Adobe’s Scott Belsky $2 Million Worth of Shares

Adobe Executive Vice President and Chief Strategy Officer Scott Belsky recently sold shares for about $2.05 million. The shares were sold for between $430.24 and $437.28 during the transactions, which took place on January 24, and 27, 2025.

Adobe is still trading below its Fair Value at $442.84, indicating a little rebound from these transaction levels. Belsky additionally made a number of transactions using the exercise of restricted stock units to purchase common shares in addition to these sales. Since these acquisitions were a part of compensation schemes, no direct costs were associated with them.

Additionally, for $435.38 per share, Belsky gave up shares to pay taxes owed on restricted stock unit vesting, totaling around $2.05 million. These transactions were carried out in accordance with a Rule 10b5-1 trading plan, which permits insiders to organize a trading strategy for the sale of stocks they hold, usually in to evade charges of insider trading and legal battles.

In other developments, analysts have made several changes to Adobe after the release of its results. The business recorded $5.61 billion in total sales, an increase of 10.91% over the previous 12 months.