Summary by Futu AI
On June 17, 2024, Adobe Inc. (ADBE) reported that Mark S. Garfield, the company's Senior Vice President and Chief Accounting Officer (SVP & CAO), completed a series of transactions involving Adobe's common stock. Garfield executed a total of 521 shares through the exercise of derivative securities at no cost on June 14, 2024. On the same day, he disposed of 257 shares to cover exercise prices or tax liabilities at an average price of $525.31 per share. Subsequently, on June 17, Garfield sold an additional 264 shares on the open market at a price of $525.51 per share. After these transactions, Garfield's direct holdings in Adobe common stock amounted to 2,739.7104 shares. The total market value of the disposed shares was approximately $273,739.31.