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Adobe President David Wadhwani Sells 1,498 Shares to Cover Tax Withholding
Adobe Inc. President David Wadhwani sold 1,498 shares of the company's common stock on July 15, 2026. The transaction, disclosed in a SEC Form 4 filing, generated proceeds of $336,391 at a weighted‑average price of $224.56 per share and was executed to cover tax liabilities arising from the vesting of restricted stock units.
After the sale, Wadhwani retained a total of 43,216 Adobe shares – 42,861 held directly and 355 held indirectly through family trusts. He also continues to hold 15,826 derivative securities, including vested and unvested stock options. The indirect holdings are managed through the Wadhwani Family Trust and the Wadhwani 2020 Family GST Trusts. At the time of the filing, Adobe’s market capitalization was about $93.5 billion, with trailing‑twelve‑month revenue of $25.2 billion and net income of $7.2 billion.
Entities
Adobe Firefly · Adobe Inc. · Apple Inc. · David A. Ricks · David Wadhwani · Lombard Odier Asset Management Switzerland SA · Tim Cook · Topaz Labs · Wadhwani 2020 Family GST Trusts · Wadhwani Family Trust
Claims
What the coverage asserts, and how many sources carry each claim.
- [○ 1 SOURCE] After the sale, David Wadhwani holds about 43,216 Adobe shares. www.fool.com
- [○ 1 SOURCE] Verisk Analytics has a market capitalisation of $27.08 billion and a P/E ratio of 31.46.
- [○ 1 SOURCE] Adobe's second‑quarter revenue increased 13 % to $6.62 billion. www.sharedeals.de
- [○ 1 SOURCE] Apple is scheduled to report fiscal third‑quarter earnings on July 30 with an expected EPS of $1.88 on $108.8 billion revenue.
- [○ 1 SOURCE] David Wadhwani sold 1,498 shares of Adobe stock on July 15, 2026 to cover tax liabilities. www.fool.com
- [○ 1 SOURCE] Apple plans price hikes on some devices to offset higher semiconductor costs.
- [○ 1 SOURCE] Lombard Odier Asset Management Switzerland SA bought 5,619 Verisk Analytics shares for about $1.07 million in Q1.
- [○ 1 SOURCE] Adobe raised its full‑year revenue guidance to $26.5‑$26.6 billion. www.sharedeals.de
- [○ 1 SOURCE] Adobe's market capitalization was about $93.5 billion at the time of the filing. www.fool.com
- [○ 1 SOURCE] The share sale was valued at $336,391 with a weighted average price of $224.56 per share. www.fool.com
- [○ 1 SOURCE] David Wadhwani sold 1,498 Adobe shares on July 15, 2026 to cover tax liabilities. www.fool.com
- [○ 1 SOURCE] After the sale, David Wadhwani held a total of 43,216 Adobe shares (direct and indirect). www.fool.com