Shantanu Narayen - 24 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
24 Jan 2026
Net transactions value
-$10,381,797
Form type
4
Filing time
27 Jan 2026, 19:08:29 UTC
Previous filing
16 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 27 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 +1,255 +0.32% $0.000000 396,537 24 Jan 2026 by trust F1
transaction ADBE Common Stock Tax liability $187,266 -622 -0.16% $301.07 395,915 24 Jan 2026 by trust F1, F2
transaction ADBE Common Stock Options Exercise $0 +68,298 +17% $0.000000 464,213 24 Jan 2026 by trust F1
transaction ADBE Common Stock Tax liability $10,194,531 -33,861 -7.3% $301.07 430,352 24 Jan 2026 by trust F1, F2
holding ADBE Common Stock 324 24 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 Options Exercise $0 -1,255 -100% $0.000000 0 24 Jan 2026 Common Stock 1,255 $0.000000 Direct F3
transaction ADBE Performance Shares Options Exercise $0 -68,298 -100% $0.000000 0 24 Jan 2026 Common Stock 68,298 $0.000000 Direct F4
transaction ADBE Restricted Stock Units Award $0 +45,717 $0.000000 45,717 26 Jan 2026 Common Stock 45,717 $0.000000 Direct F5
* 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 Vests 25% on the first anniversary of the January 24, 2022 vesting commencement date and then 6.25% quarterly thereafter.
F4 Represents shares earned under the 2023 Performance Share Program that vested in full on the three-year anniversary of the January 24, 2023 vesting commencement date.
F5 Vests 6.25% quarterly from the vesting commencement date of January 15, 2026.