Salesforce CLO exercises 1,662 RSUs; 920 withheld

Salesforce, Inc. (CRM) reported insider equity transactions by Niles Sabastian, President and CLO.

Rhea-AI Filing Summary

Salesforce, Inc. (CRM) reported insider equity transactions by Niles Sabastian, President and CLO. On August 22, 2026, 1,662 Restricted Stock Units were exercised, converting on a one-for-one basis into 1,662 shares of common stock. These RSUs vest 25% on August 22, 2024 and 1/16 of the original grant quarterly thereafter.

In connection with this vesting and settlement, 920 common shares were withheld at a price of $209.17 per share to satisfy the reporting person’s tax liability. After the RSU exercise, the reporting person held 6,651 Restricted Stock Units directly.

Insider Trade Summary

1,662 shares exercised/converted

Exercise 3 txns

Insider Niles Sabastian

Role President and CLO

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units F2, F3	1,662	$0.00	$0.00
Exercise	Common Stock	1,662	$0.00	$0.00
Tax Withholding	Common Stock F1	920	$209.17	$192K

Holdings After Transaction: Restricted Stock Units — 6,651 contracts (Direct); Common Stock — 27,037 shares (Direct)

Footnotes (3)

1. F1. Represents shares withheld to satisfy the reporting person's tax liability upon vesting and settlement of a restricted stock unit award.
2. F2. Restricted Stock Units convert to shares of common stock on a one-for-one basis.
3. F3. These Restricted Stock Units vest as to 25% of the original grant on August 22, 2024 and vest as to 1/16 of the original grant quarterly thereafter.

Key Figures

RSUs exercised: 1,662 Restricted Stock Units Common shares acquired from RSU conversion: 1,662 shares Shares withheld for taxes: 920 shares +3 more

6 metrics

RSUs exercised 1,662 Restricted Stock Units Exercised and converted into common stock on August 22, 2026

Common shares acquired from RSU conversion 1,662 shares Common stock received upon RSU settlement at $0.00 per share

Shares withheld for taxes 920 shares Withheld to satisfy tax liability upon RSU vesting and settlement

Tax withholding price $209.17 per share Price used for 920 withheld shares for tax liability

RSUs remaining after transaction 6,651 Restricted Stock Units Directly held derivative position after the reported exercise

RSU vesting tranche 25% on August 22, 2024 Initial vesting portion of the original RSU grant

Key Terms

Restricted Stock Units, tax liability, vest, one-for-one basis

4 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"

vest financial

"These Restricted Stock Units vest as to 25% of the original grant on August 22, 2024"

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.

one-for-one basis financial

"Restricted Stock Units convert to shares of common stock on a one-for-one basis."

FAQ

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

What insider transaction did Salesforce (CRM) report for Niles Sabastian?

Salesforce reported that Niles Sabastian, President and CLO, exercised 1,662 Restricted Stock Units on August 22, 2026, converting them into an equal number of common shares, with part of the resulting stock withheld to cover tax obligations.

How many Salesforce (CRM) RSUs vested and were converted for Niles Sabastian?

A total of 1,662 Restricted Stock Units vested and were converted into 1,662 shares of Salesforce common stock at an exercise price of $0.00 per share, reflecting a standard RSU settlement into stock.

How many Salesforce (CRM) shares were withheld for taxes in this Form 4?

The filing states that 920 shares of common stock were withheld at $209.17 per share to satisfy Niles Sabastian’s tax liability arising from the vesting and settlement of the RSU award.

What RSU vesting schedule does Salesforce (CRM) disclose for this grant?

Salesforce discloses that these Restricted Stock Units vest as to 25% of the original grant on August 22, 2024, with the remaining units vesting in 1/16 of the original grant quarterly thereafter, subject to the award’s terms.

How many Salesforce (CRM) RSUs does Niles Sabastian hold after this transaction?

After the reported transaction, 6,651 Restricted Stock Units remain held directly by Niles Sabastian, as shown in the post-transaction holdings figure in the Form 4 derivative securities table.

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

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Available on EDGAR 08/24/2026 - 08:10 PM EDT Accepted by SEC EDGAR 08/24/2026 - 08:10 PM EDT 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^*

Niles Sabastian

(Last) (First) (Middle)

415 MISSION STREET

3RD FLOOR

(Street)

SAN FRANCISCO CALIFORNIA 94105

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Salesforce, Inc. [ CRM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CLO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/22/2026

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

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

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

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	08/22/2026		M		1,662	A	$0	27,957	D
Common Stock	08/22/2026		F(1)		920	D	$209.17	27,037	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(2)	08/22/2026		M			1,662	08/22/2024(3)	08/22/2027	Common Stock	1,662	$0	6,651	D

Explanation of Responses:

1. Represents shares withheld to satisfy the reporting person's tax liability upon vesting and settlement of a restricted stock unit award.

2. Restricted Stock Units convert to shares of common stock on a one-for-one basis.

3. These Restricted Stock Units vest as to 25% of the original grant on August 22, 2024 and vest as to 1/16 of the original grant quarterly thereafter.

	/s/ Sarah Dale, Attorney-in-Fact for Sabastian Niles	08/24/2026
	** 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.
* Form 4: SEC 1474 (03-26)