Salesforce President Converts 1,831 Stock Awards
The vesting terms state that 25% of the original grant vests on March 22, 2026, with 1/16 vesting quarterly thereafter.
Rhea-AI Filing Summary
Robin L. Washington, Salesforce, Inc.'s President and COFO, converted 1,831 restricted stock units into 1,831 shares of common stock on September 22, 2026, on a one-for-one basis. The records also report 908 shares withheld to satisfy the reporting person's tax liability at $233.28 per share, and 18,310 restricted stock units following the reported transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,831 shares exercised/converted
Exercise
3 txns
Insider
Washington Robin L
Role
President and COFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F3 | 1,831 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,831 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 908 | $233.28 | $212K |
Holdings After Transaction:
Restricted Stock Units — 18,310 contracts (Direct);
Common Stock — 49,750 shares (Direct)
Footnotes (3)
- F1. Represents shares withheld to satisfy the reporting person's tax liability upon vesting and settlement of a restricted stock unit award.
- F2. Restricted Stock Units convert to shares of common stock on a one-for-one basis.
- F3. 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
Restricted stock units converted: 1,831 units
Common shares acquired: 1,831 shares
Shares withheld for tax liability: 908 shares
+3 more
6 metrics
Restricted stock units converted
1,831 units
September 22, 2026
Common shares acquired
1,831 shares
September 22, 2026
Shares withheld for tax liability
908 shares
Upon vesting and settlement on September 22, 2026
Reported price per share withheld
$233.28 per share
Shares withheld for the reporting person's tax liability
Restricted stock units following transaction
18,310 units
Reported following the September 22, 2026 transaction
Vesting schedule
25% of original grant; 1/16 of original grant quarterly thereafter
The 25% vesting date is March 22, 2026
Key Terms
Restricted Stock Units, one-for-one basis, vest, tax liability
4 terms
Restricted Stock Units financial
"Restricted Stock Units convert to shares of common stock"
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.
one-for-one basis financial
"convert to shares of common stock on a one-for-one basis"
vest financial
"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.
tax liability financial
"withheld to satisfy the reporting person's tax liability"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many Salesforce (CRM) restricted stock units were converted?
Robin L. Washington converted 1,831 restricted stock units into 1,831 common shares on September 22, 2026. The units convert to common stock on a one-for-one basis.
What was the Salesforce (CRM) restricted stock unit vesting schedule?
25% of the original grant vests on March 22, 2026, and 1/16 of the original grant vests quarterly thereafter.
Were the Salesforce (CRM) transactions reported under a Rule 10b5-1 plan?
No Rule 10b5-1 plan is reported for these transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.