Adobe President Anil Chakravarthy Sells 1,498 Company Shares

Anil Chakravarthy, the President and CXO of Adobe Inc., surrendered 1,498 shares of the company on July 15, 2026, to cover tax liabilities. The transaction, detailed in an SEC Form 4 filing, occurred at a weighted average price of $224.56 per share, totaling approximately $336,391.

The disposition was non-discretionary and resulted from the vesting of restricted stock units. Following the sale, Chakravarthy continues to hold 61,892 shares directly, which were valued at approximately $14.6 million based on the market close price of $235.31 on July 16, 2026. He also maintains 15,826 derivative securities with vesting dates extending through January 2030.