Abhay Parasnis
Net Worth
Last updated:
What is Abhay Parasnis net worth?
The estimated net worth of Mr. Abhay Parasnis is at least $58,693,419 as of 24 Jan 2022. He owns shares worth $11,371,612 as insider, has earned $36,761,807 from insider trading and has received compensation worth at least $10,560,000 in Adobe Inc..
What is the salary of Abhay Parasnis?
Mr. Abhay Parasnis salary is $1,320,000 per year as Executive Vice President, Chief Technology Officer & Chief Product Officer of Document Cloud in Adobe Inc..
How old is Abhay Parasnis?
Mr. Abhay Parasnis is 50 years old, born in 1975.
What stocks does Abhay Parasnis currently own?
As insider, Mr. Abhay Parasnis owns shares in one company:
Company | Title | Shares | Price per share | Total value |
---|---|---|---|---|
Adobe Inc. (ADBE) | Executive Vice President, Chief Technology Officer & Chief Product Officer of Document Cloud | 31,455 | $361.52 | $11,371,612 |
What does Adobe Inc. do?
Adobe Inc. operates as a diversified software company worldwide. It operates through three segments: Digital Media, Digital Experience, and Publishing and Advertising. The Digital Media segment offers products, services, and solutions that enable individuals, teams, and enterprises to create, publish, and promote content; and Document Cloud, a unified cloud-based document services platform. Its flagship product is Creative Cloud, a subscription service that allows members to access its creative products. This segment serves content creators, workers, marketers, educators, enthusiasts, communicators, and consumers. The Digital Experience segment provides an integrated platform and set of applications and services that enable brands and businesses to create, manage, execute, measure, monetize, and optimize customer experiences from analytics to commerce. This segment serves marketers, advertisers, agencies, publishers, merchandisers, merchants, web analysts, data scientists, developers, and executives across the C-suite. The Publishing and Advertising segment offers products and services, such as e-learning solutions, technical document publishing, web conferencing, document and forms platform, web application development, and high-end printing, as well as Advertising Cloud offerings. The company offers its products and services directly to enterprise customers through its sales force and local field offices, as well as to end users through app stores and through its website at adobe.com. It also distributes products and services through a network of distributors, value-added resellers, systems integrators, software vendors and developers, retailers, and original equipment manufacturers. The company was formerly known as Adobe Systems Incorporated and changed its name to Adobe Inc. in October 2018. Adobe Inc. was founded in 1982 and is headquartered in San Jose, California.
Abhay Parasnis insider trading
Adobe Inc.
Mr. Abhay Parasnis has made 11 insider trades between 2017-2022, according to the Form 4 filled with the SEC.
The largest trade he's ever made was exercising 70,137 units of ADBE stock on 24 Jan 2019. As of 24 Jan 2022 he still owns at least 31,455 units of ADBE stock.
Adobe key executives
Adobe Inc. executives and other stock owners filed with the SEC:
- Dr. Anil S. Chakravarthy (57) Pres of Digital Experience Bus.
- Mr. Abhay Parasnis (50) Executive Vice President, Chief Technology Officer & Chief Product Officer of Document Cloud
- Mr. Scott K. Belsky (45) Chief Product Officer & Executive Vice President of Creative Cloud
- Mr. Shantanu Narayen (61) Chairman & Chief Executive Officer