Summary by Futu AI
David Wadhwani, President of Digital Media at Adobe, executed a series of stock transactions on 12/14/2024. He exercised options to acquire 1,933 shares of Common Stock at $0 per share, resulting in a total acquisition of 16,159 shares.Subsequently, Wadhwani disposed of 958 shares at $465.69 each, generating a total value of $446,131.02. This transaction was coded as a payment of exercise price or tax liability by delivering or withholding securities. Following these transactions, Wadhwani's direct ownership stands at 15,201 shares.In addition to his direct holdings, Wadhwani indirectly owns 355 shares of Adobe Common Stock through a trust. The reported transactions have been completed, reflecting changes in the executive's stock ownership position.