Salesforce CLO has 8,873 shares withheld for tax

Salesforce President and CLO Niles Sabastian had shares withheld for taxes on a vesting equity award, leaving him with 18,164 directly held shares.

Available on EDGAR 09/16/2026 - 06:23 PM EDT Accepted by SEC EDGAR 09/16/2026 - 06:23 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Salesforce, Inc. (CRM) reported that President and Chief Legal Officer Niles Sabastian had 8,873 shares of common stock withheld on September 15, 2026, to satisfy his tax liability upon vesting and settlement of a performance-based restricted stock unit award. The shares were withheld at $255.65 per share, and he now holds 18,164 common shares directly. No transactions were reported as made under a Rule 10b5-1 trading plan.

Insider Trade Summary

Tax Withholding: 8,873 shares

Tax Withholding 1 txn

Insider Niles Sabastian

Role President and CLO

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock F1	8,873	$255.65	$2.27M

Holdings After Transaction: Common Stock — 18,164 shares (Direct)

Holdings Before and After: Common Stock, 27,037 to 18,164 shares (Direct)

Footnotes (1)

1. F1. Represents shares withheld to satisfy the reporting person's tax liability upon vesting and settlement of shares earned pursuant to a performance-based restricted stock unit award.

Key Figures

Shares withheld for tax liability: 8,873 shares Per-share value used for withholding: $255.65 per share Shares held after transaction: 18,164 shares

3 metrics

Shares withheld for tax liability 8,873 shares Common stock withheld on September 15, 2026 to satisfy tax liability on RSU vesting

Per-share value used for withholding $255.65 per share Value applied to the 8,873 withheld shares on September 15, 2026

Shares held after transaction 18,164 shares Direct holdings of Salesforce common stock by Niles Sabastian following the withholding

Key Terms

performance-based restricted stock unit award, tax liability, vesting and settlement

3 terms

performance-based restricted stock unit award financial

"shares earned pursuant to a performance-based restricted stock unit award"

A performance-based restricted stock unit award is a promise to give company shares to an employee or executive only if the business hits specific targets over a set period. Think of it as a conditional prize that vests like a savings plan: if agreed goals (such as revenue, profit, or stock performance) are met, the recipient receives the shares; if not, they get nothing. Investors pay attention because these awards align management incentives with company results and can affect share count, future earnings and executive behavior.

tax liability financial

"shares withheld to satisfy the reporting person's tax liability upon vesting"

vesting and settlement financial

"tax liability upon vesting and settlement of shares earned"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Salesforce (CRM) report for Niles Sabastian?

Salesforce reported that President and Chief Legal Officer Niles Sabastian had 8,873 shares of common stock withheld on September 15, 2026 to satisfy tax liability arising from a vested performance-based restricted stock unit award.

At what price were Niles Sabastian’s Salesforce (CRM) shares withheld for taxes?

The filing states the 8,873 withheld shares were valued at $255.65 per share for the tax-liability transaction related to the vesting and settlement of a performance-based restricted stock unit award.

How many Salesforce (CRM) shares does Niles Sabastian hold after this transaction?

After the tax-withholding transaction, Niles Sabastian directly holds 18,164 shares of Salesforce common stock, according to the reported post-transaction holdings figure.

Was Niles Sabastian’s Salesforce (CRM) transaction a market sale?

No. The transaction involved shares withheld to satisfy tax liability upon vesting of a performance-based restricted stock unit award, rather than a discretionary open-market sale.

Was the Salesforce (CRM) insider transaction under a Rule 10b5-1 plan?

No. The filing indicates that no Rule 10b5-1 trading plan status applies to this reported tax-withholding transaction by Niles Sabastian.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Niles Sabastian

(Last) (First) (Middle)

415 MISSION STREET

3RD FLOOR

(Street)

SAN FRANCISCO CALIFORNIA 94105

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Salesforce, Inc. [ CRM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CLO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/15/2026		F		8,873(1)	D	$255.65	18,164	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares withheld to satisfy the reporting person's tax liability upon vesting and settlement of shares earned pursuant to a performance-based restricted stock unit award.

	/s/ Sarah Dale, Attorney-in-Fact for Sabastian Niles	09/16/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)