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sellNotable

Shantanu Narayen sold $31M of ADBE

Chair and CEO at ADOBE INC.. 125,000 shares at an average of $250.76, traded Sep 16, 2026, filed Sep 18, 2026.

Warning score
60
Value
$31M
125,000 shares
Holdings after
238,724
-34% from before
From 52-week low
+30%
low $193.41, close $250.50
From 52-week high
-32%
high $367.46, as of Sep 16, 2026

Score components

  • Role
    CEO
    +25
  • Trade size
    $31.3M at market
    +25
  • Share of holdings sold
    Sold 34% of holdings
    +10
  • Cluster
    No other insider selling within 14 days
    0

What happened after comparable sells

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

ADBEOct 9, 2026 · close 242.27
Since filing Sep 18, 2026: -2.7%SPY +2.2% · excess -4.9%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0001224154-26-000003, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Sep 16, 2026SOpen-market sale
Common Stockindirect: by trust
-8,358$250.22$2.1M355,36624 d ago
Sep 16, 2026SOpen-market sale
Common Stockindirect: by trust
-33,001$251.03$8.3M322,36524 d ago
Sep 16, 2026SOpen-market sale
Common Stockindirect: by trust
-20,716$252.03$5.2M301,64924 d ago
Sep 16, 2026SOpen-market sale
Common Stockindirect: by trust
-11,495$253.06$2.9M290,15424 d ago
Sep 16, 2026SOpen-market sale
Common Stockindirect: by trust
-930$253.64$236k289,22424 d ago
Sep 17, 2026SOpen-market sale
Common Stockindirect: by trust
-1,378$246.09$339k287,84624 d ago
Sep 17, 2026SOpen-market sale
Common Stockindirect: by trust
-3,430$247.36$848k284,41624 d ago
Sep 17, 2026SOpen-market sale
Common Stockindirect: by trust
-7,168$248.14$1.8M277,24824 d ago
Sep 17, 2026SOpen-market sale
Common Stockindirect: by trust
-10,313$249.17$2.6M266,93524 d ago
Sep 17, 2026SOpen-market sale
Common Stockindirect: by trust
-17,595$250.19$4.4M249,34024 d ago
Sep 17, 2026SOpen-market sale
Common Stockindirect: by trust
-9,978$251.02$2.5M239,36224 d ago
Sep 17, 2026SOpen-market sale
Common Stockindirect: by trust
-638$251.76$161k238,72424 d ago

Related signals

Other insiders at ADOBE INC. and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
25Weak
ADBEsell
ADOBE INC.
Daniel Durn
EVP & CFO
$485k
1,646 shares
-4%
22Weak
ADBEsell
ADOBE INC.
Jillian Forusz
SVP & CAO
$50k
149 shares
-4%
32Weak
ADBEsell
ADOBE INC.
Jillian Forusz
SVP & CAO
$176k
462 shares
-14%
58Moderate
ADBEbuy
ADOBE INC.
Daniel Durn
EVP & CFO
$508k
1,300 shares
+5%
64Notable
ADBEbuy
ADOBE INC.
David A Ricks
director
$999k
2,250 shares
+82%
24Weak
ADBEsell 2
ADOBE INC.
Jillian Forusz
SVP & CAO
$146k
334 shares
-11%
18Weak
ADBEsell 210b5-1
ADOBE INC.
Scott Belsky
Chief Strategy Officer & EVP
$2.0M
4,741 shares
-21%
10Weak
ADBEsell10b5-1
ADOBE INC.
Amy Banse
director
$333k
606 shares
-2%
43Moderate
ADBEsell 2
ADOBE INC.
Jillian Forusz
SVP & CAO
$328k
676 shares
-20%
1Weak
ADBEsell 210b5-1
ADOBE INC.
Scott Belsky
Chief Strategy Officer & EVP
$233k
481 shares
-3%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

Shantanu Narayen sold $31M of ADBE | InsiderTell