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Adobe (NASDAQ: ADBE) director Desmond exercises 900 RSUs, awarded 1,367 more

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

Rhea-AI Filing Summary

Adobe Inc. director Laura Desmond reported routine equity compensation activity. She exercised 900 previously granted restricted stock units, receiving 900 shares of common stock after the award vested in full on April 15, 2026. She also received a new grant of 1,367 restricted stock units that will vest 100% on the day of Adobe's next annual meeting of stockholders. Following these transactions, she directly holds 32,633 shares of common stock and 1,367 restricted stock units.

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Insider Desmond Laura
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 — 32,633 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 exercised 900 units Restricted stock units vested and converted on April 15, 2026
New RSU grant 1,367 units Restricted stock unit award vesting at next annual meeting
Common shares held 32,633 shares Direct Adobe common stock holdings after transactions
RSUs held after grant 1,367 units Direct restricted stock units outstanding after reported grant
Derivative exercises 1 transaction, 900 shares Exercise or conversion of derivative security on April 15, 2026
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.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
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*
Desmond Laura
(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$032,633D
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 did Adobe (ADBE) director Laura Desmond report in this insider filing?

Laura Desmond reported routine equity compensation activity, including exercising 900 restricted stock units into common shares and receiving a new grant of 1,367 restricted stock units. These transactions reflect vesting and grants rather than open-market buying or selling of Adobe stock.

How many Adobe shares does Laura Desmond hold after the reported transactions?

After the reported transactions, Laura Desmond directly holds 32,633 shares of Adobe common stock. She also holds 1,367 restricted stock units that are scheduled to vest in full on the day of Adobe’s next annual meeting of stockholders, according to the filing.

What restricted stock unit activity did Adobe (ADBE) disclose for Laura Desmond?

The filing shows a 900-unit restricted stock award that vested in full on April 15, 2026, converting into 900 common shares. It also records a new grant of 1,367 restricted stock units that will vest 100% on the day of Adobe’s next annual shareholder meeting.

Were there any open-market stock sales or purchases by Laura Desmond in this Adobe filing?

No open-market stock sales or purchases were reported. All transactions involve the exercise and vesting of restricted stock units and a new restricted stock unit grant, each at a stated price of $0.00 per share, reflecting compensation mechanics rather than market trading activity.

What is the vesting schedule of Laura Desmond’s new Adobe restricted stock unit grant?

The new award of 1,367 restricted stock units is scheduled to vest 100% on the day of Adobe’s next annual meeting of stockholders. This single-vesting-date structure ties the award to the company’s regular annual shareholder meeting rather than a multi-year vesting timeline.