ADOBE INC. — Director's Dealing 2025

Oct 16, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ADOBE INC. (ADBE)
CIK: 0000796343
Period of Report: 2025-10-15

Reporting Person: Wadhwani David (President, Digital Media)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-10-15	Common Stock	M	760	—	Acquired	25598.091	Direct
2025-10-15	Common Stock	F	376	$330.63	Disposed	25222.091	Direct
2025-10-15	Common Stock	M	437	—	Acquired	25659.091	Direct
2025-10-15	Common Stock	F	216	$330.63	Disposed	25443.091	Direct
2025-10-15	Common Stock	M	695	—	Acquired	26138.091	Direct
2025-10-15	Common Stock	F	344	$330.63	Disposed	25794.091	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-10-15	Restricted Stock Units	$0	M	760	Disposed		Common Stock (760)	Direct
2025-10-15	Restricted Stock Units	$0	M	437	Disposed		Common Stock (437)	Direct
2025-10-15	Restricted Stock Units	$0	M	695	Disposed		Common Stock (695)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	355	Indirect

Footnotes

F1: Shares surrendered to pay tax liability due at vesting.

F2: All shares held by the 2006 Wadhwani Family Trust dtd 04/26/2006, of which the reporting person is a trustee, with the exception of 92 shares held by the Wadhwani 2020 Family GST Trusts dtd 12/06/2020 for the benefit of Mr. Wadhwani's children, of which the reporting person is the trustee.

F3: Vests 6.25% quarterly from the vesting commencement date of January 15, 2023.

F4: Vests 6.25% quarterly from the vesting commencement date of January 15, 2024.

F5: Vests 6.25% quarterly from the vesting commencement date of January 15, 2025.