Summary by Futu AI
On September 15, 2024, Jillian Forusz, SVP & CAO of Adobe Inc. [ADBE], completed a series of stock transactions involving the company's common stock. Forusz acquired a total of 556 shares at no cost, which is typically indicative of the exercise or conversion of derivative securities. On the same day, Forusz disposed of 275 shares at a price of $536.87 each, resulting in a total market value of $147,639.25. This disposal is often associated with the payment of exercise price or tax liability by delivering or withholding securities. Following these transactions, Forusz's direct holdings in Adobe common stock amounted to 3,310.764 shares.