Salesforce (CRM) president Robin Washington settles RSUs, withholds 908 shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Salesforce, Inc. director and President/COFO Robin L. Washington reported routine equity compensation activity. On June 22, 2026, 1,831 Restricted Stock Units converted into the same number of common shares. To cover related tax obligations, 908 shares of common stock were withheld at $150.12 per share.
After these transactions, Washington held 48,827 shares of Salesforce common stock directly. The RSUs convert to common stock on a one-for-one basis and vest 25% of the original grant on March 22, 2026, with the remaining 75% vesting in equal quarterly installments thereafter.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,831 shares exercised/converted
Mixed
3 txns
Insider
Washington Robin L
Role
President and COFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,831 | $0.00 | -- |
| Exercise | Common Stock | 1,831 | $0.00 | -- |
| Tax Withholding | Common Stock | 908 | $150.12 | $136K |
Holdings After Transaction:
Restricted Stock Units — 20,141 shares (Direct, null);
Common Stock — 49,735 shares (Direct, null)
Footnotes (1)
- Represents shares withheld to satisfy the reporting person's tax liability upon vesting and settlement of a restricted stock unit award. 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 March 22, 2026 and vest as to 1/16 of the original grant quarterly thereafter.
Key Figures
Shares withheld for taxes: 908 shares at $150.12
RSUs converted: 1,831 RSUs
Common shares held after transactions: 48,827 shares
+3 more
6 metrics
Shares withheld for taxes
908 shares at $150.12
Common stock withheld to satisfy tax liability on June 22, 2026
RSUs converted
1,831 RSUs
Restricted Stock Units converting one-for-one into common stock on June 22, 2026
Common shares held after transactions
48,827 shares
Direct ownership of Salesforce common stock following reported Form 4 activity
Common shares after RSU conversion
49,735 shares
Direct common stock position immediately after RSU conversion and before tax withholding
Remaining RSUs after transaction
20,141 RSUs
Restricted Stock Units position after 1,831-unit conversion
RSU vesting schedule
25% on March 22, 2026
Initial vesting tranche of the original RSU grant, with remaining vesting quarterly
Key Terms
Restricted Stock Units, tax liability, Exercise or conversion of derivative security, Payment of exercise price or tax liability by delivering securities, +1 more
5 terms
Restricted Stock Units financial
"Represents shares withheld to satisfy the reporting person's tax liability upon vesting and settlement of a restricted stock unit award."
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.
tax liability financial
"Represents shares withheld to satisfy the reporting person's tax liability upon vesting and settlement of a restricted stock unit award."
Exercise or conversion of derivative security financial
"Exercise or conversion of derivative security"
Payment of exercise price or tax liability by delivering securities financial
"Payment of exercise price or tax liability by delivering securities"
vest financial
"These restricted stock units vest as to 25% of the original grant on March 22, 2026 and vest as to 1/16 of the original grant quarterly thereafter."
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 transactions did Salesforce (CRM) President Robin Washington report?
Robin Washington reported routine equity compensation activity, including 1,831 Restricted Stock Units converting into common stock and 908 shares withheld to cover tax obligations. These transactions reflect vesting and settlement of RSU awards rather than open-market buying or selling of Salesforce shares.
What does the tax-withholding disposition mean in the Salesforce (CRM) filing?
The tax-withholding disposition means 908 shares of Salesforce common stock were withheld to satisfy Robin Washington’s tax liability upon RSU vesting and settlement. This mechanism pays taxes using shares rather than cash and is common for equity-based executive compensation.
How do Robin Washington’s Salesforce (CRM) RSUs vest over time?
The RSU grant vests 25% of the original award on March 22, 2026, with the remaining 75% vesting in equal 1/16 portions quarterly thereafter. As each portion vests, the Restricted Stock Units convert one-for-one into Salesforce common stock according to the grant terms.