Summary by Futu AI
Adobe Inc has announced that the Narayen Family Trust, related to an officer of the company, is set to sell 25,000 common shares of Adobe stock. The sale, with an aggregate market value of approximately $13,601,000, is scheduled for 06/27/2024. The shares to be sold were acquired through Restricted Stock Units (RSUs) transactions by the trust from the issuer on various dates, with the most recent acquisition being 1,292 shares on 04/24/2024. Prior to this announcement, there has been no reportable securities sale activity by the trust in the past three months.