WADHWANI DAVID (EVP, CBO Digital Media) exercised options at ADOBE INC.

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

M · 3 exercises

WADHWANI DAVID

Filed: 1/16/2026ACC: 0000796343-26-000012

InsiderWADHWANI DAVIDCIK 1494665

→

IssuerADOBE INC.CIK 796343

Officer· EVP, CBO Digital Media

Since Jun 2021

+17.36K

Net shares

Net buyer

$207.7K

Total sold

Open market trades

0B · 0S

Total transactions

19.94K acquired · 2.58K disposed

Non-Derivative Transactions6

Common Stock

Direct

M · Option Exercise

+761.00

Price / share

—

Trade value

—

% of position

2.9%

1/15/2026

26.10K→26.86K

Common Stock

Direct

F · Tax Withholding

−292.00

Price / share

$304.09

Trade value

$88.79K

% of position

1.1%

1/15/2026

26.86K→26.57K

Common Stock

Direct

M · Option Exercise

+438.00

Price / share

—

Trade value

—

% of position

1.6%

1/15/2026

26.57K→27.01K

Common Stock

Direct

F · Tax Withholding

−151.00

Price / share

$304.09

Trade value

$45.92K

% of position

0.6%

1/15/2026

27.01K→26.86K

Common Stock

Direct

M · Option Exercise

+696.00

Price / share

—

Trade value

—

% of position

2.6%

1/15/2026

26.86K→27.55K

Common Stock

Direct

F · Tax Withholding

−240.00

Price / share

$304.09

Trade value

$72.98K

% of position

0.9%

1/15/2026

27.55K→27.31K

Total

Net shares

+1.21K

Net value

-$207.69K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	1/15/2026	M · Option Exercise	+761.00	—	—	2.9%	26.10K	26.86K
Common Stock Direct	1/15/2026	F · Tax Withholding	−292.00	$304.09	$88.79K	1.1%	26.86K	26.57K
Common Stock Direct	1/15/2026	M · Option Exercise	+438.00	—	—	1.6%	26.57K	27.01K
Common Stock Direct	1/15/2026	F · Tax Withholding	−151.00	$304.09	$45.92K	0.6%	27.01K	26.86K
Common Stock Direct	1/15/2026	M · Option Exercise	+696.00	—	—	2.6%	26.86K	27.55K
Common Stock Direct	1/15/2026	F · Tax Withholding	−240.00	$304.09	$72.98K	0.9%	27.55K	27.31K
Total			+1.21K		-$207.69K

Derivative Transactions6

Restricted Stock Units

Direct

A · Award

Converts to

Common Stock

11.07K shares

+11.07K

Strike price

Held after

11.07K

Exercisable

—

1/14/2026

Restricted Stock Units

Direct

A · Award

Converts to

Common Stock

2.69K shares

+2.69K

Strike price

Held after

2.69K

Exercisable

—

1/14/2026

Restricted Stock Units

Direct

A · Award

Converts to

Common Stock

4.28K shares

+4.28K

Strike price

Held after

4.28K

Exercisable

—

1/14/2026

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

761.00 shares

−761.00

Strike price

Held after

3.04K

Exercisable

—

1/15/2026

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

438.00 shares

−438.00

Strike price

Held after

3.50K

Exercisable

—

1/15/2026

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

696.00 shares

−696.00

Strike price

Held after

8.35K

Exercisable

—

1/15/2026

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Restricted Stock Units Direct	Common Stock11.07K shares	1/14/2026	A · Award	+11.07K	—	11.07K
Restricted Stock Units Direct	Common Stock2.69K shares	1/14/2026	A · Award	+2.69K	—	2.69K
Restricted Stock Units Direct	Common Stock4.28K shares	1/14/2026	A · Award	+4.28K	—	4.28K
Restricted Stock Units Direct	Common Stock761.00 shares	1/15/2026	M · Option Exercise	−761.00	—	3.04K
Restricted Stock Units Direct	Common Stock438.00 shares	1/15/2026	M · Option Exercise	−438.00	—	3.50K
Restricted Stock Units Direct	Common Stock696.00 shares	1/15/2026	M · Option Exercise	−696.00	—	8.35K

Non-Derivative Holdings (Post-Transaction)1

Common Stock

Indirect

Shares owned355.00

Total

355.00 indirect355.00

Security Title	Shares Owned	Ownership Type
Common Stock	355.00	Indirect
Total	355.00	355.00 indirect

Derivative Holdings (Post-Transaction)0

No derivative holdings reported