NARAYEN SHANTANU

PrivateCIK: 1224154
Location

SAN JOSE, CA

NARAYEN SHANTANU (Chairman, President and CEO) exercised options at ADOBE INC.

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 2 exercises
InsiderNARAYEN SHANTANUCIK 1224154
IssuerADOBE INC.CIK 796343
DirectorOfficer· Chairman, President and CEO
Since Jan 2019
+11.23K
Net shares
Net buyer
$10.38M
Total sold
0
Open market trades
0B · 0S
7
Total transactions
115.27K acquired · 104.04K disposed
Non-Derivative Transactions4

Common Stock

Indirect
M · Option Exercise

Shares

+1.25K

Price / share

Trade value

% of position

0.3%
1/24/2026
395.28K396.54K

Common Stock

Indirect
F · Tax Withholding

Shares

622.00

Price / share

$301.07

Trade value

$187.27K

% of position

0.2%
1/24/2026
396.54K395.92K

Common Stock

Indirect
M · Option Exercise

Shares

+68.30K

Price / share

Trade value

% of position

17.3%
1/24/2026
395.92K464.21K

Common Stock

Indirect
F · Tax Withholding

Shares

33.86K

Price / share

$301.07

Trade value

$10.19M

% of position

7.3%
1/24/2026
464.21K430.35K
Total

Net shares

+35.07K

Net value

-$10.38M

Derivative Transactions3

Restricted Stock Units

Direct
M · Option Exercise
Converts to

Common Stock

1.25K shares

Shares

1.25K

Strike price

0

Held after

0.00

Exercisable

1/24/2026

Performance Shares

Direct
M · Option Exercise
Converts to

Common Stock

68.30K shares

Shares

68.30K

Strike price

0

Held after

0.00

Exercisable

1/24/2026

Restricted Stock Units

Direct
A · Award
Converts to

Common Stock

45.72K shares

Shares

+45.72K

Strike price

0

Held after

45.72K

Exercisable

1/26/2026
Non-Derivative Holdings (Post-Transaction)1

Common Stock

Direct
Shares owned324.14
Total
324.14 direct324.14
Derivative Holdings (Post-Transaction)0
No derivative holdings reported
NARAYEN SHANTANU — Insider Transaction (Form 4) Filed Jan 27, 2026 | Finecho