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Salesforce (NYSE: CRM) director receives 442 shares from RSU vesting

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Salesforce director Maynard G. Webb Jr. reported an equity compensation event involving restricted stock units that convert into Salesforce common stock on a one-for-one basis.

On May 22, 2026, 442 RSUs converted into 442 shares of common stock at a stated price of $0.00 per share, reflecting a vesting of prior equity awards rather than an open‑market purchase. Following this, Webb holds 3,674 shares of common stock directly and 187 shares indirectly through the Webb Family Trust. The RSU award continues to vest in 25% installments on specified dates in 2026, indicating a standard staged vesting schedule for director compensation.

Positive

  • None.

Negative

  • None.
Insider WEBB MAYNARD G JR
Role null
Type Security Shares Price Value
Exercise Restricted Stock Units 442 $0.00 --
Exercise Common Stock 442 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Restricted Stock Units — 882 shares (Direct, null); Common Stock — 3,674 shares (Direct, null); Common Stock — 187 shares (Indirect, Webb Family Trust)
Footnotes (1)
  1. 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 each of February 22, 2026, May 22, 2026, August 22, 2026, and November 22, 2026.
RSUs converted 442 shares Restricted Stock Units converting into common stock on May 22, 2026
Direct common stock holdings 3,674 shares Total Salesforce common shares held directly after transaction
Indirect common stock holdings 187 shares Salesforce common shares held indirectly via Webb Family Trust
RSU vesting schedule 4 installments of 25% Original RSU grant vesting on Feb 22, May 22, Aug 22, Nov 22, 2026
Derivative exercise count 1 transaction, 442 shares Exercise or conversion of derivative security reported in Form 4
Restricted Stock Units financial
"Restricted Stock Units convert to shares of common stock on a one-for-one basis."
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.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Webb Family Trust financial
"nature_of_ownership: Webb Family Trust"
indirect ownership financial
"ownership_type: indirect, ownership_code: I"
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SEC Form 4
FORM 4UNITED 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*
WEBB MAYNARD G JR

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/22/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock05/22/2026M442A$03,674D
Common Stock187IWebb Family Trust
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units$0(1)05/22/2026M44202/22/2026(2)11/22/2026Common Stock442$0882D
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 25% of the original grant on each of February 22, 2026, May 22, 2026, August 22, 2026, and November 22, 2026.
/s/ Sarah Dale, Attorney-in-Fact for Maynard Webb05/26/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did Salesforce (CRM) director Maynard G. Webb Jr report?

Salesforce director Maynard G. Webb Jr reported the vesting and conversion of 442 restricted stock units into 442 shares of common stock at $0.00 per share, reflecting equity compensation rather than an open‑market stock purchase or sale.

How many Salesforce (CRM) shares does Maynard G. Webb Jr hold after this Form 4?

After the reported transactions, Maynard G. Webb Jr holds 3,674 Salesforce common shares directly and 187 shares indirectly through the Webb Family Trust, based on totals shown for holdings following the May 22, 2026 equity compensation event.

What happened to the restricted stock units in the Salesforce (CRM) Form 4 filing?

442 restricted stock units converted into 442 Salesforce common shares on May 22, 2026 at a conversion price of $0.00 per unit, consistent with equity awards that settle in stock rather than cash when specific vesting conditions are met.

How do the Salesforce (CRM) restricted stock units vest for Maynard G. Webb Jr?

The restricted stock units vest in four equal 25% installments of the original grant on February 22, May 22, August 22, and November 22, 2026, creating a staged schedule where portions of the award convert into common stock over that year.

Is the Salesforce (CRM) Form 4 transaction a stock sale by Maynard G. Webb Jr?

No, the Form 4 describes a derivative exercise of restricted stock units into common shares at $0.00 per share, which is characterized as equity compensation vesting, not an open‑market sale of Salesforce stock by the director.