STOCK TITAN

Salesforce (CRM) director Donald converts 442 RSUs into common stock

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Salesforce, Inc. director Arnold W. Donald reported acquiring shares through the exercise of restricted stock units. On February 22, 2026, 442 restricted stock units were converted into 442 shares of common stock at a price of $0.00 per share, reflecting a derivative exercise rather than an open-market purchase. Following these transactions, 1,324 restricted stock units remained directly held and 4,973 common shares were indirectly held through the Arnold W. Donald Rev Trust. The restricted stock units vest in four equal 25% installments on February 22, 2026, May 22, 2026, August 22, 2026, and November 22, 2026, converting one-for-one into common shares as they vest.

Positive

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Negative

  • None.
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*
DONALD ARNOLD W

(Last) (First) (Middle)
415 MISSION STREET
3RD FLOOR

(Street)
SAN FRANCISCO CA 94105

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Salesforce, Inc. [ CRM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/22/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 02/22/2026 M 442 A $0 4,973 I By Arnold W. Donald Rev Trust
Common Stock 161 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
Restricted Stock Units $0(1) 02/22/2026 M 442 02/22/2026(2) 11/22/2026 Common Stock 442 $0 1,324 D
Explanation of Responses:
1. Restricted Stock Units convert to shares of common stock on a one-for-one basis.
2. These restricted stock units vest as to 25% of the original grant on each of February 22, 2026, May 22, 2026, August 22, 2026, and November 22, 2026.
/s/ Sarah Dale, Attorney-in-Fact for Arnold Donald 02/23/2026
** 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.

FAQ

What insider transaction did Salesforce (CRM) director Arnold W. Donald report?

Arnold W. Donald reported acquiring Salesforce shares via restricted stock unit conversion. On February 22, 2026, 442 restricted stock units converted into 442 common shares at $0.00 per share, reflecting a derivative exercise rather than an open-market buy or sell transaction.

How many Salesforce (CRM) restricted stock units does Arnold W. Donald hold after this Form 4?

After the reported transactions, Arnold W. Donald directly holds 1,324 restricted stock units. These units represent a right to receive Salesforce common shares on a one-for-one basis as they vest over time according to the disclosed vesting schedule.

How many Salesforce (CRM) shares are indirectly owned through Arnold W. Donald’s trust?

The filing shows 4,973 Salesforce common shares indirectly owned through the Arnold W. Donald Rev Trust. This indicates trust-level ownership rather than direct personal share registration, as reflected in the indirect ownership coding on the Form 4 transactions.

What is the vesting schedule for Arnold W. Donald’s Salesforce (CRM) restricted stock units?

The restricted stock units vest in four equal 25% installments. Vesting dates are February 22, 2026, May 22, 2026, August 22, 2026, and November 22, 2026, with each vested unit converting into one Salesforce common share upon vesting.

At what rate do Salesforce (CRM) restricted stock units convert into common stock for Arnold W. Donald?

The restricted stock units convert into Salesforce common stock on a one-for-one basis. Each vested unit becomes one share of common stock, consistent with the footnote disclosure attached to the restricted stock unit awards in the Form 4.

Did Arnold W. Donald buy or sell Salesforce (CRM) shares on the open market in this Form 4?

The Form 4 reflects derivative exercises, not open-market trades. Code “M” denotes exercise or conversion of restricted stock units at $0.00 per share, so the filing shows equity awards converting into shares instead of discretionary buying or selling on the market.
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