ADOBE INC. — Director's Dealing 2025

Mar 17, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ADOBE INC. (ADBE)
CIK: 0000796343
Period of Report: 2025-03-14

Reporting Person: Wadhwani David (President, Digital Media)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-03-14	Common Stock	M	1933	—	Acquired	22240.402	Direct
2025-03-14	Common Stock	F	958	$394.74	Disposed	21282.402	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-03-14	Restricted Stock Units	$0	M	1933	Disposed		Common Stock (1933)	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 25% on the first anniversary of the June 14, 2021 vesting commencement date and then 6.25% quarterly thereafter.