Form 4: Adobe SVP Gifts Shares Under 10b5-1 Plan

Adobe's Senior Vice President and Chief Accounting Officer, Jillian Forusz, gifted 550 shares of common stock on December 24, 2025, under a pre-arranged Rule 10b5-1 plan.

Summary

• Jillian Forusz, Senior Vice President and Chief Accounting Officer (SVP & CAO) of Adobe Inc., reported a transaction.
• The transaction involved the disposition of 550 shares of Adobe Common Stock.
• The shares were gifted (Transaction Code 'G') on December 24, 2025, at a price of $0 per share.
• The transaction was made pursuant to a Rule 10b5-1(c) plan.
• Following this transaction, Jillian Forusz beneficially owns 3,109.156 shares of Adobe Common Stock directly.

Sentiment

Score: 5

Explanation: The filing reports a routine insider gift of shares, which is generally considered neutral in terms of market sentiment as it does not involve a sale for cash or indicate a change in the company's operational performance or outlook.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding Adobe's future performance or outlook.

Industry Context

This is a routine insider transaction filing (Form 4) reporting a gift of shares by a corporate officer. Such transactions are common and typically reflect personal financial planning rather than a change in company fundamentals or strategic direction. The use of a Rule 10b5-1 plan indicates the transaction was pre-scheduled, aiming to avoid accusations of trading on material non-public information.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a small, routine insider gift and does not reflect a change in company fundamentals.
• Reporting Person: Jillian Forusz's direct beneficial ownership of Adobe common stock decreased by 550 shares.

Key Dates

Keywords

Adobe, ADBE, Insider Transaction, Form 4, Stock Gift, Jillian Forusz, Rule 10b5-1