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Salesforce CRM Form 4 shows 424 RSUs converted to common stock

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

Rhea-AI Filing Summary

Salesforce, Inc. director reports restricted stock unit conversion. On 11/22/2025, a Salesforce (CRM) director reported the conversion of 424 restricted stock units into 424 shares of common stock at a stated price of $0, reflecting the nature of the equity award. Following this transaction, the director beneficially owns 8,741 shares of Salesforce common stock in direct form.

The filing notes that restricted stock units convert to common stock on a one-for-one basis. It also explains that the underlying restricted stock unit grant was structured to vest in two equal installments, with 50% of the original grant vesting on August 22, 2025 and the remaining 50% vesting on November 22, 2025.

Positive

  • None.

Negative

  • None.
Insider Kirk David Blair
Role Director
Type Security Shares Price Value
Exercise Restricted Stock Units 424 $0.00 --
Exercise Common Stock 424 $0.00 --
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct); Common Stock — 8,741 shares (Direct)
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 50% of the original grant on each of August 22, 2025 and November 22, 2025.
Form 4 Insider Transactions: What Each Field Means →
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*
Kirk David Blair
(Last) (First) (Middle)
415 MISSION ST, 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 8,741 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 David B. Kirk 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Salesforce (CRM) report in this Form 4?

The Form 4 reports that a Salesforce director converted 424 restricted stock units into 424 shares of common stock on 11/22/2025 at a stated price of $0.

How many Salesforce (CRM) shares does the director own after this transaction?

After the reported transaction, the director beneficially owns 8,741 shares of Salesforce common stock in direct ownership form.

What type of security was involved in the Salesforce (CRM) Form 4 filing?

The filing involves restricted stock units that convert into Salesforce common stock on a one-for-one basis according to the explanation provided.

What is the relationship of the reporting person to Salesforce (CRM)?

The reporting person is identified as a director of Salesforce, Inc., as indicated in the relationship section of the Form 4.

Is this Salesforce (CRM) Form 4 filed for one reporting person or a group?

The Form 4 is indicated as filed by one reporting person, not by more than one reporting person.

Who signed the Salesforce (CRM) Form 4 and in what capacity?

The Form 4 was signed by Sarah Dale as Attorney-in-Fact for David B. Kirk, serving as the signature of the reporting person on 11/24/2025.