[Form 4] ADOBE INC. Insider Trading Activity

Rhea-AI Filing Summary

Adobe (ADBE) insider activity: On 10/15/2025, an officer (President, DX) reported multiple restricted stock unit (RSU) vestings and related share-withholding for taxes. RSUs converted into common stock in three lots of 760, 437, and 695 shares at $0 per share. To cover taxes, shares were surrendered in amounts of 376, 216, and 344 at $330.63 per share, as noted in the filing. Following these transactions, the officer directly beneficially owned 45,321.777 shares.

The RSU grants vest 6.25% quarterly from commencement dates of January 15, 2023; January 15, 2024; and January 15, 2025.

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

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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, DX

3. Date of Earliest Transaction (Month/Day/Year)
10/15/2025

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	10/15/2025		M		760	A	$0	45,125.777	D
Common Stock	10/15/2025		F		376(1)	D	$330.63	44,749.777	D
Common Stock	10/15/2025		M		437	A	$0	45,186.777	D
Common Stock	10/15/2025		F		216(1)	D	$330.63	44,970.777	D
Common Stock	10/15/2025		M		695	A	$0	45,665.777	D
Common Stock	10/15/2025		F		344(1)	D	$330.63	45,321.777	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	10/15/2025		M			760	(2)	(2)	Common Stock	760	$0	3,803	D
Restricted Stock Units	$0	10/15/2025		M			437	(3)	(3)	Common Stock	437	$0	3,935	D
Restricted Stock Units	$0	10/15/2025		M			695	(4)	(4)	Common Stock	695	$0	9,042	D

Explanation of Responses:

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

2. Vests 6.25% quarterly from the vesting commencement date of January 15, 2023.

3. Vests 6.25% quarterly from the vesting commencement date of January 15, 2024.

4. Vests 6.25% quarterly from the vesting commencement date of January 15, 2025.

Remarks:

	/s/ Jillian Forusz, as attorney-in-fact	10/16/2025
	** 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) report in this Form 4?

An officer reported RSU conversions to common stock (760, 437, 695 shares) and share-withholding for taxes (376, 216, 344 shares) on 10/15/2025.

What price was used for the tax-withholding transactions for ADBE?

Shares were surrendered to cover taxes at $330.63 per share.

How many Adobe shares does the reporting person own after these transactions?

Direct beneficial ownership stands at 45,321.777 shares.

What vesting schedules apply to the RSUs in this report for ADBE?

Each grant vests 6.25% quarterly from start dates of Jan 15, 2023, Jan 15, 2024, and Jan 15, 2025.

Were any cash purchases or sales reported by the Adobe officer?

No. RSU conversions occurred at $0 and taxes were paid via share withholding, not cash sales on the market.

What is the significance of codes M and F in this ADBE Form 4?

M indicates RSU conversion to common stock; F indicates shares withheld to satisfy tax obligations at vesting.