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Adobe (ADBE) CFO Daniel Durn reports equity vesting, RSU grant and stock sale

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Adobe EVP & CFO Daniel Durn reported multiple stock transactions tied to equity awards and a small share sale. On January 24, 2026, restricted stock units and performance shares converted into a total of 15,660 shares of Adobe common stock, with 8,196 shares withheld at prices of $301.07 per share to cover taxes.

On January 26, 2026, Durn received a new grant of 27,631 restricted stock units that vest 6.25% quarterly from a vesting commencement date of January 15, 2026. On January 27, 2026, he sold 1,646 shares at an average price of $294.8501 per share, leaving him with 41,994.787 directly owned common shares.

Positive

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Negative

  • None.
Insider Durn Daniel
Role EVP & CFO
Sold 1,646 shs ($485K)
Type Security Shares Price Value
Sale Common Stock 1,646 $294.8501 $485K
Grant/Award Restricted Stock Units 27,631 $0.00 --
Exercise Restricted Stock Units 606 $0.00 --
Exercise Performance Shares 15,054 $0.00 --
Exercise Common Stock 606 $0.00 --
Tax Withholding Common Stock 317 $301.07 $95K
Exercise Common Stock 15,054 $0.00 --
Tax Withholding Common Stock 7,879 $301.07 $2.37M
Holdings After Transaction: Common Stock — 41,994.787 shares (Direct); Restricted Stock Units — 27,631 shares (Direct); Performance Shares — 0 shares (Direct)
Footnotes (1)
  1. Shares surrendered to pay tax liability due at vesting. Vests 25% on the first anniversary of the January 24, 2022 vesting commencement date and then 6.25% quarterly thereafter. Represents shares earned under the 2023 Performance Share Program that vested in full on the three-year anniversary of the January 24, 2023 vesting commencement date. Vests 6.25% quarterly from the vesting commencement date of January 15, 2026.
Form 4 Insider Transactions: What Each Field Means →
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)
01/24/2026
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 01/24/2026 M 606 A $0 36,782.787 D
Common Stock 01/24/2026 F 317(1) D $301.07 36,465.787 D
Common Stock 01/24/2026 M 15,054 A $0 51,519.787 D
Common Stock 01/24/2026 F 7,879(1) D $301.07 43,640.787 D
Common Stock 01/27/2026 S 1,646 D $294.8501 41,994.787 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 01/24/2026 M 606 (2) (2) Common Stock 606 $0 0 D
Performance Shares $0 01/24/2026 M 15,054 (3) (3) Common Stock 15,054 $0 0 D
Restricted Stock Units $0 01/26/2026 A 27,631 (4) (4) Common Stock 27,631 $0 27,631 D
Explanation of Responses:
1. Shares surrendered to pay tax liability due at vesting.
2. Vests 25% on the first anniversary of the January 24, 2022 vesting commencement date and then 6.25% quarterly thereafter.
3. Represents shares earned under the 2023 Performance Share Program that vested in full on the three-year anniversary of the January 24, 2023 vesting commencement date.
4. Vests 6.25% quarterly from the vesting commencement date of January 15, 2026.
Remarks:
/s/ Jillian Forusz, as attorney-in-fact 01/27/2026
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What did Adobe (ADBE) EVP & CFO Daniel Durn report in this Form 4?

Daniel Durn reported vesting of equity awards, a new restricted stock unit grant, and a small stock sale. The filing details multiple award conversions into common stock and a sale of 1,646 shares, along with his updated direct share ownership.

How many Adobe (ADBE) shares did Daniel Durn sell and at what price?

Daniel Durn sold 1,646 shares of Adobe common stock on January 27, 2026. The reported sale price was an average of $294.8501 per share, and his direct holdings after this transaction were 41,994.787 shares.

What new equity award did Adobe (ADBE) grant to Daniel Durn?

Daniel Durn received 27,631 restricted stock units reported as awarded on January 26, 2026. These units vest 6.25% quarterly starting from a vesting commencement date of January 15, 2026, and each unit represents one share of Adobe common stock when it vests.

How were taxes handled on Daniel Durn’s Adobe (ADBE) equity vesting?

The filing states that certain shares were surrendered to pay tax liabilities due at vesting. Specifically, 317 shares and 7,879 shares of Adobe common stock were withheld at $301.07 per share in connection with equity awards that vested on January 24, 2026.

What performance shares for Adobe (ADBE) did Daniel Durn earn under the 2023 program?

The Form 4 notes that 15,054 performance shares were earned under Adobe’s 2023 Performance Share Program. These vested in full on the three-year anniversary of the January 24, 2023 vesting commencement date and converted into an equivalent number of common shares.

How many Adobe (ADBE) shares does Daniel Durn directly own after these transactions?

After the reported transactions, Daniel Durn directly owns 41,994.787 shares of Adobe common stock. This figure reflects equity award conversions, tax-related share surrenders, and the sale of 1,646 shares on January 27, 2026.