Adobe CEO Shantanu Narayen Sells $31.3 Million Stock

Key Points The transactions involved ~125,000 shares executed at a weighted-average price of $250.76 per share, totaling approximately $31.3 million as of Sept. 17, 2026. The disposition represented a transaction size equal to 34% of the equity stake held before the filing. The shares were sold indirectly through The Narayen Family Trust, with the insider retaining 399 shares directly and ~239,000 shares indirectly following the sale. The reported activity was structured for tax and estate planning purposes, according to the filing footnotes. 10 stocks we like better than Adobe › Shantanu Narayen, Chair and CEO of Adobe Inc. (NASDAQ:ADBE) , sold ~125,000 shares of common stock on Sept. 16, 2026, and Sept.