Shantanu Narayen insider trades: Adobe (ADBE) stock sales
Trades on the price chart
Daily close, with an arrow on each day they bought or sold
Companies
Where Shantanu reports to the SEC
Open-market buys and sales
71 trades reported on SEC Form 4, newest first
| Date | Stock | Type | Shares | Price | Value | Holding | Reported |
|---|---|---|---|---|---|---|---|
| Sep 17, 2026 | ADBE | ↓ Sell | 125,000 | $250.76 | $31.3M | by trust | Sep 18, 2026 (1d) |
| Apr 28, 2026 | ADBE | ↓ Sell | 75,000 | $243.54 | $18.3M | by trust | Apr 30, 2026 (2d) |
| Sep 25, 2024 | ADBE | ↓ Sell | 25,000 | $521.58 | $13.0M | by trust | Sep 26, 2024 (1d) |
| Jun 27, 2024 | ADBE | ↓ Sell | 25,000 | $544.11 | $13.6M | by trust | Jun 28, 2024 (1d) |
| Dec 22, 2023 | ADBE | ↓ Sell | 32,000 | $598.28 | $19.1M | by trust | Dec 26, 2023 (4d) |
| Jun 22, 2023 | ADBE | ↓ Sell | 35,000 | $478.03 | $16.7M | by trust | Jun 22, 2023 (0d) |
| Jan 20, 2023 | ADBE | ↓ Sell | 15,000 | $346.61 | $5.2M | by trust | Jan 23, 2023 (3d) |
| Sep 24, 2021 | ADBE | ↓ Sell | 40,000 | $620.26 | $24.8M | by trust | Sep 27, 2021 (3d) |
| Jan 25, 2021 | ADBE | ↓ Sell | 80,907 | $471.85 | $38.2M | by trust | Jan 26, 2021 (1d) |
| Aug 12, 2020 | ADBE | ↓ Sell | 10,000 | $444.96 | $4.4M | by trust | Aug 14, 2020 (2d) |
| Aug 5, 2020 | ADBE | ↓ Sell | 10,000 | $451.14 | $4.5M | by trust | Aug 6, 2020 (1d) |
| Jul 29, 2020 | ADBE | ↓ Sell | 10,000 | $438.10 | $4.4M | by trust | Jul 31, 2020 (2d) |
| Jul 22, 2020 | ADBE | ↓ Sell | 10,000 | $445.00 | $4.4M | by trust | Jul 23, 2020 (1d) |
| Jul 15, 2020 | ADBE | ↓ Sell | 10,000 | $432.68 | $4.3M | by trust | Jul 16, 2020 (1d) |
| Jan 25, 2019 | ADBE | ↓ Sell10b5-1 | 139,834 | $245.40 | $34.3M | by trust | Jan 28, 2019 (3d) |
| Jan 25, 2018 | ADBE | ↓ Sell10b5-1 | 165,023 | $197.89 | $32.7M | by trust | Jan 26, 2018 (1d) |
| Jan 25, 2017 | ADBE | ↓ Sell | 173,703 | $113.91 | $19.8M | by trust | Jan 26, 2017 (1d) |
| May 2, 2016 | ADBE | ↓ Sell | 22,420 | $94.51 | $2.1M | by trust | May 3, 2016 (1d) |
| Apr 1, 2016 | ADBE | ↓ Sell | 22,422 | $94.85 | $2.1M | by trust | Apr 1, 2016 (0d) |
| Mar 1, 2016 | ADBE | ↓ Sell | 22,422 | $86.33 | $1.9M | by trust | Mar 2, 2016 (1d) |
| Feb 1, 2016 | ADBE | ↓ Sell | 22,422 | $88.80 | $2.0M | by trust | Feb 2, 2016 (1d) |
| Jan 26, 2016 | ADBE | ↓ Sell | 183,853 | $86.83 | $16.0M | by trust | Jan 27, 2016 (1d) |
| Jan 4, 2016 | ADBE | ↓ Sell | 22,422 | $91.24 | $2.0M | by trust | Jan 5, 2016 (1d) |
| Dec 1, 2015 | ADBE | ↓ Sell | 22,422 | $91.89 | $2.1M | by trust | Dec 2, 2015 (1d) |
| Nov 2, 2015 | ADBE | ↓ Sell | 22,422 | $88.85 | $2.0M | by trust | Nov 3, 2015 (1d) |
| Oct 1, 2015 | ADBE | ↓ Sell | 22,422 | $82.12 | $1.8M | by trust | Oct 2, 2015 (1d) |
| Sep 1, 2015 | ADBE | ↓ Sell | 22,422 | $76.60 | $1.7M | by trust | Sep 2, 2015 (1d) |
| Aug 3, 2015 | ADBE | ↓ Sell | 22,422 | $81.95 | $1.8M | by trust | Aug 4, 2015 (1d) |
| Jul 1, 2015 | ADBE | ↓ Sell | 22,422 | $81.46 | $1.8M | by trust | Jul 2, 2015 (1d) |
| Jun 19, 2015 | ADBE | ↓ Sell | 25,360 | $79.24 | $2.0M | by trust | Jun 22, 2015 (3d) |
| May 1, 2015 | ADBE | ↓ Sell | 36,753 | $76.04 | $2.8M | by trust | May 4, 2015 (3d) |
| Apr 1, 2015 | ADBE | ↓ Sell | 36,762 | $73.30 | $2.7M | by trust | Apr 1, 2015 (0d) |
| Mar 2, 2015 | ADBE | ↓ Sell | 36,762 | $79.09 | $2.9M | by trust | Mar 3, 2015 (1d) |
| Feb 2, 2015 | ADBE | ↓ Sell | 36,762 | $69.89 | $2.6M | by trust | Feb 2, 2015 (0d) |
| Jan 26, 2015 | ADBE | ↓ Sell | 100,000 | $72.39 | $7.2M | by trust | Jan 28, 2015 (2d) |
| Jan 2, 2015 | ADBE | ↓ Sell | 36,762 | $73.01 | $2.7M | by trust | Jan 5, 2015 (3d) |
| Dec 1, 2014 | ADBE | ↓ Sell | 36,762 | $73.59 | $2.7M | by trust | Dec 1, 2014 (0d) |
| Nov 3, 2014 | ADBE | ↓ Sell | 36,762 | $70.04 | $2.6M | by trust | Nov 4, 2014 (1d) |
| Oct 1, 2014 | ADBE | ↓ Sell | 36,762 | $68.55 | $2.5M | by trust | Oct 2, 2014 (1d) |
| Sep 2, 2014 | ADBE | ↓ Sell | 36,762 | $72.07 | $2.6M | by trust | Sep 2, 2014 (0d) |
| Aug 1, 2014 | ADBE | ↓ Sell | 36,762 | $68.98 | $2.5M | by trust | Aug 4, 2014 (3d) |
| Jul 1, 2014 | ADBE | ↓ Sell | 39,689 | $72.19 | $2.9M | by trust | Jul 2, 2014 (1d) |
| Jun 19, 2014 | ADBE | ↓ Sell | 439,000 | $72.65 | $31.9M | by trust | Jun 20, 2014 (1d) |
| May 1, 2014 | ADBE | ↓ Sell | 50,000 | $61.84 | $3.1M | by trust | May 1, 2014 (0d) |
| Apr 1, 2014 | ADBE | ↓ Sell | 50,000 | $66.00 | $3.3M | by trust | Apr 2, 2014 (1d) |
| Mar 3, 2014 | ADBE | ↓ Sell | 50,000 | $67.71 | $3.4M | by trust | Mar 5, 2014 (2d) |
| Feb 3, 2014 | ADBE | ↓ Sell | 50,000 | $58.75 | $2.9M | by trust | Feb 4, 2014 (1d) |
| Jan 27, 2014 | ADBE | ↓ Sell | 100,000 | $58.43 | $5.8M | by trust | Jan 28, 2014 (1d) |
| Jan 2, 2014 | ADBE | ↓ Sell | 50,000 | $59.13 | $3.0M | by trust | Jan 3, 2014 (1d) |
| Dec 2, 2013 | ADBE | ↓ Sell | 50,000 | $56.81 | $2.8M | by trust | Dec 3, 2013 (1d) |
Each row is one filing's trades in one stock, summed. Shares and prices are as filed, before any later stock split.
Other ADBE insiders
Open-market trades in the last 12 months
About Shantanu Narayen's insider trades
Shantanu Narayen is Chair and CEO at Adobe (ADBE). Since Oct 27, 2005, Shantanu has reported no open-market purchases and 71 sales worth $540.3M on SEC Form 4. In the last 12 months: 2 sales ($49.6M).
3 sales (14% of the value sold) were made under a Rule 10b5-1 trading plan, which is set up months in advance and runs on a schedule, so they say little about how the insider sees the stock today.
Their filings also include option exercises (98 filings), grants and awards (93 filings), shares withheld for taxes (52 filings), shares returned to the company (2 filings). These aren't open-market trades and aren't counted above.
How to read insider trades
Officers, directors and owners of more than 10% of a company must report trades in its stock on SEC Form 4, usually within two business days. Purchases with their own money are the stronger signal: insiders sell for many reasons (taxes, diversification, a house), but buy for one. See every ADBE insider trade, the latest insider trades across the market, or cluster buys, when several insiders buy the same stock within days.



