Adobe Inc. Files 8-K: Officer Changes & Financials

Ticker: ADBE · Form: 8-K · Filed: 2025-01-30T00:00:00.000Z

Sentiment: neutral

Topics: leadership-change, officer-appointment, director-election, financials

Related Tickers: ADBE

TL;DR

Adobe filed an 8-K detailing executive and director changes, plus financials.

AI Summary

Adobe Inc. filed an 8-K on January 30, 2025, reporting events as of January 24, 2025. 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 financial statements and exhibits.

Why It Matters

This filing indicates potential shifts in Adobe's leadership or executive compensation structures, which could impact strategic direction and investor confidence.

Risk Assessment

Risk Level: medium — Changes in directors or officers, especially if related to compensation, can signal internal shifts that may affect company strategy or performance.

Key Players & Entities

FAQ

What specific officer positions were affected by the appointments or departures?

The filing indicates the appointment of certain officers and the departure of certain officers, but does not specify the exact positions in the provided text.

Were there any new directors elected to the board?

Yes, the filing explicitly mentions the 'Election of Directors' as an item of information.

What type of compensatory arrangements were disclosed for officers?

The filing mentions 'Compensatory Arrangements of Certain Officers,' suggesting details regarding their compensation were included.

Does this 8-K filing include any financial statements?

Yes, the filing explicitly lists 'Financial Statements and Exhibits' as an item of information.

What is Adobe Inc.'s state of incorporation and fiscal year end?

Adobe Inc. is incorporated in Delaware and its fiscal year ends on November 29 (1129).

From the Filing

0000796343-25-000036.txt : 20250130 0000796343-25-000036.hdr.sgml : 20250130 20250130161712 ACCESSION NUMBER: 0000796343-25-000036 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 19 CONFORMED PERIOD OF REPORT: 20250124 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250130 DATE AS OF CHANGE: 20250130 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: 25573963 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-20250124.htm 8-K adbe-20250124 0000796343 false 0000796343 2024-01-24 2024-01-24 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): January 24, 2025 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. (b) On January 24, 2025, Scott Belsky notified Adobe Inc. (the “Company” or “Adobe”) of his decision to resign as Chief Strategy Officer and Executive Vice President, Design & Emerging Products, effective March 15, 2025, to pursue another career opportunity. (e)     2025 Performance Share Program On January 24, 2025, the Executive Compensation Committee (the “Committee”) of the Board of Dire

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