What happened to Jillian Forusz’s existing Adobe restricted stock units and performance shares?

Previously granted restricted stock units and performance shares were converted into Adobe common stock on January 24, 2026 . The RSUs and performance shares had vesting schedules tied to earlier commencement dates under Adobe’s equity incentive programs, culminating in these reported settlements.

What role does Jillian Forusz hold at Adobe related to this Form 4 filing?

Jillian Forusz is reported as an officer of Adobe, serving as SVP & CAO (Senior Vice President and Chief Accounting Officer). As a company officer, she must report transactions in Adobe securities, including equity awards and related tax-withholding share surrenders.

Adobe (NASDAQ: ADBE) SVP Forusz reports 9,211 RSUs grant and vesting

Q: What equity awards did Adobe (ADBE) executive Jillian Forusz receive in this Form 4?

Jillian Forusz received a new grant of 9,211 restricted stock units . These RSUs vest 6.25% quarterly starting from a January 15, 2026 vesting commencement date, providing ongoing stock-based compensation tied to Adobe’s long-term performance and retention objectives.

Q: How many Adobe shares does Jillian Forusz directly own after the reported transactions?

After the reported activity, Jillian Forusz directly held 3,521.156 shares of Adobe common stock. This figure reflects option/award vesting and the surrender of shares used to satisfy tax withholding obligations related to those vestings on January 24, 2026.

Q: Why were some Adobe (ADBE) shares surrendered by Jillian Forusz at $301.07?

Forusz surrendered 12 and 205 shares of Adobe common stock at $301.07 per share to cover tax liabilities due at vesting. This is a common practice where shares from vested awards are withheld or sold to satisfy required tax withholding.

Q: How do the new RSUs for Jillian Forusz vest over time at Adobe (ADBE)?

The new grant of 9,211 restricted stock units vests at 6.25% quarterly , starting from a January 15, 2026 vesting commencement date. This structure spreads vesting over multiple quarters, encouraging sustained service and alignment with Adobe’s long-term shareholder interests.

Filing Impact

(Neutral)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Adobe Inc. senior executive Jillian Forusz reported equity award activity and stock withholding transactions. On January 24, 2026, previously granted restricted stock units and performance shares were exercised into Adobe common stock, and a portion of the resulting shares (12 and 205 shares) was surrendered at $301.07 per share to cover tax liabilities at vesting.

Following these transactions, Forusz held about 3,521.156 shares of Adobe common stock directly. On January 26, 2026, she received a new grant of 9,211 restricted stock units, which are scheduled to vest 6.25% quarterly from a January 15, 2026 vesting commencement date, aligning her compensation further with Adobe’s long-term performance.

Insider Trade Summary

559 shares exercised/converted

Mixed 7 txns

Insider Forusz Jillian

Role SVP & CAO

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	9,211	$0.00	--
Exercise	Restricted Stock Units	31	$0.00	--
Exercise	Performance Shares	528	$0.00	--
Exercise	Common Stock	31	$0.00	--
Tax Withholding	Common Stock	12	$301.07	$4K
Exercise	Common Stock	528	$0.00	--
Tax Withholding	Common Stock	205	$301.07	$62K

Holdings After Transaction: Restricted Stock Units — 9,211 shares (Direct); Performance Shares — 0 shares (Direct); Common Stock — 3,210.156 shares (Direct)

Footnotes (1)

Shares surrendered to pay tax liability due at vesting. Vests 25% on the first anniversary of the January 24, 2022 vesting commencement date and then 6.25% quarterly thereafter. 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. Vests 6.25% quarterly from the vesting commencement date of January 15, 2026.

Form 4 Insider Transactions: What Each Field Means →

01/27/2026 - 07:08 PM

SEC Form 4

FORM 4

UNITED 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^*

Forusz Jillian

(Last)

(First)

(Middle)

ADOBE INC.

345 PARK AVENUE

(Street)

SAN JOSE

95110

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
ADOBE INC. [ ADBE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	SVP & CAO

3. Date of Earliest Transaction (Month/Day/Year)
01/24/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	01/24/2026		M		31	A	$0	3,210.156	D
Common Stock	01/24/2026		F		12⁽¹⁾	D	$301.07	3,198.156	D
Common Stock	01/24/2026		M		528	A	$0	3,726.156	D
Common Stock	01/24/2026		F		205⁽¹⁾	D	$301.07	3,521.156	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	$0	01/24/2026		M			31	⁽²⁾	⁽²⁾	Common Stock	31	$0	0	D
Performance Shares	$0	01/24/2026		M			528	⁽³⁾	⁽³⁾	Common Stock	528	$0	0	D
Restricted Stock Units	$0	01/26/2026		A		9,211		⁽⁴⁾	⁽⁴⁾	Common Stock	9,211	$0	9,211	D

Explanation of Responses:

1. Shares surrendered to pay tax liability due at vesting.

2. Vests 25% on the first anniversary of the January 24, 2022 vesting commencement date and then 6.25% quarterly thereafter.

3. 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.

4. Vests 6.25% quarterly from the vesting commencement date of January 15, 2026.

Remarks:

	/s/ Jillian Forusz	01/27/2026
	** Signature of Reporting Person	Date
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.

Source: View Original Filing on SEC EDGAR

FAQ

What equity awards did Adobe (ADBE) executive Jillian Forusz receive in this Form 4?

Jillian Forusz received a new grant of 9,211 restricted stock units. These RSUs vest 6.25% quarterly starting from a January 15, 2026 vesting commencement date, providing ongoing stock-based compensation tied to Adobe’s long-term performance and retention objectives.

How many Adobe shares does Jillian Forusz directly own after the reported transactions?

After the reported activity, Jillian Forusz directly held 3,521.156 shares of Adobe common stock. This figure reflects option/award vesting and the surrender of shares used to satisfy tax withholding obligations related to those vestings on January 24, 2026.

Why were some Adobe (ADBE) shares surrendered by Jillian Forusz at $301.07?

Forusz surrendered 12 and 205 shares of Adobe common stock at $301.07 per share to cover tax liabilities due at vesting. This is a common practice where shares from vested awards are withheld or sold to satisfy required tax withholding.

How do the new RSUs for Jillian Forusz vest over time at Adobe (ADBE)?

The new grant of 9,211 restricted stock units vests at 6.25% quarterly, starting from a January 15, 2026 vesting commencement date. This structure spreads vesting over multiple quarters, encouraging sustained service and alignment with Adobe’s long-term shareholder interests.