David Wadhwani - 15 Jul 2025 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
President, Digital Media
Signature
/s/ Jillian Forusz, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
15 Jul 2025
Transactions value $
-$341,601
Form type
4
Filing time
17 Jul 2025, 16:45:39 UTC
Previous filing
16 Jun 2025
Next filing
28 Jul 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Wadhwani David President, Digital Media ADOBE INC., 345 PARK AVENUE, SAN JOSE /s/ Jillian Forusz, as attorney-in-fact 17 Jul 2025 0001494665

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADBE Common Stock Options Exercise $0 +761 +3.2% $0 24,337 15 Jul 2025 Direct F1
transaction ADBE Common Stock Tax liability -$137,295 -377 -1.5% $364.18 23,960 15 Jul 2025 Direct F2
transaction ADBE Common Stock Options Exercise $0 +437 +1.8% $0 24,397 15 Jul 2025 Direct
transaction ADBE Common Stock Tax liability -$78,662 -216 -0.89% $364.18 24,181 15 Jul 2025 Direct F2
transaction ADBE Common Stock Options Exercise $0 +696 +2.9% $0 24,877 15 Jul 2025 Direct
transaction ADBE Common Stock Tax liability -$125,642 -345 -1.4% $364.18 24,532 15 Jul 2025 Direct F2
holding ADBE Common Stock 355 15 Jul 2025 By Trust F3

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 -761 -14% $0 4,563 15 Jul 2025 Common Stock 761 $0 Direct F4
transaction ADBE Restricted Stock Units Options Exercise $0 -437 -9.1% $0 4,372 15 Jul 2025 Common Stock 437 $0 Direct F5
transaction ADBE Restricted Stock Units Options Exercise $0 -696 -6.7% $0 9,737 15 Jul 2025 Common Stock 696 $0 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 56.689 shares acquired on June 30, 2025 pursuant to Adobe's 2020 Employee Stock Purchase Plan, as amended.
F2 Shares surrendered to pay tax liability due at vesting.
F3 All shares held by the 2006 Wadhwani Family Trust dtd 04/26/2006, of which the reporting person is a trustee, with the exception of 92 shares held by the Wadhwani 2020 Family GST Trusts dtd 12/06/2020 for the benefit of Mr. Wadhwani's children, of which the reporting person is the trustee.
F4 Vests 6.25% quarterly from the vesting commencement date of January 15, 2023.
F5 Vests 6.25% quarterly from the vesting commencement date of January 15, 2024.
F6 Vests 6.25% quarterly from the vesting commencement date of January 15, 2025.