ADOBE INC. - Director's Dealing 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ADOBE INC. (ADBE)
CIK: 0000796343
Period of Report: 2025-10-24

Reporting Person: NARAYEN SHANTANU (Director, Chair and CEO)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-10-24	Common Stock	M	1254	—	Acquired	393175	Indirect
2025-10-24	Common Stock	F	621	$353.52	Disposed	392554	Indirect

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-10-24	Restricted Stock Units	$0	M	1254	Disposed		Common Stock (1254)	Direct

Security	Shares	Ownership
Common Stock	324.143	Direct

F1: Shares held by The Narayen Family Trust, dtd 11/30/00 of which reporting person is a trustee.

F2: Shares surrendered to pay tax liability due at vesting.

F3: Vests 25% on the first anniversary of the January 24, 2022 vesting commencement date and then 6.25% quarterly thereafter.