Summary by Futu AI
Adobe Inc.'s EVP & CFO, Daniel Durn, completed a series of transactions involving the company's common stock on October 15, 2024. Durn acquired a total of 1,781 shares at no cost, which is typically indicative of the exercise or conversion of derivative securities. On the same day, he disposed of 932 shares at a price of $508.03 each, resulting in a total market value of $473,483.96 for the disposed shares. Following these transactions, Durn's direct holdings in Adobe common stock amounted to 21,687.098 shares. The transactions were executed in a manner consistent with the payment of exercise price or tax liability by delivering or withholding securities.