Salesforce (NYSE: CRM) insider plans 5,250-share stock sale
Rhea-AI Filing Summary
Salesforce, Inc. (CRM) received a notice that insider Sundeep Gavva Reddy intends to sell Salesforce common stock under Rule 144. The planned sale involves 5,250 shares of common stock held in an account at Morgan Stanley Smith Barney LLC Executive Financial Services. These shares were acquired upon vesting of restricted stock and Performance Shares, with vesting occurring between December 22, 2023 and July 22, 2025. The notice of proposed sale is dated August 27, 2026.
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Key Figures
Shares of common stock to be sold: 5,250 shares
Initial vesting date: December 22, 2023
Final vesting date: July 22, 2025
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4 metrics
Shares of common stock to be sold
5,250 shares
Planned sale of Salesforce, Inc. common stock under Rule 144 for Sundeep Gavva Reddy
Initial vesting date
December 22, 2023
Start of vesting period for restricted stock and Performance Shares underlying the planned sale
Final vesting date
July 22, 2025
End of vesting period for restricted stock and Performance Shares referenced in the remarks
Date of notice
August 27, 2026
Date on which the notice of proposed sale of Salesforce common stock is dated
Key Terms
Rule 144, restricted stock, Performance Shares, Executive Financial Services
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
restricted stock financial
"acquired upon the vesting of restricted stock and Performance Shares"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Executive Financial Services financial
"Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza"
FAQ
What does the Form 144 filing indicate for Salesforce (CRM)?
The filing indicates that Sundeep Gavva Reddy plans to sell 5,250 shares of Salesforce common stock under Rule 144. The shares were acquired through vesting of restricted stock and Performance Shares, and the notice of sale is dated August 27, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.