SEC Form 4 · accession 0000796343-26-000135
ADOBE INC. · ADBE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Shantanu Narayen
Officer — Chair and CEO · Director
Period of report
Jul 15, 2026
Accepted (ET)
Jul 17, 2026 · 4:24 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0000796343
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jul 15, 2026 | M | 2,200 | $0.00 | A | 361,738 | I | by trust |
| Common StockF2,F1 | Jul 15, 2026 | F | 1,090 | $224.56 | D | 360,648 | I | by trust |
| Common StockF1 | Jul 15, 2026 | M | 1,264 | $0.00 | A | 361,912 | I | by trust |
| Common StockF2,F1 | Jul 15, 2026 | F | 626 | $224.56 | D | 361,286 | I | by trust |
| Common StockF1 | Jul 15, 2026 | M | 1,977 | $0.00 | A | 363,263 | I | by trust |
| Common StockF2,F1 | Jul 15, 2026 | F | 980 | $224.56 | D | 362,283 | I | by trust |
| Common StockF1 | Jul 15, 2026 | M | 2,857 | $0.00 | A | 365,140 | I | by trust |
| Common StockF2,F1 | Jul 15, 2026 | F | 1,416 | $224.56 | D | 363,724 | I | by trust |
| Common StockF3 | holding | — | — | — | 399 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF4 | $0.00 | Jul 15, 2026 | M | 2,200 | D | — | — | Common Stock | 2,200 | 4,400 | D |
| Restricted Stock UnitsF5 | $0.00 | Jul 15, 2026 | M | 1,264 | D | — | — | Common Stock | 1,264 | 7,588 | D |
| Restricted Stock UnitsF6 | $0.00 | Jul 15, 2026 | M | 1,977 | D | — | — | Common Stock | 1,977 | 19,779 | D |
| Restricted Stock UnitsF7 | $0.00 | Jul 15, 2026 | M | 2,857 | D | — | — | Common Stock | 2,857 | 40,003 | D |
Explanation of responses
- F1Shares held by The Narayen Family Trust, dtd 11/30/00 of which reporting person is a trustee.
- F2Shares surrendered to pay tax liability due at vesting.
- F3Includes 75.007 shares acquired on June 30, 2026 pursuant to Adobe's 2020 Employee Stock Purchase Plan, as amended.
- F4Vests 6.25% quarterly from the vesting commencement date of January 15, 2023.
- F5Vests 6.25% quarterly from the vesting commencement date of January 15, 2024.
- F6Vests 6.25% quarterly from the vesting commencement date of January 15, 2025.
- F7Vests 6.25% quarterly from the vesting commencement date of January 15, 2026.