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*
NARAYEN SHANTANU

(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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chair and CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/15/2026
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 Stock04/15/2026M2,199A$0432,551Iby trust(1)
Common Stock04/15/2026F1,090(2)D$244.66431,461Iby trust(1)
Common Stock04/15/2026M1,265A$0432,726Iby trust(1)
Common Stock04/15/2026F627(2)D$244.66432,099Iby trust(1)
Common Stock04/15/2026M1,978A$0434,077Iby trust(1)
Common Stock04/15/2026F980(2)D$244.66433,097Iby trust(1)
Common Stock04/15/2026M2,857A$0435,954Iby trust(1)
Common Stock04/15/2026F1,416(2)D$244.66434,538Iby trust(1)
Common Stock324.143D
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$004/15/2026M2,199 (3) (3)Common Stock2,199$06,600D
Restricted Stock Units$004/15/2026M1,265 (4) (4)Common Stock1,265$08,852D
Restricted Stock Units$004/15/2026M1,978 (5) (5)Common Stock1,978$021,756D
Restricted Stock Units$004/15/2026M2,857 (6) (6)Common Stock2,857$042,860D
Explanation of Responses:
1. Shares held by The Narayen Family Trust, dtd 11/30/00 of which reporting person is a trustee.
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-fact04/17/2026
** 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)