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Salesforce (CRM) co-founder Parker Harris details RSU vesting and share withholding

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

Rhea-AI Filing Summary

Salesforce, Inc. director and officer Parker Harris reported routine equity transactions involving company common stock. On 12/22/2025, restricted stock units converted into 1,002 shares of common stock and, separately, another grant converted into 1,269 shares, both at an exercise price of $0. On the same date, Harris had 497 shares and 630 shares withheld at a price of $264.63 per share to cover tax obligations upon vesting, as disclosed in the footnotes.

After these transactions, Harris reported 140,911 shares held directly and additional indirect holdings through the HJ Family Trust and several LLCs managed by him and his spouse. The filing reflects ongoing vesting of prior restricted stock unit awards and associated tax withholding, rather than an open-market discretionary sale.

Positive

  • None.

Negative

  • None.
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*
Harris Parker

(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
X Officer (give title below) Other (specify below)
Co-Founder and CTO, Slack
3. Date of Earliest Transaction (Month/Day/Year)
12/22/2025
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 12/22/2025 M 1,002 A $0 140,769 D
Common Stock 12/22/2025 F 497(1) D $264.63 140,272 D
Common Stock 12/22/2025 M 1,269 A $0 141,541 D
Common Stock 12/22/2025 F 630(1) D $264.63 140,911 D
Common Stock 930,987 I By HJ Family Trust(2)
Common Stock 115,840 I By LLC BE(3)
Common Stock 171,323 I By LLC BN(3)
Common Stock 115,840 I By LLC NE(3)
Common Stock 171,324 I By LLC NN(3)
Common Stock 115,840 I By LLC ZE(3)
Common Stock 171,324 I By LLC ZN(3)
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(4) 12/22/2025 M 1,002 03/22/2023(5) 03/22/2026 Common Stock 1,002 $0 1,003 D
Restricted Stock Units $0(4) 12/22/2025 M 1,269 03/22/2025(6) 03/22/2028 Common Stock 1,269 $0 11,424 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. Shares held in The G. Parker Harris III & Holly L. Johnson Family Trust.
3. The reported securities are held by an LLC that is managed by the reporting person and his spouse.
4. Restricted Stock Units convert to shares of common stock on a one-for-one basis.
5. 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.
6. 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.
/s/ Sarah Dale, Attorney-in-Fact for Parker Harris 12/23/2025
** 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.

FAQ

What insider transactions did Salesforce (CRM) report for Parker Harris?

The report shows Parker Harris had restricted stock units convert into 1,002 and 1,269 shares of Salesforce common stock on 12/22/2025, with related share withholding for taxes.

Were Parker Harris Salesforce (CRM) transactions open-market sales?

No. The filing states that 497 and 630 shares were withheld to satisfy tax liabilities upon vesting and settlement of restricted stock unit awards, rather than discretionary open-market sales.

How many Salesforce (CRM) shares does Parker Harris hold directly after these transactions?

Following the reported transactions, Parker Harris directly beneficially owned 140,911 shares of Salesforce common stock.

What Salesforce (CRM) derivative securities are involved in this Form 4?

The filing involves restricted stock units that convert into Salesforce common stock on a one-for-one basis, with grants of 1,002 and 1,269 units exercised at an effective price of $0.

How do the reported restricted stock units for Salesforce (CRM) vest?

One RSU grant vests 25% on March 22, 2023 and then 1/16 of the original grant quarterly thereafter. Another vests 25% on March 22, 2025 and then 1/16 quarterly thereafter.

Does Parker Harris report indirect ownership of Salesforce (CRM) shares?

Yes. The filing lists indirect holdings through The G. Parker Harris III & Holly L. Johnson Family Trust and several LLCs managed by Harris and his spouse, each holding Salesforce common stock.

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