Shantanu Narayen - 14 Jan 2026 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
Chair and CEO, Director
Signature
/s/ Jillian Forusz, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
14 Jan 2026
Net transactions value
-$825,604
Form type
4
Filing time
16 Jan 2026, 18:26:07 UTC
Previous filing
05 Jan 2026
Next filing
27 Jan 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
NARAYEN SHANTANU Chair and CEO, Director ADOBE INC., 345 PARK AVENUE, SAN JOSE /s/ Jillian Forusz, as attorney-in-fact 16 Jan 2026 0001224154

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADBE Common Stock Options Exercise $0 +2,200 +0.56% $0.000000 394,754 15 Jan 2026 by trust F1
transaction ADBE Common Stock Tax liability $336,932 -1,108 -0.28% $304.09 393,646 15 Jan 2026 by trust F1, F2
transaction ADBE Common Stock Options Exercise $0 +1,265 +0.32% $0.000000 394,911 15 Jan 2026 by trust F1
transaction ADBE Common Stock Tax liability $190,664 -627 -0.16% $304.09 394,284 15 Jan 2026 by trust F1, F2
transaction ADBE Common Stock Options Exercise $0 +1,978 +0.5% $0.000000 396,262 15 Jan 2026 by trust F1
transaction ADBE Common Stock Tax liability $298,008 -980 -0.25% $304.09 395,282 15 Jan 2026 by trust F1, F2
holding ADBE Common Stock 324 14 Jan 2026 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ADBE Restricted Stock Units Award $0 +32,027 $0.000000 32,027 14 Jan 2026 Common Stock 32,027 $0.000000 Direct F3
transaction ADBE Restricted Stock Units Award $0 +7,789 $0.000000 7,789 14 Jan 2026 Common Stock 7,789 $0.000000 Direct F4
transaction ADBE Restricted Stock Units Award $0 +12,182 $0.000000 12,182 14 Jan 2026 Common Stock 12,182 $0.000000 Direct F5
transaction ADBE Restricted Stock Units Options Exercise $0 -2,200 -20% $0.000000 8,799 15 Jan 2026 Common Stock 2,200 $0.000000 Direct F6
transaction ADBE Restricted Stock Units Options Exercise $0 -1,265 -11% $0.000000 10,117 15 Jan 2026 Common Stock 1,265 $0.000000 Direct F7
transaction ADBE Restricted Stock Units Options Exercise $0 -1,978 -7.7% $0.000000 23,734 15 Jan 2026 Common Stock 1,978 $0.000000 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares held by The Narayen Family Trust, dtd 11/30/00 of which reporting person is a trustee.
F2 Shares surrendered to pay tax liability due at vesting.
F3 Represents shares earned under the 2023 Performance Share Program for achievement of the fiscal year 2025 Net New Sales goal portion and three-year relative total stockholder return goal portion of the award certified on January 14, 2026, and that will vest in full on the three-year anniversary of the January 24, 2023 vesting commencement date. Such shares were previously reported as Performance Shares in a Form 4 at grant, on a voluntary basis and at 200% of total target payout.
F4 Represents shares earned under the 2024 Performance Share Program for achievement of the fiscal year 2025 Net New Sales goal portion of the award certified on January 14, 2026, and that will vest in full on the three-year anniversary of the January 24, 2024 vesting commencement date.
F5 Represents shares earned under the 2025 Performance Share Program for achievement of the fiscal year 2025 Net New Sales goal portion of the award certified on January 14, 2026, and that will vest in full on the three-year anniversary of the January 24, 2025 vesting commencement date.
F6 Vests 6.25% quarterly from the vesting commencement date of January 15, 2023.
F7 Vests 6.25% quarterly from the vesting commencement date of January 15, 2024.
F8 Vests 6.25% quarterly from the vesting commencement date of January 15, 2025.