SEC Form 4 · accession 0001224154-26-000003
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
Sep 16, 2026
Accepted (ET)
Sep 18, 2026 · 6:18 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 StockF2,F3 | Sep 16, 2026 | S | 8,358 | $250.2245 | D | 355,366 | I | by trust |
| Common StockF4,F3 | Sep 16, 2026 | S | 33,001 | $251.0333 | D | 322,365 | I | by trust |
| Common StockF5,F3 | Sep 16, 2026 | S | 20,716 | $252.0287 | D | 301,649 | I | by trust |
| Common StockF6,F3 | Sep 16, 2026 | S | 11,495 | $253.0598 | D | 290,154 | I | by trust |
| Common StockF7,F3 | Sep 16, 2026 | S | 930 | $253.6366 | D | 289,224 | I | by trust |
| Common StockF8,F3 | Sep 17, 2026 | S | 1,378 | $246.0861 | D | 287,846 | I | by trust |
| Common StockF9,F3 | Sep 17, 2026 | S | 3,430 | $247.3596 | D | 284,416 | I | by trust |
| Common StockF10,F3 | Sep 17, 2026 | S | 7,168 | $248.1427 | D | 277,248 | I | by trust |
| Common StockF11,F3 | Sep 17, 2026 | S | 10,313 | $249.1717 | D | 266,935 | I | by trust |
| Common StockF12,F3 | Sep 17, 2026 | S | 17,595 | $250.1868 | D | 249,340 | I | by trust |
| Common StockF13,F3 | Sep 17, 2026 | S | 9,978 | $251.0237 | D | 239,362 | I | by trust |
| Common StockF14,F3 | Sep 17, 2026 | S | 638 | $251.7602 | D | 238,724 | I | by trust |
| Common Stock | holding | — | — | — | 399 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sale was primarily made for the reporting person's tax and estate planning purposes.
- F10This transaction was executed in multiple trades at prices ranging from $247.645 to $248.64. The price reported above reflects the weighted average execution price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.
- F11This transaction was executed in multiple trades at prices ranging from $248.65 to $249.64. The price reported above reflects the weighted average execution price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.
- F12This transaction was executed in multiple trades at prices ranging from $249.672 to $250.67. The price reported above reflects the weighted average execution price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.
- F13This transaction was executed in multiple trades at prices ranging from $250.68 to $251.59. The price reported above reflects the weighted average execution price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.
- F14This transaction was executed in multiple trades at prices ranging from $251.72 to $251.81. The price reported above reflects the weighted average execution price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.
- F2This transaction was executed in multiple trades at prices ranging from $249.53 to $250.52. The price reported above reflects the weighted average execution price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.
- F3Shares held by The Narayen Family Trust, dtd 11/30/00 of which reporting person is a trustee.
- F4This transaction was executed in multiple trades at prices ranging from $250.53 to $251.525. The price reported above reflects the weighted average execution price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.
- F5This transaction was executed in multiple trades at prices ranging from $251.53 to $252.52. The price reported above reflects the weighted average execution price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.
- F6This transaction was executed in multiple trades at prices ranging from $252.555 to $253.53. The price reported above reflects the weighted average execution price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.
- F7This transaction was executed in multiple trades at prices ranging from $253.57 to $253.74. The price reported above reflects the weighted average execution price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.
- F8This transaction was executed in multiple trades at prices ranging from $245.595 to $246.2986. The price reported above reflects the weighted average execution price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.
- F9This transaction was executed in multiple trades at prices ranging from $246.645 to $247.6443. The price reported above reflects the weighted average execution price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.