Form 8-K Filing for Adobe Inc.

Adobe Inc. has announced a new retention letter for Louise Pentland, its Chief Legal Officer and Executive Vice President. In the event of a termination by the Company without Cause or by Ms. Pentland for Good Reason, she will receive a severance package. This package includes a lump-sum payment equivalent to 12 months of her base salary plus 100% of her target annual bonus. Additionally, Adobe will cover COBRA premiums for up to 12 months post-termination. The agreement also provides for accelerated vesting of certain restricted stock units (RSUs) under specific conditions: 50% of Retention RSUs if termination occurs before July 15, 2027, and full accelerated vesting of other outstanding time-based equity awards as if Ms. Pentland had remained employed through January 31, 2027, if termination occurs before January 31, 2027. These severance protections are temporary and will expire 12 months after the new CEO begins employment. The filing was made on July 17, 2026.