Adobe (NASDAQ: ADBE) CMO logs RSU vesting and tax share sale

Rhea-AI Filing Summary

Adobe Inc. Chief Marketing Officer & EVP Balazs Lara reported restricted stock unit vesting and related share withholding on January 15, 2026. On that date, 4,919 restricted stock units converted into an equal number of Adobe common shares at an exercise price of $0. Of those shares, 1,976 were surrendered at $304.09 per share to cover tax liabilities due at vesting, leaving 3,002.164 Adobe shares held directly afterward. The filing also notes indirect holdings of 8.5 Adobe shares by a spouse and 0.538 Adobe shares in a spouse IRA, and explains that the direct holdings include small amounts previously acquired under Adobe's 2020 Employee Stock Purchase Plan.

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^*

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)
01/15/2026

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
Common Stock	01/15/2026		M		4,919	A	$0	4,978.164(1)	D
Common Stock	01/15/2026		F		1,976(2)	D	$304.09	3,002.164	D
Common Stock								8.5	I	By Spouse
Common Stock								0.538	I	By Spouse IRA

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	01/15/2026		M			4,919	(3)	(3)	Common Stock	4,919	$0	14,755	D

Explanation of Responses:

1. Includes 36.841 shares acquired on June 30, 2025, and 22.323 shares acquired on December 31, 2025, pursuant to Adobe's 2020 Employee Stock Purchase Plan as amended.

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

3. Vests 25% on the first anniversary of the January 15, 2025 vesting commencement date and then 6.25% quarterly thereafter.

Remarks:

	/s/ Jillian Forusz, as attorney-in-fact	01/16/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider activity did Adobe (ADBE) report for Balazs Lara?

The filing shows that Balazs Lara, Adobe's Chief Marketing Officer & EVP, had 4,919 restricted stock units convert into common stock on January 15, 2026, with a portion of those shares surrendered to cover taxes.

How many Adobe RSUs vested for Balazs Lara on January 15, 2026?

On January 15, 2026, 4,919 restricted stock units vested and converted into the same number of Adobe common shares at an exercise price of $0 per share.

How many Adobe shares were surrendered for taxes in this Form 4?

The Form 4 reports that 1,976 Adobe common shares were surrendered at $304.09 per share to pay the tax liability due at vesting of the restricted stock units.

How many Adobe shares does Balazs Lara hold after the reported transactions?

After the January 15, 2026 transactions, Balazs Lara directly holds 3,002.164 Adobe common shares. In addition, there are 8.5 shares held indirectly by a spouse and 0.538 shares held indirectly in a spouse IRA.

What derivative securities related to Adobe does Balazs Lara still hold?

The filing lists 14,755 restricted stock units beneficially owned following the reported transaction, each representing a right to receive one share of Adobe common stock, with vesting terms of 25% on the first anniversary of January 15, 2025 and 6.25% quarterly thereafter.

What do the footnotes in Balazs Lara’s Adobe Form 4 explain?

The footnotes state that the direct holdings include 36.841 Adobe shares acquired on June 30, 2025 and 22.323 shares acquired on December 31, 2025 through Adobe's 2020 Employee Stock Purchase Plan, clarify that certain shares were surrendered to pay tax liabilities, and describe the vesting schedule of the restricted stock units.