Adobe (ADBE) CLO Pentland exercises 7,800 RSUs, surrenders 3,676 shares for taxes

Rhea-AI Filing Summary

Adobe Inc.'s Chief Legal Officer & EVP Adele Louise Pentland reported routine equity compensation activity. On June 15, 2026, she exercised 7,800 Restricted Stock Units, converting them into 7,800 shares of common stock. To cover taxes due at vesting, 3,676 common shares were surrendered at $206.36 per share, a tax-withholding disposition rather than an open-market sale. After these transactions, she directly holds 5,323.759 common shares and 23,397 RSUs. A footnote also notes a reduction of 8 previously reported shares to correct a de minimis prior tax-withholding error.

Insights

Equity compensation analyst

Routine RSU vesting with tax withholding; no open-market trading.

Adele Louise Pentland exercised 7,800 Restricted Stock Units into common stock and surrendered 3,676 shares at $206.36 per share to satisfy tax liabilities at vesting. This is standard equity compensation treatment, not a discretionary market sale.

Following these events, she holds 5,323.759 Adobe common shares directly and 23,397 RSUs. The filing also corrects a prior de minimis 8‑share overstatement related to an earlier tax calculation. Overall, the transactions appear administrative and have neutral informational value for investors.

Insider Trade Summary

7,800 shares exercised/converted

Mixed 3 txns

Insider Pentland Adele Louise

Role Chief Legal Officer & EVP

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	7,800	$0.00	--
Exercise	Common Stock	7,800	$0.00	--
Tax Withholding	Common Stock	3,676	$206.36	$759K

Holdings After Transaction: Restricted Stock Units — 23,397 shares (Direct, null); Common Stock — 8,999.759 shares (Direct, null)

Footnotes (1)

1. The reporting person's previously reported ownership of Common Stock was reduced by 8 shares to correct a de minimis error in a tax withholding calculation with respect to certain shares that vested on April 15, 2026. Shares surrendered to pay tax liability due at vesting. Vests 25% on the first anniversary of the June 15, 2025 vesting commencement date and then 6.25% quarterly thereafter.

Key Figures

RSUs exercised: 7,800 shares Tax-withholding shares: 3,676 shares Tax-withholding price: $206.36 per share +3 more

6 metrics

RSUs exercised 7,800 shares Restricted Stock Units converted to common stock on June 15, 2026

Tax-withholding shares 3,676 shares Common shares surrendered to pay tax liability at $206.36

Tax-withholding price $206.36 per share Value used for 3,676 shares surrendered for taxes

Common shares held 5,323.759 shares Direct Adobe common stock holdings after transactions

RSUs outstanding 23,397 units Restricted Stock Units remaining after the June 15, 2026 vesting

Prior correction 8 shares Reduction to correct de minimis April 15, 2026 tax error

Key Terms

Restricted Stock Units, tax liability, tax-withholding disposition, derivative exercise/conversion, +1 more

5 terms

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."

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.

derivative exercise/conversion financial

"transaction_action": "derivative exercise/conversion""

vesting commencement date financial

"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.

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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^*

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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Legal Officer & EVP

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/15/2026		M		7,800	A	$0	8,999.759(1)	D
Common Stock	06/15/2026		F		3,676(2)	D	$206.36	5,323.759	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	06/15/2026		M			7,800	(3)	(3)	Common Stock	7,800	$0	23,397	D

Explanation of Responses:

1. The reporting person's previously reported ownership of Common Stock was reduced by 8 shares to correct a de minimis error in a tax withholding calculation with respect to certain shares that vested on April 15, 2026.

2. Shares surrendered to pay tax liability due at vesting.

3. 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-fact	06/16/2026
	** 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)

FAQ

What insider transactions did Adobe (ADBE) CLO Adele Pentland report on June 15, 2026?

Adele Pentland exercised 7,800 Restricted Stock Units into common stock and surrendered 3,676 shares at $206.36 each to cover taxes. These actions reflect routine equity compensation processing rather than discretionary open-market trading.

Did Adele Pentland sell Adobe (ADBE) shares in the open market in this Form 4?

No, the Form 4 shows shares surrendered for tax withholding, not an open-market sale. The 3,676 shares were used to pay tax liability due at vesting, a common administrative step for RSU vesting events.

How many Adobe (ADBE) shares does Adele Pentland hold after these transactions?

After the June 15, 2026 transactions, Adele Pentland directly holds 5,323.759 shares of Adobe common stock. In addition, she holds 23,397 Restricted Stock Units that may deliver more shares as they vest under their schedule.

What is the value used for Adele Pentland’s Adobe (ADBE) tax-withholding shares?

The tax-withholding disposition used a share value of $206.36. A total of 3,676 common shares were surrendered at this price to pay tax obligations arising from Restricted Stock Units vesting on June 15, 2026.

What RSU vesting schedule applies to Adele Pentland’s Adobe (ADBE) award?

One RSU grant vests 25% on the first anniversary of the June 15, 2025 vesting commencement date, then 6.25% quarterly thereafter. This structure gradually delivers shares over time as service-based vesting conditions are met.

Why was Adele Pentland’s prior Adobe (ADBE) share count adjusted by 8 shares?

A footnote explains her previously reported common stock ownership was reduced by 8 shares to correct a de minimis error in a tax withholding calculation for shares that vested on April 15, 2026. This aligns reported holdings with actual post-tax amounts.