Salesforce (CRM) president gains major option and RSU awards in 2026 filing

Rhea-AI Filing Summary

Salesforce, Inc. President and CLO Niles Sabastian reported equity compensation and related vesting activity. He exercised restricted stock units into 5,083 shares of common stock on March 22, 2026, with 2,281 shares withheld at $195.38 per share to cover tax obligations.

He also received a grant of 32,418 performance stock options with a $280.62 exercise price and 26,144 new restricted stock units, all tied to multi-year performance and service-based vesting schedules. Following these transactions, he directly held 24,644 shares of common stock, reflecting net acquisition rather than open-market buying or selling.

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

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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)
03/22/2026

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	03/22/2026		M		1,015	A	$0	6,773	D
Common Stock	03/22/2026		F(1)		410	D	$195.38	6,363	D
Common Stock	03/22/2026		M		4,068	A	$0	10,431	D
Common Stock	03/22/2026		F(1)		1,871	D	$195.38	8,560	D
Common Stock	03/22/2026		A(2)		16,084	A	$0	24,644	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(3)	03/22/2026		M			1,015	03/22/2025(4)	03/22/2028	Common Stock	1,015	$0	8,124	D
Restricted Stock Units	$0(3)	03/22/2026		M			4,068	03/22/2026(5)	03/22/2029	Common Stock	4,068	$0	12,207	D
Performance Stock Option	$280.62	03/22/2026		A(6)		32,418		03/22/2026	03/22/2032	Common Stock	32,418	$0	32,418	D
Restricted Stock Units	$0(3)	03/22/2026		A		26,144		03/22/2027(7)	03/22/2030	Common Stock	26,144	$0	26,144	D

Explanation of Responses:

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

2. This represents the number of shares subject to the new-hire performance-based restricted stock unit ("PRSU") award that were earned based on the achievement of certain performance criteria over a three-year performance period that ended on January 31, 2026. On March 22, 2026, the Compensation Committee certified that certain performance criteria with respect to the performance period were achieved, and the number of shares reported in column 4 are scheduled to vest on September 15, 2026, subject to the holder's continued employment through such date.

3. Restricted Stock Units convert to shares of common stock on a one-for-one basis.

4. These restricted stock units vest as to 25% of the original grant on March 22, 2025 and vest as to 1/16 of the original grant quarterly thereafter.

5. These restricted stock snits vest as to 25% of the original grant on March 22, 2026 and vest as to 1/16 of the original grant quarterly thereafter.

6. This represents the number of shares subject to fiscal year 2026 performance option that were earned based upon the achievement of applicable performance criteria with a performance period that ended on January 31, 2026. 25% of the earned option shares will become vested on March 22, 2026, with the remaining option shares becoming vested in equal monthly installments over the following 36 months, subject to the holder's continued service through each such date.

7. These restricted stock units vest as to 25% of the original grant on March 22, 2027 and vest as to 1/16 of the original grant quarterly thereafter.

	/s/ Sarah Dale, Attorney-in-Fact for Sabastian Niles	03/24/2026
	** 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)

FAQ

What transactions did Salesforce (CRM) executive Niles Sabastian report?

Niles Sabastian reported equity compensation activity, including RSU vesting into 5,083 common shares and tax withholding of 2,281 shares. He also received 32,418 performance stock options and 26,144 new RSUs, all as part of his incentive compensation structure.

How many Salesforce (CRM) shares does Niles Sabastian hold after these transactions?

After the reported transactions, Niles Sabastian directly holds 24,644 shares of Salesforce common stock. This reflects RSU conversions into shares, tax-withholding dispositions, and a new grant of 16,084 common shares, showing a net increase in his direct equity stake.

Were any of Niles Sabastian’s Salesforce (CRM) transactions open-market sales or purchases?

No open-market purchases or sales were reported. Activity consisted of RSU conversions to common stock, tax withholding dispositions at $195.38 per share, and grants of performance stock options and restricted stock units as part of compensation arrangements.

What performance-based awards did Salesforce (CRM) grant to Niles Sabastian?

He received 32,418 performance stock options with a $280.62 exercise price and 26,144 performance-based RSUs. These were earned based on fiscal 2026 performance criteria and will vest over time, subject to continued employment and specified vesting schedules.

How were taxes handled on Niles Sabastian’s Salesforce (CRM) RSU vesting?

To satisfy tax liabilities from RSU vesting, 2,281 shares of Salesforce common stock were withheld at $195.38 per share. This withholding is a non-market disposition method commonly used to cover income and payroll taxes on equity compensation.

What vesting schedule applies to Niles Sabastian’s new Salesforce (CRM) RSUs?

The RSUs follow a service-based vesting pattern: 25% of the original grants vest on specific March 22 anniversaries, with the remaining 75% vesting in equal quarterly installments, provided he remains employed through each vesting date.