Adobe (ADBE) CXO Anil Chakravarthy logs share vesting, tax surrenders and new RSU grant

Rhea-AI Filing Summary

Adobe Inc. executive Anil Chakravarthy, President and CXO, reported multiple equity-related transactions in Adobe common stock and stock units. On January 24, 2026, restricted stock units and performance shares vested and were converted into common stock, increasing his direct holdings before tax withholdings.

To cover tax obligations at vesting, Chakravarthy had 300 and 11,702 Adobe common shares automatically surrendered at a price of $301.07 per share. After these transactions, he directly owned 58,765.777 shares of Adobe common stock.

Separately, on January 26, 2026, he received a new grant of 18,086 restricted stock units, which vest in quarterly installments starting from a January 15, 2026 vesting commencement date. These RSUs are held directly and represent additional potential future common shares as they vest.

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^*

Chakravarthy Anil

(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)
	President, CXO

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	47,160.777	D
Common Stock	01/24/2026		F		300(1)	D	$301.07	46,860.777	D
Common Stock	01/24/2026		M		23,607	A	$0	70,467.777	D
Common Stock	01/24/2026		F		11,702(1)	D	$301.07	58,765.777	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			23,607	(3)	(3)	Common Stock	23,607	$0	0	D
Restricted Stock Units	$0	01/26/2026		A		18,086		(4)	(4)	Common Stock	18,086	$0	18,086	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.

FAQ

What insider transactions did Adobe (ADBE) executive Anil Chakravarthy report?

Anil Chakravarthy reported vesting of restricted stock units and performance shares that converted into Adobe common stock. He also reported automatic share surrenders to cover taxes and a new restricted stock unit grant, all as routine equity compensation activity disclosed in a Form 4 filing.

How many Adobe (ADBE) shares does Anil Chakravarthy own after these Form 4 transactions?

Following the reported transactions, Anil Chakravarthy directly owned 58,765.777 Adobe common shares. This figure reflects shares received from vested equity awards, net of shares automatically surrendered to satisfy tax withholding obligations associated with the vesting events on January 24, 2026.

Why were some Adobe (ADBE) shares surrendered in Anil Chakravarthy’s Form 4?

The filing states that 300 and 11,702 Adobe common shares were surrendered to pay tax liabilities due at vesting. Such tax-withholding surrenders are common in equity compensation plans, allowing executives to satisfy withholding obligations without making separate cash payments.

What new equity award did Anil Chakravarthy receive from Adobe (ADBE)?

Anil Chakravarthy received a new grant of 18,086 restricted stock units. According to the filing, these RSUs vest 6.25% quarterly starting from a January 15, 2026 vesting commencement date, representing additional potential Adobe common shares as vesting milestones are reached over time.

What performance shares were reported in Anil Chakravarthy’s Adobe (ADBE) Form 4?

The Form 4 shows 23,607 performance shares converted to Adobe common stock. These shares were earned under the 2023 Performance Share Program and vested in full on the three-year anniversary of the January 24, 2023 vesting commencement date, as described in the footnotes.

How were Anil Chakravarthy’s previously granted Adobe (ADBE) restricted stock units structured?

One prior restricted stock unit award vested 25% on the first anniversary of a January 24, 2022 vesting commencement date, then 6.25% quarterly. This vesting structure, described in the filing’s footnotes, governed the 606 restricted stock units that were converted into Adobe common stock on January 24, 2026.