Adobe (ADBE)

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-01-24 10b5-1 Pre-arranged Plan: No --- Issuer --- Name: ADOBE INC. (ADBE) CIK: 0000796343 --- Reporting Owner --- Name: Durn Daniel CIK: 0001610062 Role: Officer (EVP & CFO) --- Non-Derivative Transactions --- [Transaction #1] Security: Common Stock Date: 2026-01-24 | Code: M (Exercise of derivative) Shares: +606 | Price: $0.00 Shares Owned After: 36,782.787 | Ownership: D (Direct) [Transaction #2] Security: Common Stock Date: 2026-01-24 | Code: F (Payment of exercise/tax) Shares: -317 | Price: $301.07 Total Value: $95,439.19 Shares Owned After: 36,465.787 | Ownership: D (Direct) Footnotes: [F1] Shares surrendered to pay tax liability due at vesting. [Transaction #3] Security: Common Stock Date: 2026-01-24 | Code: M (Exercise of derivative) Shares: +15,054 | Price: $0.00 Shares Owned After: 51,519.787 | Ownership: D (Direct) [Transaction #4] Security: Common Stock Date: 2026-01-24 | Code: F (Payment of exercise/tax) Shares: -7,879 | Price: $301.07 Total Value: $2,372,130.53 Shares Owned After: 43,640.787 | Ownership: D (Direct) Footnotes: [F1] Shares surrendered to pay tax liability due at vesting. [Transaction #5] Security: Common Stock Date: 2026-01-27 | Code: S (Open market sale) Shares: -1,646 | Price: $294.85 Total Value: $485,323.26 Shares Owned After: 41,994.787 | Ownership: D (Direct) --- Derivative Transactions --- [Transaction #1] Security: Restricted Stock Units Date: 2026-01-24 | Code: M (Exercise of derivative) Shares: -606 | Price: $0.00 Shares Owned After: 0 | Ownership: D (Direct) Footnotes: [F2] Vests 25% on the first anniversary of the January 24, 2022 vesting commencement date and then 6.25% quarterly thereafter. [F2] Vests 25% on the first anniversary of the January 24, 2022 vesting commencement date and then 6.25% quarterly thereafter. [Transaction #2] Security: Performance Shares Date: 2026-01-24 | Code: M (Exercise of derivative) Shares: -15,054 | Price: $0.00 Shares Owned After: 0 | Ownership: D (Direct) Footnotes: [F3] Represents shares earned under the 2023 Performance Share Program that vested in full on the three-year anniversary of the January 24, 2023 vesting commencement date. [F3] Represents shares earned under the 2023 Performance Share Program that vested in full on the three-year anniversary of the January 24, 2023 vesting commencement date. [Transaction #3] Security: Restricted Stock Units Date: 2026-01-26 | Code: A (Grant or award) Shares: +27,631 | Price: $0.00 Shares Owned After: 27,631 | Ownership: D (Direct) Footnotes: [F4] Vests 6.25% quarterly from the vesting commencement date of January 15, 2026. [F4] Vests 6.25% quarterly from the vesting commencement date of January 15, 2026. --- Footnotes (Complete Index) --- F1: Shares surrendered to pay tax liability due at vesting. F2: Vests 25% on the first anniversary of the January 24, 2022 vesting commencement date and then 6.25% quarterly thereafter. F3: Represents shares earned under the 2023 Performance Share Program that vested in full on the three-year anniversary of the January 24, 2023 vesting commencement date. F4: Vests 6.25% quarterly from the vesting commencement date of January 15, 2026. --- Signature --- /s/ /s/ Jillian Forusz, as attorney-in-fact (2026-01-27)