Abstract: In order to provide an adjustment device (1), which can be driven in rotation about a longitudinal axis (2), for adjusting a cutting tool, comprising a cutting tool carrier element (3) mounted for carrying out an adjusting movement (6), a drive unit (13, 13b) for driving the cutting tool carrier element (3) and a circuit carrier element (200), which has a surface region facing the drive unit (13, 13b), for forming at least one electronic control circuit (500, 510, 520, 530) provided for controlling the drive unit (13, 13b), 13b), which allows an improved compact design so that instabilities of the main drive element, in particular a tool spindle, are better avoided and the machining space is better utilised, it is proposed that two surface points (600, 610) of the surface area (220) can be connected outside the circuit carrier element (200) by a connecting straight line (620), the end points of which are the surface points (600, 610).