Salesforce (NYSE: CRM) director now holds 14,572 shares
Rhea-AI Filing Summary
Salesforce, Inc. (CRM) director Kirk David Blair reported the exercise and conversion of 441 Restricted Stock Units into 441 shares of common stock on August 22, 2026. The RSUs convert to common stock on a one-for-one basis and vest in four equal 25% installments on February 22, May 22, August 22, and November 22, 2026. Following this transaction, Blair directly holds 14,572 shares of Salesforce common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 441 shares
Net Buy
2 txns
Insider
Kirk David Blair
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 shares (Direct);
Common Stock — 14,572 shares (Direct)
Footnotes (2)
- F1. Restricted Stock Units convert to shares of common stock on a one-for-one basis.
- 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
Restricted Stock Units exercised: 441 shares
Common Stock acquired: 441 shares
Shares held after transaction: 14,572 shares
+3 more
6 metrics
Restricted Stock Units exercised
441 shares
RSUs converted to common stock on August 22, 2026
Common Stock acquired
441 shares
Shares received from RSU conversion on August 22, 2026
Shares held after transaction
14,572 shares
Direct ownership by Kirk David Blair following the Form 4 transactions
Conversion or exercise price
$0.00 per unit
Restricted Stock Units convert to common stock on a one-for-one basis
RSU vesting schedule
25% on each of Feb 22, May 22, Aug 22, Nov 22, 2026
Four equal vesting installments of the original RSU grant
Exercise or conversion count
1 transaction; 441 shares
Summary of derivative exercise activity in this Form 4
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"
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
What insider transaction did Salesforce (CRM) director Kirk David Blair report?
Kirk David Blair reported exercising 441 Restricted Stock Units that converted into 441 shares of Salesforce common stock on August 22, 2026, through an exercise or conversion of a derivative security at a stated price of $0.00 per share.
What are the vesting terms of Kirk David Blair’s Restricted Stock Units in Salesforce (CRM)?
The 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, with each vested portion converting into an equal number of Salesforce common shares.
What does the Form 4 show about derivative security activity for Salesforce (CRM)?
The Form 4 shows one derivative transaction: an exercise or conversion of 441 Restricted Stock Units into 441 common shares of Salesforce at a stated conversion or exercise price of $0.00 per unit on August 22, 2026.
Was the Salesforce (CRM) Form 4 transaction under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not checked (aff_10b5_one is false), and the footnotes do not mention a trading plan, so the transactions are not identified as being made pursuant to a Rule 10b5-1 plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
