Salesforce director converts 441 RSUs to stock

Salesforce, Inc. (CRM) director Oscar Munoz reported an exercise of Restricted Stock Units (RSUs) into common stock.

Rhea-AI Filing Summary

Salesforce, Inc. (CRM) director Oscar Munoz reported an exercise of Restricted Stock Units (RSUs) into common stock. On 2026-08-22, 441 RSUs were converted on a one-for-one basis into 441 shares of common stock at a stated exercise price of $0.00 per share. Following this conversion, Munoz directly holds 13,990 shares of Salesforce common stock. The RSU award vests in four equal installments of 25% of the original grant on each of February 22, 2026, May 22, 2026, August 22, 2026, and November 22, 2026.

Insider Trade Summary

441 shares exercised/converted

Exercise 2 txns

Insider MUNOZ OSCAR

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units F1, F2	441	$0.00	$0.00
Exercise	Common Stock	441	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 441 contracts (Direct); Common Stock — 13,990 shares (Direct)

Footnotes (2)

1. F1. Restricted Stock Units convert to shares of common stock on a one-for-one basis.
2. F2. 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.

Key Figures

RSUs converted: 441 shares Common stock held after transaction: 13,990 shares RSU vesting tranches: 25% each +2 more

5 metrics

RSUs converted 441 shares Restricted Stock Units converted into Salesforce common stock on 2026-08-22

Common stock held after transaction 13,990 shares Directly owned by Oscar Munoz following the 2026-08-22 RSU conversion

RSU vesting tranches 25% each Vesting on Feb 22, 2026; May 22, 2026; Aug 22, 2026; Nov 22, 2026

Exercise price $0.00 per share Stated conversion price for RSUs into common stock

Derivative exercises in filing 441 shares Total shares involved in derivative exercise or conversion transactions

Key Terms

Restricted Stock Units, derivative security, vest

3 terms

Restricted Stock Units financial

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

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

derivative security financial

"transaction_code_description: Exercise or conversion of derivative security"

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

vest financial

"These restricted stock units vest as to 25% of the original grant"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

FAQ

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

What insider transaction did Salesforce (CRM) director Oscar Munoz report?

Oscar Munoz reported an exercise of Restricted Stock Units, converting 441 RSUs into 441 shares of Salesforce common stock on 2026-08-22 at a stated exercise price of $0.00 per share. No open-market purchase or sale was reported in this filing.

How many Salesforce (CRM) shares does Oscar Munoz hold after this Form 4?

After the reported RSU conversion, Oscar Munoz directly holds 13,990 shares of Salesforce common stock. This figure reflects his position immediately following the 441-share RSU conversion reported for 2026-08-22.

What is the size of the RSU grant involved in this Salesforce (CRM) Form 4?

The Form 4 shows 441 Restricted Stock Units converting into 441 shares of Salesforce common stock on 2026-08-22. The RSUs convert on a one-for-one basis, as disclosed in the filing footnotes.

What is the vesting schedule for Oscar Munoz’s Salesforce (CRM) RSUs?

The RSUs vest as to 25% of the original grant on each of February 22, 2026, May 22, 2026, August 22, 2026, and November 22, 2026. Each vested portion converts into Salesforce common stock on a one-for-one basis.

Does this Salesforce (CRM) Form 4 indicate any open-market buying or selling?

No. The Form 4 reports an exercise or conversion of a derivative security (RSUs) into common stock. The filing does not report any open-market purchase or sale transactions; the net effect is a change in form of ownership rather than a market trade.

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

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Available on EDGAR 08/24/2026 - 08:05 PM EDT Accepted by SEC EDGAR 08/24/2026 - 08:05 PM EDT Learn about SEC filing dates

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^*

MUNOZ OSCAR

(Last) (First) (Middle)

BOX 66100 HDQLD

(Street)

CHICAGO ILLINOIS 60606

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/22/2026

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	08/22/2026		M		441	A	$0	13,990	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)	08/22/2026		M			441	02/22/2026(2)	11/22/2026	Common Stock	441	$0	441	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 Oscar Munoz	08/24/2026
	** 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)