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Adobe CAO converts 3,085 RSUs, withholds tax

Adobe’s SVP & CAO reported RSU vesting into common shares with a portion withheld to cover tax obligations.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

ADOBE INC. reported that senior vice president and chief accounting officer Jillian Forusz had restricted stock units convert into common stock on September 15, 2026. Two tranches of restricted stock units covering 227 shares and 2,858 shares converted into the same number of common shares at no cost. On the same date, a total of 1,528 common shares were surrendered at $257.76 per share to cover tax liabilities due at vesting. No Rule 10b5-1 trading plan is reported for these transactions.

Positive

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Negative

  • None.
Insider Forusz Jillian
Role SVP & CAO
Type Security Shares Price Value
Exercise Restricted Stock Units F2 227 $0.00 $0.00
Exercise Restricted Stock Units F3 2,858 $0.00 $0.00
Exercise Common Stock 227 $0.00 $0.00
Tax Withholding Common Stock F1 112 $257.76 $29K
Exercise Common Stock 2,858 $0.00 $0.00
Tax Withholding Common Stock F1 1,416 $257.76 $365K
Holdings After Transaction: Restricted Stock Units — 10,387 contracts (Direct); Common Stock — 5,381.156 shares (Direct)
Footnotes (3)
  1. F1. Shares surrendered to pay tax liability due at vesting.
  2. F2. Vests 6.25% quarterly from the vesting commencement date of September 15, 2024.
  3. F3. Vests 25% annually from the vesting commencement date of September 15, 2025.
RSUs converted (first tranche) 227 shares Restricted stock units converting into common stock on September 15, 2026
RSUs converted (second tranche) 2,858 shares Restricted stock units converting into common stock on September 15, 2026
Total RSUs converted 3,085 shares Sum of restricted stock units converting into common stock on September 15, 2026
Shares surrendered for tax 1,528 shares Common shares surrendered to pay tax liability at vesting
Per-share value for tax withholding $257.76 per share Value used for shares surrendered to pay tax liability
Quarterly vesting rate (one RSU grant) 6.25% quarterly From vesting commencement date of September 15, 2024
Annual vesting rate (other RSU grant) 25% annually From vesting commencement date of September 15, 2025
Restricted Stock Units financial
"Vests 6.25% quarterly from the vesting commencement date of September 15, 2024."
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
"Shares surrendered to pay tax liability due at vesting."
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.

FAQ

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

What did ADBE executive Jillian Forusz report in this Form 4?

Jillian Forusz reported the conversion of restricted stock units into 3,085 shares of Adobe common stock on September 15, 2026, and the surrender of 1,528 shares to satisfy tax liabilities associated with those vestings.

How many Adobe (ADBE) RSUs vested for Jillian Forusz on September 15, 2026?

Restricted stock units covering 227 shares and 2,858 shares, for a total of 3,085 shares, vested and converted into Adobe common stock for Jillian Forusz on September 15, 2026.

How many Adobe (ADBE) shares were withheld for taxes in this filing?

A total of 1,528 Adobe common shares (112 shares plus 1,416 shares) were surrendered to cover tax liabilities due at vesting, at a reported value of $257.76 per share.

Was a Rule 10b5-1 trading plan used for these ADBE transactions?

No. The filing indicates that these transactions were not made pursuant to a Rule 10b5-1 trading plan; they relate to RSU vesting and associated tax withholding.

What vesting schedules apply to the RSUs in this ADBE Form 4?

One RSU award vests 6.25% quarterly starting from September 15, 2024, and another vests 25% annually starting from September 15, 2025, as disclosed in the footnotes.

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*
Forusz Jillian

(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)
SVP & CAO
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 Stock09/15/2026M227A$04,051.156D
Common Stock09/15/2026F112(1)D$257.763,939.156D
Common Stock09/15/2026M2,858A$06,797.156D
Common Stock09/15/2026F1,416(1)D$257.765,381.156D
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$009/15/2026M227 (2) (2)Common Stock227$01,815D
Restricted Stock Units$009/15/2026M2,858 (3) (3)Common Stock2,858$08,572D
Explanation of Responses:
1. Shares surrendered to pay tax liability due at vesting.
2. Vests 6.25% quarterly from the vesting commencement date of September 15, 2024.
3. Vests 25% annually from the vesting commencement date of September 15, 2025.
Remarks:
/s/ Jillian Forusz09/17/2026
** 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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