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Adobe President Wadhwani Sells 1,498 Shares for Tax Withholding
The Motley Fool·
Adobe President David Wadhwani sold 1,498 shares worth approximately $336,400 on July 15, 2026, to cover tax liabilities from restricted stock unit vesting. Despite the sale, Wadhwani retained substantial equity holdings of 43,216 shares and 15,826 derivative securities, signaling confidence in Adobe's business amid industry concerns about AI disruption. Adobe's 11% revenue growth in H1 FY2026 and attractive P/E ratio of 13 suggest the company remains resilient despite software sector headwinds.
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