---
schema_version: "secwatch.filing_event.v1"
accession: "0000796343-23-000011"
form_type: "8-K"
ticker: "ADBE"
cik: "0000796343"
company_name: "ADOBE INC."
filed_at: "2023-01-26T23:59:59+00:00"
generated_at: "2026-06-20T08:49:32.365407+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Adobe sets 2023 performance share and annual incentive plans for executives

## Summary
- CEO Narayen gets 82,124 target performance shares; max 164,248; 50% tied to relative TSR vs NASDAQ-100, 50% to Net New Sales.
- CFO Durn gets target 18,105 shares; other NEOs Chakravarthy and Wadhwani each get 28,389 target shares; Belsky gets 15,933.
- Cash incentive plan for FY2023: CEO target 200% of base salary (max 400%); other NEOs target 100% (max 200%); min thresholds: 90% GAAP revenue and non-GAAP EPS.
- Performance shares vest on later of Jan 2026 or final certification; cash awards based on corporate and individual performance results.

## SEC filing metadata
- accession: 0000796343-23-000011
- form_type: 8-K
- ticker: ADBE
- cik: 0000796343
- company_name: ADOBE INC.
- filed_at: 2023-01-26T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/796343/000079634323000011/0000796343-23-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/796343/000079634323000011/adbe-20230124.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000796343-23-000011
- JSON: https://secwatch.observer/filing/0000796343-23-000011.json
- Plain text: https://secwatch.observer/filing/0000796343-23-000011.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.