STOCK TITAN

Adobe Inc. (ADBE) CXO exercises 3,024 RSUs, withholds 1,498 shares for taxes

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Adobe Inc. President, CXO Anil Chakravarthy reported compensation-related share movements on July 15, 2026. He acquired 3,024 shares of common stock upon conversion of Restricted Stock Units and surrendered 1,498 shares at $224.56 per share to cover tax liabilities at vesting. After these transactions he directly held 61,127.784 shares of Adobe common stock, including 75.007 shares acquired under Adobe's 2020 Employee Stock Purchase Plan, and continued to hold multiple RSU awards that vest 6.25% quarterly from commencement dates between January 15, 2023 and January 15, 2026.

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Insider Chakravarthy Anil
Role President, CXO
Type Security Shares Price Value
Exercise Restricted Stock Units F3 761 $0.00 $0.00
Exercise Restricted Stock Units F4 437 $0.00 $0.00
Exercise Restricted Stock Units F5 696 $0.00 $0.00
Exercise Restricted Stock Units F6 1,130 $0.00 $0.00
Exercise Common Stock F1 761 $0.00 $0.00
Tax Withholding Common Stock F2 377 $224.56 $85K
Exercise Common Stock 437 $0.00 $0.00
Tax Withholding Common Stock F2 216 $224.56 $49K
Exercise Common Stock 696 $0.00 $0.00
Tax Withholding Common Stock F2 345 $224.56 $77K
Exercise Common Stock 1,130 $0.00 $0.00
Tax Withholding Common Stock F2 560 $224.56 $126K
Holdings After Transaction: Restricted Stock Units — 26,925 shares (Direct); Common Stock — 61,892.784 shares (Direct)
Footnotes (6)
  1. F1. Includes 75.007 shares acquired on June 30, 2026 pursuant to Adobe's 2020 Employee Stock Purchase Plan, as amended.
  2. F2. Shares surrendered to pay tax liability due at vesting.
  3. F3. Vests 6.25% quarterly from the vesting commencement date of January 15, 2023.
  4. F4. Vests 6.25% quarterly from the vesting commencement date of January 15, 2024.
  5. F5. Vests 6.25% quarterly from the vesting commencement date of January 15, 2025.
  6. F6. Vests 6.25% quarterly from the vesting commencement date of January 15, 2026.
RSU Shares Converted 3,024 shares Total Adobe common shares acquired through RSU exercises on July 15, 2026
Shares Withheld for Taxes 1,498 shares Shares surrendered to pay tax liability due at vesting at $224.56 per share
Tax Withholding Price $224.56 per share Price applied to shares surrendered for tax obligations on July 15, 2026
Direct Common Stock Holdings 61,127.784 shares Direct Adobe common shares held by Anil Chakravarthy after July 15, 2026 transactions
ESPP Shares Included 75.007 shares Portion of holdings acquired June 30, 2026 under Adobe's 2020 Employee Stock Purchase Plan
RSUs Remaining (2026 award) 15,826 units Restricted Stock Units outstanding after vesting under award vesting quarterly from January 15, 2026
RSUs Remaining (2025 award) 6,955 units Restricted Stock Units outstanding after vesting under award vesting quarterly from January 15, 2025
Restricted Stock Units financial
"Listed as security title Restricted Stock Units in several derivative entries"
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.
Employee Stock Purchase Plan financial
"Includes 75.007 shares acquired under Adobe's 2020 Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
tax liability due at vesting financial
"Footnote states shares surrendered to pay tax liability due at vesting"
vesting commencement date financial
"RSU footnotes reference a vesting commencement date of January 15, 2026"
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.

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*
Chakravarthy Anil

(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)
President, CXO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/15/2026
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 Stock07/15/2026M761A$061,127.784(1)D
Common Stock07/15/2026F377(2)D$224.5660,750.784D
Common Stock07/15/2026M437A$061,187.784D
Common Stock07/15/2026F216(2)D$224.5660,971.784D
Common Stock07/15/2026M696A$061,667.784D
Common Stock07/15/2026F345(2)D$224.5661,322.784D
Common Stock07/15/2026M1,130A$062,452.784D
Common Stock07/15/2026F560(2)D$224.5661,892.784D
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$007/15/2026M761 (3) (3)Common Stock761$01,521D
Restricted Stock Units$007/15/2026M437 (4) (4)Common Stock437$02,623D
Restricted Stock Units$007/15/2026M696 (5) (5)Common Stock696$06,955D
Restricted Stock Units$007/15/2026M1,130 (6) (6)Common Stock1,130$015,826D
Explanation of Responses:
1. Includes 75.007 shares acquired on June 30, 2026 pursuant to Adobe's 2020 Employee Stock Purchase Plan, as amended.
2. Shares surrendered to pay tax liability due at vesting.
3. Vests 6.25% quarterly from the vesting commencement date of January 15, 2023.
4. Vests 6.25% quarterly from the vesting commencement date of January 15, 2024.
5. Vests 6.25% quarterly from the vesting commencement date of January 15, 2025.
6. Vests 6.25% quarterly from the vesting commencement date of January 15, 2026.
Remarks:
/s/ Jillian Forusz, as attorney-in-fact07/17/2026
** 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)