Shantanu Narayen - Oct 15, 2025 Form 4 Insider Report for ADOBE INC. (ADBE)

Signature
/s/ Jillian Forusz, as attorney-in-fact
Stock symbol
ADBE
Transactions as of
Oct 15, 2025
Transactions value $
-$891,378
Form type
4
Date filed
10/16/2025, 04:35 PM
Previous filing
Oct 2, 2025
Next filing
Oct 27, 2025

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 2025-10-16 0001224154

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADBE Common Stock Options Exercise $0 +2.2K +0.57% $0.00 391K Oct 15, 2025 by trust F1
transaction ADBE Common Stock Tax liability -$360K -1.09K -0.28% $330.63 390K Oct 15, 2025 by trust F1, F2
transaction ADBE Common Stock Options Exercise $0 +1.26K +0.32% $0.00 392K Oct 15, 2025 by trust F1
transaction ADBE Common Stock Tax liability -$207K -626 -0.16% $330.63 391K Oct 15, 2025 by trust F1, F2
transaction ADBE Common Stock Options Exercise $0 +1.98K +0.51% $0.00 393K Oct 15, 2025 by trust F1
transaction ADBE Common Stock Tax liability -$324K -980 -0.25% $330.63 392K Oct 15, 2025 by trust F1, F2
holding ADBE Common Stock 324 Oct 15, 2025 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 -2.2K -16.67% $0.00 11K Oct 15, 2025 Common Stock 2.2K $0.00 Direct F3
transaction ADBE Restricted Stock Units Options Exercise $0 -1.26K -10% $0.00 11.4K Oct 15, 2025 Common Stock 1.26K $0.00 Direct F4
transaction ADBE Restricted Stock Units Options Exercise $0 -1.98K -7.14% $0.00 25.7K Oct 15, 2025 Common Stock 1.98K $0.00 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 6.25% quarterly from the vesting commencement date of January 15, 2023.
F4 Vests 6.25% quarterly from the vesting commencement date of January 15, 2024.
F5 Vests 6.25% quarterly from the vesting commencement date of January 15, 2025.