STOCK TITAN

ADBE CFO reports RSU conversions and tax withholdings on 10/15/2025

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Adobe Inc. (ADBE) EVP & CFO reported routine equity activity on 10/15/2025. Multiple RSU tranches vested and converted to common stock: 1,132, 650, and 1,050 shares at $0. To cover taxes at vesting, shares were surrendered: 592, 340, and 549 at $330.63 per share. Following these transactions, directly held common stock totaled 34,563.787 shares. The RSU awards vest 6.25% quarterly from commencement dates of January 15, 2023, January 15, 2024, and January 15, 2025.

Positive

  • None.

Negative

  • None.
Insider Durn Daniel
Role EVP & CFO
Type Security Shares Price Value
Exercise Restricted Stock Units 1,132 $0.00 --
Exercise Restricted Stock Units 650 $0.00 --
Exercise Restricted Stock Units 1,050 $0.00 --
Exercise Common Stock 1,132 $0.00 --
Tax Withholding Common Stock 592 $330.63 $196K
Exercise Common Stock 650 $0.00 --
Tax Withholding Common Stock 340 $330.63 $112K
Exercise Common Stock 1,050 $0.00 --
Tax Withholding Common Stock 549 $330.63 $182K
Holdings After Transaction: Restricted Stock Units — 5,658 shares (Direct); Common Stock — 34,344.787 shares (Direct)
Footnotes (1)
  1. Shares surrendered to pay tax liability due at vesting. Vests 6.25% quarterly from the vesting commencement date of January 15, 2023. Vests 6.25% quarterly from the vesting commencement date of January 15, 2024. Vests 6.25% quarterly from the vesting commencement date of January 15, 2025.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Durn Daniel

(Last) (First) (Middle)
ADOBE INC.
345 PARK AVENUE

(Street)
SAN JOSE CA 95110

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ADOBE INC. [ ADBE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP & CFO
3. Date of Earliest Transaction (Month/Day/Year)
10/15/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 10/15/2025 M 1,132 A $0 34,344.787 D
Common Stock 10/15/2025 F 592(1) D $330.63 33,752.787 D
Common Stock 10/15/2025 M 650 A $0 34,402.787 D
Common Stock 10/15/2025 F 340(1) D $330.63 34,062.787 D
Common Stock 10/15/2025 M 1,050 A $0 35,112.787 D
Common Stock 10/15/2025 F 549(1) D $330.63 34,563.787 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units $0 10/15/2025 M 1,132 (2) (2) Common Stock 1,132 $0 5,658 D
Restricted Stock Units $0 10/15/2025 M 650 (3) (3) Common Stock 650 $0 5,855 D
Restricted Stock Units $0 10/15/2025 M 1,050 (4) (4) Common Stock 1,050 $0 13,657 D
Explanation of Responses:
1. Shares surrendered to pay tax liability due at vesting.
2. Vests 6.25% quarterly from the vesting commencement date of January 15, 2023.
3. Vests 6.25% quarterly from the vesting commencement date of January 15, 2024.
4. Vests 6.25% quarterly from the vesting commencement date of January 15, 2025.
Remarks:
/s/ Jillian Forusz, as attorney-in-fact 10/16/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Adobe (ADBE) disclose in this Form 4?

The EVP & CFO reported RSU vesting into common stock and share surrenders to cover taxes on 10/15/2025.

How many Adobe shares vested for the CFO?

RSUs vested and converted into 1,132, 650, and 1,050 shares.

How were taxes paid on the vesting?

Shares were surrendered to cover taxes: 592, 340, and 549 at $330.63 per share.

What is the CFO’s Adobe share ownership after these transactions?

Directly held common stock was 34,563.787 shares after the reported transactions.

What are the RSU vesting schedules for Adobe’s CFO?

Each award vests 6.25% quarterly from commencement dates of Jan 15, 2023, Jan 15, 2024, and Jan 15, 2025.