Adobe (ADBE) Chief Legal Officer Adele Pentland Receives Award

What Happened

• Adele Louise Pentland, Chief Legal Officer & EVP of Adobe (ADBE), was granted 20,933 derivative shares (award code A) on 2026-01-26. The grant was reported at a $0.00 per-share acquisition price (no cash paid at grant). This is a compensation award, not an open‑market purchase or sale.

Key Details

• Transaction date and price: 2026-01-26, 20,933 shares @ $0.00 (derivative award).
• Vesting: Footnote F1 — vests 6.25% quarterly beginning from the vesting commencement date of January 15, 2026.
• Shares owned after transaction: Not specified in the provided filing.
• Filing timeliness: Reported on 2026-01-27 for a 2026-01-26 transaction (filed promptly, not marked late).
• Transaction type code: A = Grant/Award (derivative instrument likely RSUs or similar).

Context

• This is a time‑based compensation award that will convert into shares (or settle) as it vests; such grants are routine for executive pay and do not by themselves indicate buying or selling intent.