Early Access — free while we kick the tires
EdgarHawk

NARAYEN SHANTANU

Chair and CEO

Director Officer

Latest: Chair and CEO selling · April 2026

3 filings analyzed · 1 company · Latest 2026-04-30

Companies

Company Buys Sells Direction
ADOBE INC. ADBE 0 13 Net selling

Activity

April 2026
2026-04-30 ADOBE INC. ADBE
high
Sell
75,000 shares
$18,265,234
Significance 7/10

Adobe CEO Shantanu Narayen sold 75,000 shares for $18,265,234.26 across three transactions on 2026-04-28.

Shantanu Narayen, Chair and CEO of Adobe, executed three separate sales totaling 75,000 shares (75.0K shares) for $18,265,234.26 at an average price of $243.54 per share on 2026-04-28, reducing his holdings by 17.3% from 434,538 to 359,538 shares. The current stock price of $246.10 is 41.5% below the 52-week high of $420.68, and the stock has declined 16.1% over the past 90 days despite a modest 1.2% gain over 30 days. Narayen's prior five trades at Adobe (all sells on 2024-09-25) exhibited a 100% well-timed pattern with negative 90-day returns ranging from -13.9% to -14.8%, suggesting a consistent ability to sell before downturns at this specific ticker. His broader cross-ticker track record shows 20 prior sells with a 70% well-timed rate at the 90-day mark, indicating a pattern of selling before declines, though his cross-ticker average 90-day return after sells is -4.6%, substantially better than his ADBE-specific timing outcomes.

September 2024
2024-09-26 ADOBE INC. ADBE
high
Sell
25,000 shares
$13,039,414
Significance 7/10

CEO Shantanu Narayen sells 25,000 ADBE shares for $13.0M at blended $521.58 amid 9.2% 30-day decline.

Shantanu Narayen, Chair and CEO of Adobe, executed 6 separate sales totaling 25,000 shares for $13,039,414.29 on 2024-09-25, reducing his holdings by 6.5% to 357,700 shares. The transaction occurred at a blended average price of $521.58, near the high end of Adobe's recent range ($515.38 current, down 9.2% over 30 days and 18.8% from the 52-week high). Narayen's prior 5 sales at Adobe all generated negative 90-day returns, with a 100% well-timed rate at this ticker—suggesting consistency in his exit timing. Cross-ticker, his 14 prior sells averaged -0.4% 90-day return with a 57.14% well-timed rate, indicating mixed but slightly above-average execution. The sale occurs as ADBE trades at a elevated P/E of 42.31 and faces recent near-term headwinds (30-day and 90-day declines), though the company reports solid fundamentals (revenue $5.4B, net income $1.7B, 10.2% annual growth).

June 2024
2024-06-28 ADOBE INC. ADBE
medium
Sell
25,000 shares
$13,602,670
Significance 6/10

Adobe CEO Shantanu Narayen sold 25,000 shares for $13.6M in 4 transactions on 2024-06-27; holds 379,660 post-sale

Shantanu Narayen, Chair and CEO of Adobe, executed 4 separate sales totaling 25,000 shares (25.0K shares) for $13,602,669.51 ($13.6M) at prices ranging from $543.04 to $545.82, with a blended average of $544.11. The current stock price of $555.54 is 12.5% below the 52-week high ($634.76) but has appreciated 16.3% over the past 30 days and 10.1% over 90 days. Narayen's cross-ticker track record shows 10 prior sells with a 90-day well-timed rate of 40.00%, while his prior sales at Adobe (5 trades, 4 of which occurred on the same date in December 2023) exhibited mixed timing outcomes: 4 trades showed negative 90-day returns, but 1 trade from June 2023 delivered +11.7% over 90 days. The sale reduces his holdings by 6.2% to 379,660 shares, representing a routine portfolio adjustment by a substantial shareholder in a company with strong fundamentals (P/E: 48.52, FY revenue growth +10.2%, net income $1.6B).

Related insiders

Create a free account

Build watchlists, get email alerts on the tickers you follow, and read the full AI analysis on every insider filing.

Sign up — free during early access