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Adobe (NASDAQ: ADBE) interim CFO gains shares via RSU vesting and tax withholding

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Adobe Inc. interim CFO and SVP Steven Day reported routine equity compensation activity involving restricted stock units that vested on June 15, 2026. He acquired 546 shares of Adobe common stock through RSU vesting and related derivative exercises.

To cover associated tax obligations at vesting, 270 shares were surrendered back to the company at a price of $206.36 per share, as noted in the footnotes. After these transactions, Day directly held 4,736.689 shares of Adobe common stock, reflecting a net increase in his equity position.

Positive

  • None.

Negative

  • None.
Insider Day Steven
Role Interim CFO and SVP
Type Security Shares Price Value
Exercise Restricted Stock Units 234 $0.00 --
Exercise Restricted Stock Units 312 $0.00 --
Exercise Common Stock 234 $0.00 --
Tax Withholding Common Stock 116 $206.36 $24K
Exercise Common Stock 312 $0.00 --
Tax Withholding Common Stock 154 $206.36 $32K
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Common Stock — 4,852.689 shares (Direct, null)
Footnotes (1)
  1. Shares surrendered to pay tax liability due at vesting. Vests 6.25% quarterly from the vesting commencement date of June 15, 2022. Vests 12.5% quarterly from the vesting commencement date of June 15, 2025.
Shares acquired via RSU vesting 546 shares Common stock from restricted stock units and derivative exercises on June 15, 2026
Shares surrendered for taxes 270 shares Shares surrendered to pay tax liability due at vesting
Tax-withholding share price $206.36 per share Value used for F-code tax-withholding dispositions
Shares held after transactions 4,736.689 shares Direct Adobe common stock holdings following June 15, 2026 transactions
Derivative exercises count 2 exercises M-code transactions exercising equity-based awards on June 15, 2026
Shares exercised from derivatives 546 shares Total shares from M-code exercise or conversion of derivative securities
Restricted Stock Units financial
"security_title: "Restricted Stock Units""
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax liability financial
"Shares surrendered to pay tax liability due at vesting."
vesting financial
"Vests 6.25% quarterly from the vesting commencement date of June 15, 2022."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
derivative exercise/conversion financial
"transaction_action: "derivative exercise/conversion""
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
Day Steven
(Last)(First)(Middle)
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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Interim CFO and SVP
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock06/15/2026M234A$04,852.689D
Common Stock06/15/2026F116(1)D$206.364,736.689D
Common Stock06/15/2026M312A$05,048.689D
Common Stock06/15/2026F154(1)D$206.364,894.689D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units$006/15/2026M234 (2) (2)Common Stock234$00D
Restricted Stock Units$006/15/2026M312 (3) (3)Common Stock312$01,248D
Explanation of Responses:
1. Shares surrendered to pay tax liability due at vesting.
2. Vests 6.25% quarterly from the vesting commencement date of June 15, 2022.
3. Vests 12.5% quarterly from the vesting commencement date of June 15, 2025.
Remarks:
/s/ Jillian Forusz, as attorney-in-fact06/17/2026
** Signature of Reporting PersonDate
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 did Adobe (ADBE) interim CFO Steven Day report in this Form 4?

Steven Day reported RSU vesting and related share transactions. He acquired 546 Adobe common shares through restricted stock units and derivative exercises, with 270 shares surrendered to cover tax liabilities, resulting in a higher direct shareholding afterward.

How many Adobe (ADBE) shares did Steven Day acquire through RSU vesting?

He acquired 546 Adobe common shares through restricted stock unit vesting and related derivative exercises. These transactions reflect compensation vesting rather than open-market purchases and increase his overall equity exposure to the company’s stock.

How many Adobe (ADBE) shares were withheld for Steven Day’s taxes?

A total of 270 Adobe shares were surrendered to pay tax liabilities due at vesting. These F-code transactions are tax-withholding dispositions, not open-market sales, and are a standard mechanism for covering RSU-related tax obligations.

At what price were Adobe (ADBE) shares valued for the tax-withholding transactions?

The tax-withholding dispositions used a share value of $206.36. This per-share figure applied to the 270 shares surrendered to satisfy Day’s tax obligations arising from the June 15, 2026 restricted stock unit vesting.

How many Adobe (ADBE) shares does Steven Day hold after these transactions?

Following the June 15, 2026 transactions, Steven Day directly held 4,736.689 Adobe common shares. This balance reflects RSU vesting, derivative exercises, and shares surrendered to cover tax liabilities at the time of vesting.

Are Steven Day’s reported Adobe (ADBE) transactions open-market buys or sells?

No, the filing shows RSU vesting, derivative exercises, and tax-withholding dispositions, not open-market trades. F-code entries reflect shares surrendered for taxes, while M-code entries show exercises or conversions of equity-based compensation awards.