Salesforce (CRM) director Amy Chang converts 424 RSUs on Form 4

Salesforce, Inc. director Amy Chang reported the vesting and settlement of restricted stock units into common stock.

Rhea-AI Filing Summary

Salesforce, Inc. director Amy Chang reported the vesting and settlement of restricted stock units into common stock. On 11/22/2025, 424 restricted stock units were converted to 424 shares of Salesforce common stock at a price of $0 per share. Following this transaction, Amy Chang beneficially owned 848 shares of Salesforce common stock in direct ownership. The filing notes that these restricted stock units convert to common stock on a one-for-one basis and that the original grant vests in two equal installments on August 22, 2025 and November 22, 2025.

Insider Trade Summary

424 shares exercised/converted

Exercise 2 txns

Insider Chang Amy

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	424	$0.00	$0.00
Exercise	Common Stock	424	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 0 contracts (Direct); Common Stock — 848 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 50% of the original grant on each of August 22, 2025 and November 22, 2025.

FAQ

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

What did Salesforce (CRM) director Amy Chang report on this Form 4?

Amy Chang reported the conversion of 424 restricted stock units into 424 shares of Salesforce common stock on 11/22/2025 at a price of $0 per share.

How many Salesforce (CRM) shares does Amy Chang own after the reported transaction?

After the reported transaction, Amy Chang beneficially owned 848 shares of Salesforce common stock in direct ownership.

What is the vesting schedule of Amy Chang’s Salesforce restricted stock units?

The filing states that these restricted stock units vest as to 50% of the original grant on each of August 22, 2025 and November 22, 2025.

How do Amy Chang’s Salesforce restricted stock units convert to common stock?

The restricted stock units convert to Salesforce common stock on a one-for-one basis, meaning each unit converts into one share of common stock.

What transaction code is used for the Salesforce (CRM) Form 4 entry?

The transaction is reported with code M in the table, indicating an exercise or conversion of derivative securities, resulting in the acquisition of common stock.

What is Amy Chang’s relationship to Salesforce (CRM) according to the filing?

Amy Chang is listed as a Director of Salesforce, Inc. on this Form 4.

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

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Accepted by SEC EDGAR 11/24/2025 - 04:57 PM EST 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^*

Chang Amy

(Last) (First) (Middle)

415 MISSION STREET

3RD FLOOR

(Street)

SAN FRANCISCO CA 94105

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
11/22/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	11/22/2025		M		424	A	$0	848	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)	11/22/2025		M			424	08/22/2025(2)	11/22/2025	Common Stock	424	$0	0	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 50% of the original grant on each of August 22, 2025 and November 22, 2025.

	/s/ Sarah Dale, Attorney-in-Fact for Amy Chang	11/24/2025
	** 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.