Adobe Inc. Files 8-K on Officer Changes and Shareholder Votes

Ticker: ADBE · Form: 8-K · Filed: 2024-04-19T00:00:00.000Z

Sentiment: neutral

Topics: corporate-governance, officer-changes, shareholder-vote

Related Tickers: ADBE

TL;DR

Adobe filed an 8-K detailing executive changes and upcoming shareholder votes.

AI Summary

Adobe Inc. filed an 8-K on April 19, 2024, reporting on events that occurred on April 17, 2024. The filing covers the departure of directors or certain officers, the election of directors, the appointment of certain officers, and compensatory arrangements for certain officers. It also includes the submission of matters to a vote of security holders and financial statements and exhibits.

Why It Matters

This filing provides crucial updates on Adobe's corporate governance and executive appointments, which can impact investor confidence and strategic direction.

Risk Assessment

Risk Level: low — This is a routine corporate filing detailing standard board and officer changes, not indicating immediate financial distress or significant operational shifts.

Key Players & Entities

FAQ

What specific officer positions were affected by the changes reported in this 8-K?

The filing indicates changes related to 'Departure of Directors or Certain Officers' and 'Appointment of Certain Officers,' but the specific positions are not detailed in the provided excerpt.

Were there any new directors elected to the board?

Yes, the filing explicitly mentions 'Election of Directors' as a reported item.

What type of compensatory arrangements were discussed for officers?

The filing notes 'Compensatory Arrangements of Certain Officers' but does not provide specific details on the nature of these arrangements in the excerpt.

Did Adobe submit any matters for a vote of its security holders?

Yes, the filing states that 'Submission of Matters to a Vote of Security Holders' is an item reported.

What financial information is included with this 8-K filing?

The filing indicates that 'Financial Statements and Exhibits' are included.

From the Filing

0000796343-24-000086.txt : 20240419 0000796343-24-000086.hdr.sgml : 20240419 20240419160957 ACCESSION NUMBER: 0000796343-24-000086 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20240417 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Submission of Matters to a Vote of Security Holders ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240419 DATE AS OF CHANGE: 20240419 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ADOBE INC. CENTRAL INDEX KEY: 0000796343 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] ORGANIZATION NAME: 06 Technology IRS NUMBER: 770019522 STATE OF INCORPORATION: DE FISCAL YEAR END: 1129 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-15175 FILM NUMBER: 24857840 BUSINESS ADDRESS: STREET 1: 345 PARK AVE CITY: SAN JOSE STATE: CA ZIP: 95110-2704 BUSINESS PHONE: 4085366000 MAIL ADDRESS: STREET 1: 345 PARK AVENUE CITY: SAN JOSE STATE: CA ZIP: 95110-2704 FORMER COMPANY: FORMER CONFORMED NAME: ADOBE SYSTEMS INC DATE OF NAME CHANGE: 19940208 8-K 1 adbe-20240417.htm 8-K adbe-20240417 0000796343 false 0000796343 2024-04-17 2024-04-17 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________ FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (date of earliest event reported): April 19, 2024 ( April 17, 2024 ) ADOBE INC. (Exact name of registrant as specified in its charter) Delaware 0-15175 77-0019522 (State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification No.) 345 Park Avenue San Jose , California 95110-2704 (Address of principal executive offices and zip code) Registrant’s telephone number, including area code: ( 408 ) 536-6000 Not Applicable (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of Each Class Trading Symbol Name of Each Exchange on Which Registered Common Stock, $0.0001 par value per share ADBE NASDAQ Global Select Market Indicate by check mark whether the Registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company       ☐ If an emerging growth company, indicate by check mark if the Registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.   ☐ Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (e)    Amendment and Restatement of 2019 Equity Incentive Plan On April 17, 2024, at the 2024 Annual Meeting of Stockholders (the " Annual Meeting ") of Adobe Inc. (the " Company "), the Company’s stockholders approved the Adobe Inc. 2019 Equity Incentive Plan, as amended (the “ 2019 Plan ”), to increase the available share

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