Adobe 8-K: Officer/Director Changes, Compensation & Exhibits Reported
Ticker: ADBE · Form: 8-K · Filed: 2024-01-26T00:00:00.000Z
Sentiment: neutral
Topics: executive-change, compensation, corporate-governance
TL;DR
**Adobe filed an 8-K about executive changes and compensation, check the full report for details.**
AI Summary
Adobe Inc. filed an 8-K on January 26, 2024, reporting an event that occurred on January 24, 2024. This filing indicates a change in 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers' and 'Financial Statements and Exhibits'. While the specific details of the changes are not provided in this excerpt, investors should pay attention to the full filing to understand any executive or board changes and their potential impact on company strategy and performance, which could affect stock value.
Why It Matters
Changes in leadership or executive compensation can signal shifts in company direction or financial health, directly influencing investor confidence and stock performance.
Risk Assessment
Risk Level: medium — The filing indicates changes in leadership or compensation, which can be either positive or negative depending on the specifics, thus presenting a medium risk until more details are known.
Analyst Insight
A smart investor would immediately seek out the full 8-K filing to understand the specific details of the reported officer/director changes and compensatory arrangements, as these could significantly impact future company performance and stock valuation.
Key Players & Entities
- ADOBE INC. (company) — the registrant filing the 8-K
- January 26, 2024 (date) — date of the 8-K filing
- January 24, 2024 (date) — date of the earliest event reported in the 8-K
- 0000796343 (company) — Adobe Inc.'s Central Index Key (CIK)
- Delaware (company) — state of incorporation for Adobe Inc.
- 0-15175 (company) — Commission File Number for Adobe Inc.
- 77-0019522 (company) — I.R.S. Employer Identification No. for Adobe Inc.
- 345 Park Avenue, San Jose, California 95110-2704 (company) — principal executive offices address for Adobe Inc.
- (408) 536-6000 (company) — telephone number for Adobe Inc.
- ADBE (company) — trading symbol for Adobe Inc. Common Stock
FAQ
What is the purpose of this 8-K filing by Adobe Inc.?
This 8-K filing by Adobe Inc. is a 'Current Report' pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934, specifically reporting on 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers' and 'Financial Statements and Exhibits'.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on January 24, 2024, although the report itself was filed on January 26, 2024.
What is Adobe Inc.'s trading symbol and on which exchange is its common stock registered?
Adobe Inc.'s common stock has the trading symbol ADBE and is registered on the NASDAQ Global Select Market.
What is the address of Adobe Inc.'s principal executive offices?
The principal executive offices of Adobe Inc. are located at 345 Park Avenue, San Jose, California 95110-2704.
What specific items are mentioned in the 'ITEM INFORMATION' section of this 8-K?
The 'ITEM INFORMATION' section mentions 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers' and 'Financial Statements and Exhibits'.
Filing Stats: 2,197 words · 9 min read · ~7 pages · Grade level 15.6 · Accepted 2024-01-26 16:08:26
Key Financial Figures
- $0.0001 — ange on Which Registered Common Stock, $0.0001 par value per share ADBE NASDAQ Global
Filing Documents
- adbe-20240124.htm (8-K) — 72KB
- adbeex10212624.htm (EX-10.2) — 170KB
- adbeex10312624.htm (EX-10.3) — 266KB
- adbeex10412624.htm (EX-10.4) — 44KB
- image_0.jpg (GRAPHIC) — 143KB
- 0000796343-24-000024.txt ( ) — 988KB
- adbe-20240124.xsd (EX-101.SCH) — 2KB
- adbe-20240124_def.xml (EX-101.DEF) — 13KB
- adbe-20240124_lab.xml (EX-101.LAB) — 28KB
- adbe-20240124_pre.xml (EX-101.PRE) — 15KB
- adbe-20240124_htm.xml (XML) — 3KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Incorporated by Reference Exhibit Number Exhibit Description Form Filing Date Number SEC File No. Filed Herewith 10.1 2019 Equity Incentive Plan, as amended 8-K 4/24/23 10.1 000-15175 10.2 202 4 Performance Share Program X 10.3 Form of 202 4 Performance Share Award Grant Notice and Award Agreement pursuant to 202 4 Performance Share Program X 10.4 202 4 Executive Annual Incentive Plan X 104 Cover Page Interactive Data File (the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document) 5
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ADOBE INC. Date: January 26, 2024 By: /s/ Dana Rao Dana Rao Executive Vice President, General Counsel & Chief Trust Officer and Corporate Secretary 6