AMON CRISTIANO R 4

What Happened

• Cristiano Amon, a director of Adobe Inc. (ADBE), had derivative activity on April 15, 2026: he exercised/converted 900 derivative shares (reported at $0.00) and simultaneously disposed of 900 shares (reported at $0.00). He also acquired 1,367 shares through an award (RSUs) reported at $0.00. The RSU award vested in full on April 15, 2026. The exercise/disposition resulted in no net long-term share purchase from the exercise itself; the vested RSUs represent the net share acquisition.

Key Details

• Transaction date: April 15, 2026; Form 4 filed April 17, 2026 (appears timely).
• Exercise/Conversion (M): 900 shares acquired at $0.00 and 900 shares disposed at $0.00 (derivative exercise followed by disposition).
• Grant/Award (A): 1,367 RSUs acquired at $0.00; Footnote F1: this RSU award vested in full on April 15, 2026. (Footnote F2: another award vests 100% on the day of the issuer’s next annual meeting.)
• Shares owned after the transactions: not specified in the supplied summary of the filing.
• No 10b5-1 plan, tax-withholding sale, or late filing was indicated in the provided details.

Context

• For retail investors: the filing shows a routine option/derivative exercise with an immediate sale of the exercised shares (often a cashless exercise or sale to cover taxes/fees), plus receipt of vested RSUs. Exercises followed immediately by disposals typically do not increase an insider’s long-term stake, whereas vested RSUs do increase reported holdings. These filings are factual records of transactions and do not by themselves indicate the insider’s future view of the company.