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[Form 4] Salesforce, Inc. Insider Trading Activity

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

Rhea-AI Filing Summary

Salesforce, Inc. executive Srinivas Tallapragada reported equity compensation changes rather than open-market trading. He exercised restricted stock units that converted into 9,849 shares of common stock, while 4,429 shares were withheld at $195.38 per share to cover tax liabilities. He also received 58,352 performance stock options with a $280.62 exercise price and 47,059 new restricted stock units, plus a 27,790-share common stock award tied to certified performance goals. Following these transactions, he directly holds 81,359 shares of Salesforce common stock.

Positive

  • None.

Negative

  • None.
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*
Tallapragada Srinivas

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Eng/Cust Success Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/22/2026
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 Stock03/22/2026M1,003A$049,152D
Common Stock03/22/2026F(1)347D$195.3848,805D
Common Stock03/22/2026M1,523A$050,328D
Common Stock03/22/2026F(1)527D$195.3849,801D
Common Stock03/22/2026M7,323A$057,124D
Common Stock03/22/2026F(1)3,555D$195.3853,569D
Common Stock03/22/2026A(2)27,790A$081,359D
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(3)03/22/2026M1,00303/22/2023(4)03/22/2026Common Stock1,003$00D
Restricted Stock Units$0(3)03/22/2026M1,52303/22/2025(5)03/22/2028Common Stock1,523$012,185D
Restricted Stock Units$0(3)03/22/2026M7,32303/22/2026(6)03/22/2029Common Stock7,323$021,972D
Performance Stock Option$280.6203/22/2026A(7)58,35203/22/202603/22/2032Common Stock58,352$058,352D
Restricted Stock Units$0(3)03/22/2026A47,05903/22/2027(8)03/22/2030Common Stock47,059$047,059D
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. This represents the number of shares subject to the fiscal year 2024 performance-based restricted stock unit ("PRSU") award that were earned based upon the achievement of certain performance criteria over a three-year performance period that ended on January 31, 2026. On March 22, 2026, the Issuer's Compensation Committee certified that certain performance criteria with respect to the performance period were achieved, and the number of shares reported in column 4 are scheduled to vest on April 22, 2026, subject to the holder's continued employment through such date.
3. Restricted Stock Units convert to shares of common stock on a one-for-one basis.
4. These restricted stock units vest as to 25% of the original grant on March 22, 2023 and vest as to 1/16 of the original grant quarterly thereafter.
5. These restricted stock units vest as to 25% of the original grant on March 22, 2025 and vest as to 1/16 of the original grant quarterly thereafter.
6. 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.
7. This represents the number of shares subject to fiscal year 2026 performance option that were earned based upon the achievement of applicable performance criteria with a performance period that ended on January 31, 2026. 25% of the earned option shares will become vested on March 22, 2026, with the remaining option shares becoming vested in equal monthly installments over the following 36 months, subject to the holder's continued service through each such date.
8. These restricted stock units vest as to 25% of the original grant on March 22, 2027 and vest as to 1/16 of the original grant quarterly thereafter.
/s/ Sarah Dale, Attorney-in-Fact for Srinivas Tallapragada03/24/2026
** 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 transactions did Salesforce (CRM) executive Srinivas Tallapragada report?

Srinivas Tallapragada reported equity compensation activity, not open-market trades. He exercised restricted stock units into 9,849 common shares, had 4,429 shares withheld for taxes, received 58,352 performance stock options, 47,059 restricted stock units, and a 27,790-share performance-based common stock award.

Did Salesforce (CRM) insider Srinivas Tallapragada sell any shares in this Form 4 filing?

The filing shows no open-market sales by Srinivas Tallapragada. Shares labeled as dispositions, totaling 4,429, were withheld by Salesforce at $195.38 per share solely to cover tax obligations on vesting awards, a standard non-market mechanism rather than a discretionary stock sale.

How many Salesforce (CRM) shares does Srinivas Tallapragada own after these transactions?

After the reported transactions, Srinivas Tallapragada directly owns 81,359 Salesforce common shares. This figure reflects the net result of RSU conversions into stock, tax-withholding share reductions, and new stock awards granted as part of his executive compensation package.

What performance-based awards did Salesforce (CRM) grant to Srinivas Tallapragada?

He received significant performance-linked equity grants. The filing reports 58,352 performance stock options at a $280.62 exercise price and 27,790 shares of common stock earned from a fiscal 2024 PRSU award, plus 47,059 new restricted stock units with multi-year vesting schedules.

How many restricted stock units vested for Salesforce (CRM) insider Srinivas Tallapragada?

Restricted stock unit vesting converted into 9,849 common shares. These shares came from previously granted RSUs that vested and settled on March 22, 2026, as part of long-term compensation programs, with a portion of the resulting stock withheld for associated tax liabilities.

What do the tax-withholding transactions mean in the Salesforce (CRM) Form 4?

The tax-withholding entries reflect shares used to pay taxes on vesting awards. In total, 4,429 Salesforce shares were withheld at $195.38 per share, allowing the executive to satisfy tax obligations without separately selling stock in the open market.
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