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Adobe (ADBE) director Boulden exercises 900 RSUs, receives 1,367 more

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Adobe director Melanie Boulden reported routine equity compensation changes. A prior award of 900 restricted stock units vested in full on April 15, 2026 and was exercised into 900 shares of common stock. She also received a new grant of 1,367 restricted stock units, which will vest 100% on the day of Adobe's next annual meeting of stockholders. Following these transactions, she directly owns 3,965 shares of common stock and holds 1,367 restricted stock units as an unvested derivative award.

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Insider Boulden Melanie
Role Director
Type Security Shares Price Value
Exercise Restricted Stock Units 900 $0.00 --
Grant/Award Restricted Stock Units 1,367 $0.00 --
Exercise Common Stock 900 $0.00 --
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct); Common Stock — 3,965 shares (Direct)
Footnotes (1)
  1. This restricted stock unit award vested in full on April 15, 2026. Vests 100% on the day of the Issuer's next annual meeting of stockholders.
RSUs vested and exercised 900 restricted stock units Vested and converted on April 15, 2026
New RSU grant 1,367 restricted stock units Grant vests 100% on next annual meeting day
Shares acquired from RSU vesting 900 shares of common stock Acquired via derivative exercise/conversion
Common shares held after transactions 3,965 shares Direct ownership following April 15, 2026 activity
Unvested RSUs outstanding 1,367 restricted stock units Held as derivative award after new grant
Derivative exercises in this filing 900 shares exercised Exercise or conversion of derivative security (code M)
Restricted Stock Units financial
"This restricted stock unit award vested in full on April 15, 2026."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
vested in full financial
"This restricted stock unit award vested in full on April 15, 2026."
annual meeting of stockholders financial
"Vests 100% on the day of the Issuer's next annual meeting of stockholders."
Form 4 Insider Transactions: What Each Field Means →
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*
Boulden Melanie
(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
Officer (give title below)Other (specify below)
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 Stock04/15/2026M900A$03,965D
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$004/15/2026M900 (1) (1)Common Stock900$00D
Restricted Stock Units$004/15/2026A1,367 (2) (2)Common Stock1,367$01,367D
Explanation of Responses:
1. This restricted stock unit award vested in full on April 15, 2026.
2. Vests 100% on the day of the Issuer's next annual meeting of stockholders.
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Adobe (ADBE) director Melanie Boulden report?

Melanie Boulden reported routine equity compensation activity, including the vesting and exercise of 900 restricted stock units into common shares and a new grant of 1,367 restricted stock units. These transactions are classified as acquisitions rather than open-market purchases or sales.

How many Adobe (ADBE) shares does Melanie Boulden hold after the reported Form 4?

After the reported transactions, Melanie Boulden directly owns 3,965 shares of Adobe common stock. In addition, she holds 1,367 restricted stock units as an unvested derivative award, which are scheduled to vest in full on the day of Adobe’s next annual meeting of stockholders.

What was the size of Melanie Boulden’s new restricted stock unit grant at Adobe (ADBE)?

Melanie Boulden received a new grant of 1,367 restricted stock units. These units represent a form of stock-based compensation that will convert into Adobe common shares when they vest, which is scheduled to occur 100% on the day of the next annual meeting of stockholders.

When did Melanie Boulden’s prior Adobe (ADBE) restricted stock unit award vest?

A prior restricted stock unit award to Melanie Boulden vested in full on April 15, 2026. Upon vesting, 900 restricted stock units were exercised or converted into 900 shares of Adobe common stock, increasing her directly held share position reported in the Form 4 filing.

Were Melanie Boulden’s Adobe (ADBE) transactions open-market buys or sells?

The reported transactions were not open-market buys or sells. They reflect an exercise or conversion of 900 previously granted restricted stock units into common stock and a new award of 1,367 restricted stock units, both categorized as acquisitions related to compensation, not market trades.