CRM insider filing: Parker Harris RSU conversion and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Salesforce (CRM): Parker Harris filed a Form 4 detailing RSU activity. On 10/22/2025, 1,786 shares of common stock were acquired at $0 from restricted stock units (Code M), and 886 shares were withheld (Code F) at $256.64 to cover taxes. Following these transactions, direct ownership stands at 139,767 shares.
Indirect holdings are also reported, including 930,987 shares by The G. Parker Harris III & Holly L. Johnson Family Trust and 115,840 shares by an LLC managed by the reporting person and spouse. The RSUs convert one-for-one into common stock and vest 25% on April 22, 2024, with 1/16 of the original grant vesting quarterly thereafter.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,786 shares exercised/converted
Mixed
10 txns
Insider
Harris Parker
Role
Co-Founder and CTO, Slack
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,786 | $0.00 | -- |
| Exercise | Common Stock | 1,786 | $0.00 | -- |
| Tax Withholding | Common Stock | 886 | $256.64 | $227K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 10,712 shares (Direct);
Common Stock — 140,653 shares (Direct);
Common Stock — 930,987 shares (Indirect, By HJ Family Trust)
Footnotes (1)
- Represents shares withheld to satisfy the reporting person's tax liability upon vesting and settlement of a restricted stock unit award. Shares held in The G. Parker Harris III & Holly L. Johnson Family Trust. The reported securities are held by an LLC that is managed by the reporting person and his spouse. Restricted Stock Units convert to shares of common stock on a one-for-one basis. These restricted stock units vest as to 25% of the original grant on April 22, 2024 and vest as to 1/16 of the original grant quarterly thereafter.
FAQ
What did Parker Harris report in Salesforce (CRM) Form 4?
On 10/22/2025, 1,786 shares were acquired via RSU conversion at $0 (Code M), and 886 shares were withheld at $256.64 (Code F) for taxes.
What indirect Salesforce (CRM) holdings were disclosed?
Indirect holdings include 930,987 shares by The G. Parker Harris III & Holly L. Johnson Family Trust and 115,840 shares by an LLC managed by the reporting person and spouse.
What are the RSU terms mentioned in the filing?
RSUs convert one-for-one into common stock and vest 25% on April 22, 2024, with 1/16 of the original grant vesting quarterly thereafter.
What do transaction codes M and F indicate in this filing?
Code M reflects shares acquired upon RSU settlement; Code F reflects shares withheld to satisfy tax liabilities.
What price was used for the tax withholding transaction?
Shares were withheld at a price of $256.64 to cover taxes.