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Adobe CLO vests 1,949 RSUs, withholds shares

Adobe’s Chief Legal Officer received vested shares from restricted stock units, with a portion withheld to cover taxes, and now directly holds 21,448 Adobe shares.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

ADOBE INC. (ADBE) reported that Chief Legal Officer & EVP Adele Louise Pentland converted 1,949 restricted stock units into the same number of shares of common stock on September 15, 2026, as part of a vesting event from a prior equity award.

Of the vested shares, 966 shares of common stock were delivered or withheld to pay the related tax liability at a price of $257.76 per share, and Pentland now directly holds 21,448 shares of Adobe common stock following this transaction. The vested award is scheduled to vest 25% on the first anniversary of the June 15, 2025 vesting commencement date, and 6.25% quarterly thereafter. No Rule 10b5-1 trading plan is reported for these transactions.

Positive

  • None.

Negative

  • None.
Insider Pentland Adele Louise
Role Chief Legal Officer & EVP
Type Security Shares Price Value
Exercise Restricted Stock Units F2 1,949 $0.00 $0.00
Exercise Common Stock 1,949 $0.00 $0.00
Tax Withholding Common Stock F1 966 $257.76 $249K
Holdings After Transaction: Restricted Stock Units — 21,448 contracts (Direct); Common Stock — 7,041.766 shares (Direct)
Footnotes (2)
  1. F1. Shares surrendered to pay tax liability due at vesting.
  2. F2. Vests 25% on the first anniversary of the June 15, 2025 vesting commencement date and then 6.25% quarterly thereafter.
Restricted stock units converted 1,949 units Converted into common stock on September 15, 2026
Common shares received from vesting 1,949 shares Shares of Adobe common stock issued upon RSU conversion on September 15, 2026
Shares withheld for tax liability 966 shares Common shares delivered or withheld to pay tax due at vesting
Tax withholding price per share $257.76 per share Price used for shares delivered or withheld for tax liability
Post-transaction direct holdings 21,448 shares Adobe common stock directly owned by Adele Louise Pentland after the reported transactions
Initial vesting percentage 25% Portion of RSU award vesting on first anniversary of June 15, 2025 commencement date
Ongoing quarterly vesting 6.25% per quarter Quarterly vesting rate after the first anniversary of the vesting commencement date
Restricted Stock Units financial
"Shares surrendered to pay tax liability due at vesting."
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 commencement date financial
"Vests 25% on the first anniversary of the June 15, 2025 vesting commencement date"
The vesting commencement date is the starting point when an employee begins earning ownership rights to their promised benefits, such as stock options or retirement contributions. Think of it like the day a savings account is opened—only after this date do the benefits start to grow and become fully available over time. It matters to investors because it marks when the clock begins ticking toward full ownership, affecting the timing and value of these benefits.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What equity transaction did Adobe (ADBE) report for Adele Louise Pentland?

Adobe reported that Adele Louise Pentland converted 1,949 restricted stock units into 1,949 shares of common stock on September 15, 2026, as part of a vesting event from a previously granted equity award.

How many Adobe (ADBE) shares were used to cover taxes in this Form 4?

The filing states that 966 shares of Adobe common stock were delivered or withheld to pay the tax liability due at vesting, at a reported price of $257.76 per share.

How many Adobe (ADBE) shares does Adele Louise Pentland hold after the transaction?

After the reported transactions, Adele Louise Pentland directly holds 21,448 shares of Adobe common stock, as shown in the post-transaction holdings for the vested award.

Was a Rule 10b5-1 trading plan involved in this Adobe (ADBE) insider transaction?

No. The filing indicates that no Rule 10b5-1 trading plan is reported for the September 15, 2026 transactions; they are associated with vesting of restricted stock units and related tax withholding.

What is the vesting schedule for the Adobe (ADBE) restricted stock units in this filing?

The award vests 25% on the first anniversary of the June 15, 2025 vesting commencement date and then 6.25% quarterly thereafter, according to the vesting description in the filing.

What types of securities are involved in this Adobe (ADBE) Form 4?

The Form 4 involves restricted stock units that converted into 1,949 shares of Adobe common stock, and a subsequent disposition of 966 common shares delivered or withheld to satisfy the associated tax liability.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
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*
Pentland Adele Louise

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Legal Officer & EVP
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/15/2026
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 Stock09/15/2026M1,949A$08,007.766D
Common Stock09/15/2026F966(1)D$257.767,041.766D
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$009/15/2026M1,949 (2) (2)Common Stock1,949$021,448D
Explanation of Responses:
1. Shares surrendered to pay tax liability due at vesting.
2. Vests 25% on the first anniversary of the June 15, 2025 vesting commencement date and then 6.25% quarterly thereafter.
Remarks:
/s/ Jillian Forusz, as attorney-in-fact09/17/2026
** 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)

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