Adobe (ADBE) director buys 10,000 shares at $194.513 in open market

Filing Impact

(High)

Filing Sentiment

(Positive)

Form Type

Rhea-AI Filing Summary

Adobe Inc. director David A. Ricks reported an open‑market purchase of 10,000 shares of Adobe common stock. The trade occurred on June 25, 2026 at a weighted average price of $194.513 per share, with individual executions between $194.44 and $194.53.

Following this transaction, Ricks directly holds 17,655 shares of Adobe common stock. An additional 2,775 shares are held indirectly by the David A Ricks 12-2022 Grantor Retained Annuity Trust, of which he is a trustee.

Insider Trade Summary

Net Buyer: 10,000 shares ($1,945,130)

Net Buy 2 txns

Insider Ricks David A

Role null

Bought 10,000 shs ($1.95M)

Type	Security	Shares	Price	Value
Purchase	Common Stock	10,000	$194.513	$1.95M
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 17,655 shares (Direct, null); Common Stock — 2,775 shares (Indirect, by trust)

Footnotes (1)

This transaction was executed in multiple trades at prices ranging from $194.44 to $194.53. 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. Shares held by the David A Ricks 12-2022 Grantor Retained Annuity Trust of which the reporting person is a trustee.

Key Figures

Shares purchased: 10,000 shares Purchase price: $194.513 per share Trade price range: $194.44–$194.53 +2 more

5 metrics

Shares purchased 10,000 shares Open-market purchase on June 25, 2026

Purchase price $194.513 per share Weighted average execution price

Trade price range $194.44–$194.53 Multiple executions during June 25, 2026

Direct holdings after trade 17,655 shares Adobe common stock held directly by Ricks

Indirect trust holdings 2,775 shares Held by David A Ricks 12-2022 Grantor Retained Annuity Trust

Key Terms

open-market purchase, Grantor Retained Annuity Trust, indirect ownership

3 terms

open-market purchase financial

"transaction_action: open-market purchase of Adobe common stock"

An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.

Grantor Retained Annuity Trust financial

"Shares held by the David A Ricks 12-2022 Grantor Retained Annuity Trust"

A grantor retained annuity trust (GRAT) is an estate-planning tool where the person who creates the trust transfers assets into it but receives fixed cash payments (an annuity) from the trust for a set number of years; whatever remains after that term passes to designated beneficiaries. It matters to investors because it can shift future appreciation of assets out of the creator’s taxable estate—like putting an asset into a timed vending machine that pays you fixed amounts while any extra value that grows inside the machine goes to heirs with reduced gift or estate tax consequences.

indirect ownership financial

"total_shares_following_transaction 2775.0000, direct_or_indirect I, ownership_type indirect"

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/26/2026 - 04:21 PM Accepted by SEC EDGAR 06/26/2026 - 04:20 PM

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^*

Ricks David A

(Last)

(First)

(Middle)

ADOBE INC.

345 PARK AVENUE

(Street)

SAN JOSE

CALIFORNIA

95110

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
ADOBE INC. [ ADBE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/25/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/25/2026		P		10,000	A	$194.513⁽¹⁾	17,655	D
Common Stock								2,775	I	by trust⁽²⁾

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. This transaction was executed in multiple trades at prices ranging from $194.44 to $194.53. 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.

2. Shares held by the David A Ricks 12-2022 Grantor Retained Annuity Trust of which the reporting person is a trustee.

Remarks:

	/s/ Jillian Forusz, as attorney-in-fact	06/26/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Adobe (ADBE) director David A. Ricks report?

David A. Ricks reported buying 10,000 shares of Adobe common stock in the open market. The purchase was made on June 25, 2026, and reflects a direct increase in his personal holdings in the company.

At what price did David A. Ricks buy Adobe (ADBE) shares?

He purchased 10,000 Adobe shares at a weighted average price of $194.513 per share. Individual trade prices ranged from $194.44 to $194.53, executed as multiple trades during the same trading day.

How many Adobe (ADBE) shares does David A. Ricks own after this transaction?

After the transaction, David A. Ricks directly holds 17,655 Adobe common shares. The Form 4 also shows 2,775 additional shares held indirectly through a Grantor Retained Annuity Trust where he serves as trustee.

What does the trust holding in the Adobe (ADBE) Form 4 represent?

The filing lists 2,775 Adobe shares held by the David A Ricks 12-2022 Grantor Retained Annuity Trust. The footnote explains that Ricks is a trustee of this trust, indicating these are indirect holdings associated with him.

Was the Adobe (ADBE) insider trade by David A. Ricks an open-market purchase?

Yes. The transaction is coded as 'P', meaning an open-market or private purchase of common stock. The filing describes it as an open-market purchase executed across multiple trades within a narrow price range on June 25, 2026.