ADOBE INC. (ADBE) · Insider Trading (Form 4) SEC Filing

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-07-15 10b5-1 Pre-arranged Plan: No --- Issuer --- Name: ADOBE INC. (ADBE) CIK: 0000796343 --- Reporting Owner --- Name: Balazs Lara CIK: 0001997095 Role: Officer (Chief Marketing Officer & EVP) --- Non-Derivative Transactions --- [Transaction #1] Security: Common Stock Date: 2026-07-15 | Code: M (Exercise of derivative) Shares: +1,230 | Price: $0.00 Shares Owned After: 5,587.171 | Ownership: D (Direct) Footnotes: [F1] Includes 75.007 shares acquired on June 30, 2026 pursuant to Adobe's 2020 Employee Stock Purchase Plan, as amended. [Transaction #2] Security: Common Stock Date: 2026-07-15 | Code: F (Payment of exercise/tax) Shares: -609 | Price: $224.56 Total Value: $136,757.04 Shares Owned After: 4,978.171 | Ownership: D (Direct) Footnotes: [F2] Shares surrendered to pay tax liability due at vesting. [Transaction #3] Security: Common Stock Date: 2026-07-15 | Code: M (Exercise of derivative) Shares: +1,308 | Price: $0.00 Shares Owned After: 6,286.171 | Ownership: D (Direct) [Transaction #4] Security: Common Stock Date: 2026-07-15 | Code: F (Payment of exercise/tax) Shares: -648 | Price: $224.56 Total Value: $145,514.88 Shares Owned After: 5,638.171 | Ownership: D (Direct) Footnotes: [F2] Shares surrendered to pay tax liability due at vesting. --- Derivative Transactions --- [Transaction #1] Security: Restricted Stock Units Date: 2026-07-15 | Code: M (Exercise of derivative) Shares: -1,230 | Price: $0.00 Shares Owned After: 12,296 | Ownership: D (Direct) Footnotes: [F3] Vests 25% on the first anniversary of the January 15, 2025 vesting commencement date and then 6.25% quarterly thereafter. [F3] Vests 25% on the first anniversary of the January 15, 2025 vesting commencement date and then 6.25% quarterly thereafter. [Transaction #2] Security: Restricted Stock Units Date: 2026-07-15 | Code: M (Exercise of derivative) Shares: -1,308 | Price: $0.00 Shares Owned After: 18,317 | 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. [Transaction #3] Security: Restricted Stock Units Date: 2026-07-15 | Code: A (Grant or award) Shares: +31,662 | Price: $0.00 Shares Owned After: 31,662 | Ownership: D (Direct) Footnotes: [F5] Vests 50% annually from the vesting commencement date of July 15, 2026. [F5] Vests 50% annually from the vesting commencement date of July 15, 2026. --- Holdings --- [Holding #1] Security: Common Stock Ownership: I (Indirect) [Holding #2] Security: Common Stock Ownership: I (Indirect) --- Footnotes (Complete Index) --- F1: Includes 75.007 shares acquired on June 30, 2026 pursuant to Adobe's 2020 Employee Stock Purchase Plan, as amended. F2: Shares surrendered to pay tax liability due at vesting. F3: Vests 25% on the first anniversary of the January 15, 2025 vesting commencement date and then 6.25% quarterly thereafter. F4: Vests 6.25% quarterly from the vesting commencement date of January 15, 2026. F5: Vests 50% annually from the vesting commencement date of July 15, 2026. --- Signature --- /s/ /s/ Jillian Forusz, as attorney-in-fact (2026-07-17)