Adobe (ADBE)

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-04-15 10b5-1 Pre-arranged Plan: No --- Issuer --- Name: ADOBE INC. (ADBE) CIK: 0000796343 --- Reporting Owner --- Name: NARAYEN SHANTANU CIK: 0001224154 Role: Director, Officer (Chair and CEO) --- Non-Derivative Transactions --- [Transaction #1] Security: Common Stock Date: 2026-04-15 | Code: M (Exercise of derivative) Shares: +2,199 | Price: $0.00 Shares Owned After: 432,551 | Ownership: I (Indirect) | Nature: by trust Footnotes: [F1] Shares held by The Narayen Family Trust, dtd 11/30/00 of which reporting person is a trustee. [Transaction #2] Security: Common Stock Date: 2026-04-15 | Code: F (Payment of exercise/tax) Shares: -1,090 | Price: $244.66 Total Value: $266,679.40 Shares Owned After: 431,461 | Ownership: I (Indirect) | Nature: by trust Footnotes: [F2] Shares surrendered to pay tax liability due at vesting. [F1] Shares held by The Narayen Family Trust, dtd 11/30/00 of which reporting person is a trustee. [Transaction #3] Security: Common Stock Date: 2026-04-15 | Code: M (Exercise of derivative) Shares: +1,265 | Price: $0.00 Shares Owned After: 432,726 | Ownership: I (Indirect) | Nature: by trust Footnotes: [F1] Shares held by The Narayen Family Trust, dtd 11/30/00 of which reporting person is a trustee. [Transaction #4] Security: Common Stock Date: 2026-04-15 | Code: F (Payment of exercise/tax) Shares: -627 | Price: $244.66 Total Value: $153,401.82 Shares Owned After: 432,099 | Ownership: I (Indirect) | Nature: by trust Footnotes: [F2] Shares surrendered to pay tax liability due at vesting. [F1] Shares held by The Narayen Family Trust, dtd 11/30/00 of which reporting person is a trustee. [Transaction #5] Security: Common Stock Date: 2026-04-15 | Code: M (Exercise of derivative) Shares: +1,978 | Price: $0.00 Shares Owned After: 434,077 | Ownership: I (Indirect) | Nature: by trust Footnotes: [F1] Shares held by The Narayen Family Trust, dtd 11/30/00 of which reporting person is a trustee. [Transaction #6] Security: Common Stock Date: 2026-04-15 | Code: F (Payment of exercise/tax) Shares: -980 | Price: $244.66 Total Value: $239,766.80 Shares Owned After: 433,097 | Ownership: I (Indirect) | Nature: by trust Footnotes: [F2] Shares surrendered to pay tax liability due at vesting. [F1] Shares held by The Narayen Family Trust, dtd 11/30/00 of which reporting person is a trustee. [Transaction #7] Security: Common Stock Date: 2026-04-15 | Code: M (Exercise of derivative) Shares: +2,857 | Price: $0.00 Shares Owned After: 435,954 | Ownership: I (Indirect) | Nature: by trust Footnotes: [F1] Shares held by The Narayen Family Trust, dtd 11/30/00 of which reporting person is a trustee. [Transaction #8] Security: Common Stock Date: 2026-04-15 | Code: F (Payment of exercise/tax) Shares: -1,416 | Price: $244.66 Total Value: $346,438.56 Shares Owned After: 434,538 | Ownership: I (Indirect) | Nature: by trust Footnotes: [F2] Shares surrendered to pay tax liability due at vesting. [F1] Shares held by The Narayen Family Trust, dtd 11/30/00 of which reporting person is a trustee. --- Derivative Transactions --- [Transaction #1] Security: Restricted Stock Units Date: 2026-04-15 | Code: M (Exercise of derivative) Shares: -2,199 | Price: $0.00 Shares Owned After: 6,600 | Ownership: D (Direct) Footnotes: [F3] Vests 6.25% quarterly from the vesting commencement date of January 15, 2023. [F3] Vests 6.25% quarterly from the vesting commencement date of January 15, 2023. [Transaction #2] Security: Restricted Stock Units Date: 2026-04-15 | Code: M (Exercise of derivative) Shares: -1,265 | Price: $0.00 Shares Owned After: 8,852 | Ownership: D (Direct) Footnotes: [F4] Vests 6.25% quarterly from the vesting commencement date of January 15, 2024. [F4] Vests 6.25% quarterly from the vesting commencement date of January 15, 2024. [Transaction #3] Security: Restricted Stock Units Date: 2026-04-15 | Code: M (Exercise of derivative) Shares: -1,978 | Price: $0.00 Shares Owned After: 21,756 | Ownership: D (Direct) Footnotes: [F5] Vests 6.25% quarterly from the vesting commencement date of January 15, 2025. [F5] Vests 6.25% quarterly from the vesting commencement date of January 15, 2025. [Transaction #4] Security: Restricted Stock Units Date: 2026-04-15 | Code: M (Exercise of derivative) Shares: -2,857 | Price: $0.00 Shares Owned After: 42,860 | Ownership: D (Direct) Footnotes: [F6] Vests 6.25% quarterly from the vesting commencement date of January 15, 2026. [F6] Vests 6.25% quarterly from the vesting commencement date of January 15, 2026. --- Holdings --- [Holding #1] Security: Common Stock Ownership: D (Direct) --- Footnotes (Complete Index) --- F1: Shares held by The Narayen Family Trust, dtd 11/30/00 of which reporting person is a trustee. F2: Shares surrendered to pay tax liability due at vesting. F3: Vests 6.25% quarterly from the vesting commencement date of January 15, 2023. F4: Vests 6.25% quarterly from the vesting commencement date of January 15, 2024. F5: Vests 6.25% quarterly from the vesting commencement date of January 15, 2025. F6: Vests 6.25% quarterly from the vesting commencement date of January 15, 2026. --- Signature --- /s/ /s/ Jillian Forusz, as attorney-in-fact (2026-04-17)