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Adobe (ADBE) CMO Balazs Lara receives 20,933 restricted stock units in Form 4 filing

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

Rhea-AI Filing Summary

Adobe Inc. reported that Chief Marketing Officer and EVP Balazs Lara received a grant of 20,933 restricted stock units on January 26, 2026. These RSUs carry an exercise price of $0 and will vest at a rate of 6.25% quarterly starting from the vesting commencement date of January 15, 2026. After this award, Lara directly beneficially owns 20,933 derivative securities tied to Adobe common stock, aligning a portion of executive compensation with the company’s future share performance.

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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*
Balazs Lara

(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)
Chief Marketing Officer & EVP
3. Date of Earliest Transaction (Month/Day/Year)
01/26/2026
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
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 01/26/2026 A 20,933 (1) (1) Common Stock 20,933 $0 20,933 D
Explanation of Responses:
1. 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 did Adobe (ADBE) disclose about Balazs Lara in this Form 4?

Adobe disclosed that Chief Marketing Officer & EVP Balazs Lara was granted 20,933 restricted stock units on January 26, 2026. These RSUs represent derivative securities tied to Adobe common stock and are part of his equity-based executive compensation package.

How many restricted stock units did Adobe grant to Balazs Lara?

Adobe granted 20,933 restricted stock units to Chief Marketing Officer & EVP Balazs Lara. Following this transaction, the Form 4 shows that he beneficially owns 20,933 derivative securities, reflecting the full amount of this RSU award held directly.

What is the vesting schedule for Balazs Lara’s Adobe RSU grant?

The RSU grant to Balazs Lara vests 6.25% quarterly starting from a vesting commencement date of January 15, 2026. This means portions of the 20,933 restricted stock units become earned over time, encouraging long-term executive retention.

What is the exercise or conversion price of Balazs Lara’s Adobe RSUs?

The Form 4 lists an exercise or conversion price of $0 for the 20,933 restricted stock units granted to Balazs Lara. RSUs typically do not require a purchase price; they convert into common shares upon vesting if service-based conditions are met.

Are Balazs Lara’s Adobe restricted stock units held directly or indirectly?

According to the Form 4, Balazs Lara holds the 20,933 restricted stock units directly. The ownership form is reported as “D” for direct, and there is no listed nature of indirect beneficial ownership such as a trust or other entity.

What role does Balazs Lara hold at Adobe related to this equity grant?

The reporting person, Balazs Lara, is identified as an officer of Adobe with the title Chief Marketing Officer & EVP. The 20,933 restricted stock units reported in the Form 4 are part of his compensation in this executive leadership role.
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