 | Planned sale (10b5-1) | 1,530 | $560.23 | $857K | −55.2% | Jul 17, 2024 |
| Jun 27, 2024 | NARAYEN SHANTANU (CEO) 2,363 shares $545.20 −54.0% since trade filed Jun 28, 2024 | Discretionary sale | 2,363 | $545.20 | $1.3M | −54.0% | Jun 28, 2024 |
| Jun 27, 2024 | NARAYEN SHANTANU (CEO) 2,612 shares $545.82 −54.0% since trade filed Jun 28, 2024 | Discretionary sale | 2,612 | $545.82 | $1.4M | −54.0% | Jun 28, 2024 |
| Jun 27, 2024 | NARAYEN SHANTANU (CEO) 6,154 shares $543.04 −53.8% since trade filed Jun 28, 2024 | Discretionary sale | 6,154 | $543.04 | $3.3M | −53.8% | Jun 28, 2024 |
| Jun 27, 2024 | NARAYEN SHANTANU (CEO) 14K shares $544.07 −53.9% since trade filed Jun 28, 2024 | Discretionary sale | 14K | $544.07 | $7.5M | −53.9% | Jun 28, 2024 |
| Jun 17, 2024 | Garfield Mark S. (Officer) 264 shares $525.51 −52.2% since trade filed Jun 18, 2024 | Planned sale (10b5-1) | 264 | $525.51 | $139K | −52.2% | Jun 18, 2024 |
| Jun 17, 2024 | Rao Dana (Officer) 6,765 shares $525.51 −52.2% since trade filed Jun 20, 2024 | Discretionary sale | 6,765 | $525.51 | $3.6M | −52.2% | Jun 20, 2024 |
| Jun 3, 2024 | Garfield Mark S. (Officer) 1 shares $448.84 −44.1% since trade filed Jun 4, 2024 | Planned sale (10b5-1) | 1 | $448.84 | $229 | −44.1% | Jun 4, 2024 |
| Jun 3, 2024 | Garfield Mark S. (Officer) 593 shares $447.58 −43.9% since trade filed Jun 4, 2024 | Planned sale (10b5-1) | 593 | $447.58 | $265K | −43.9% | Jun 4, 2024 |
| May 6, 2024 | Garfield Mark S. (Officer) 795 shares $490.10 −48.8% since trade filed May 8, 2024 | Planned sale (10b5-1) | 795 | $490.10 | $390K | −48.8% | May 8, 2024 |
| May 2, 2024 | Belsky Scott (Officer) 2,713 shares $474.30 −47.1% since trade filed May 3, 2024 | Planned sale (10b5-1) | 2,713 | $474.30 | $1.3M | −47.1% | May 3, 2024 |
| Apr 25, 2024 | Garfield Mark S. (Officer) 97 shares $468.41 −46.4% since trade filed Apr 25, 2024 | Planned sale (10b5-1) | 97 | $468.41 | $45K | −46.4% | Apr 25, 2024 |
| Apr 22, 2024 | Chakravarthy Anil (Officer) 100 shares $471.00 −46.7% since trade filed Apr 23, 2024 | Planned sale (10b5-1) | 100 | $471.00 | $47K | −46.7% | Apr 23, 2024 |
| Apr 16, 2024 | Garfield Mark S. (Officer) 96 shares $470.00 −46.6% since trade filed Apr 17, 2024 | Planned sale (10b5-1) | 96 | $470.00 | $45K | −46.6% | Apr 17, 2024 |
| Mar 18, 2024 | Garfield Mark S. (Officer) 263 shares $496.68 −49.5% since trade filed Mar 19, 2024 | Planned sale (10b5-1) | 263 | $496.68 | $131K | −49.5% | Mar 19, 2024 |
“Since trade” compares with the latest insider-implied price, not a market quote: these pages are built from filings alone. A role here is the one on that day's Form 4, so somebody promoted since appears under both titles.
Filing hygiene
264 Forms 4, 3 years
0 filed late
5 amendments
1.8 avg. days to file
How to read this
A Form 4 transaction code decides everything. P is an open-market purchase and S an open-market sale; those two are the only codes where an insider chose to trade. A is a grant, M an option exercise or vesting, F shares withheld to cover tax, G a gift. Most “insiders dumped billions” headlines are code F and M mechanics.
Sales flagged 10b5-1 run on a plan the insider adopted in advance; since 2023 every Form 4 carries that flag. Buys have historically predicted returns, sales mostly have not, and this page states filings, not advice.