---
schema_version: "secwatch.filing_event.v1"
accession: "0000796343-24-000024"
form_type: "8-K"
ticker: "ADBE"
cik: "0000796343"
company_name: "ADOBE INC."
filed_at: "2024-01-26T23:59:59+00:00"
generated_at: "2026-06-06T16:59:07.247351+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Adobe sets 2024 performance share awards; CEO Narayen target 47,210 shares

## Summary
- CEO Narayen target award 47,210 performance shares; max 94,420; 50% on rTSR vs NASDAQ-100, 50% on net new sales.
- CFO Durn target award 10,408 performance shares; max 20,816; other NEOs get 16,320 (Chakravarthy, Wadhwani) and 9,159 (Belsky).
- Executive Incentive Plan cash bonus targets: 200% of salary for CEO (max 400%), 100% for CFO and presidents (max 200%), based on revenue and non-GAAP EPS.
- Performance shares vest in single installment after Jan 24, 2027, subject to continued service and certification of goals.
- All awards subject to clawback policies under Rule 10D-1 and company's recoupment policy.

## SEC filing metadata
- accession: 0000796343-24-000024
- form_type: 8-K
- ticker: ADBE
- cik: 0000796343
- company_name: ADOBE INC.
- filed_at: 2024-01-26T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/796343/000079634324000024/0000796343-24-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/796343/000079634324000024/adbe-20240124.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000796343-24-000024
- JSON: https://secwatch.observer/filing/0000796343-24-000024.json
- Plain text: https://secwatch.observer/filing/0000796343-24-000024.txt

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