secwatch.observer — SEC 8-K summary
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Issuer:     ADOBE INC. (ADBE)
CIK:        0000796343
Form:       8-K
Filed at:   2026-01-27T23:59:59+00:00
Accession:  0000796343-26-000019
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Adobe sets 2026 exec comp: performance shares up to 200% target, cash plan tied to 95% revenue/EPS thresholds
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- CEO Narayen gets 106,672 target performance shares (max 213,344) under 2026 program tied to rTSR and Net New Sales over 2026-2028.
- Annual cash incentive plan requires at least 95% of revenue and EPS targets; payout ranges 0%-155% of salary; CEO target 200% salary (max 310%).
- New Executive Officer Cash Severance Policy caps severance at 2.99x base+bonus without shareholder ratification.
- CFO Durn awarded 27,631 target performance shares; other NEOs (Chakravarthy, Wadhwani) each awarded 42,200 target shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/796343/000079634326000019/0000796343-26-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/796343/000079634326000019/adbe-20260126.htm
  HTML page:      https://secwatch.observer/filing/0000796343-26-000019

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer