CRM Form 4: Executive RSU Vesting, 1,254 Shares Withheld at $249.69
Rhea-AI Filing Summary
Insider transactions by Srinivas Tallapragada, Chief Engineering and Customer Success Officer at Salesforce (CRM). On 09/22/2025 the reporting person acquired and had shares settled from restricted stock units and withheld shares for taxes. The filing shows two grant-related settlements: 1,003 and 1,523 shares were acquired (transaction code M) at $0 price reflecting vesting/settlement of restricted stock units, increasing beneficial holdings to 46,103 shares and 45,605 shares on two separate reported lines. Additionally, two dispositions (transaction code F) show 498 and 756 shares sold/withheld at $249.69 per share to satisfy tax withholding, leaving post-transaction beneficial ownership balances of 45,605 and 44,849 shares on those lines. The RSUs convert one-for-one and have stated vesting schedules tied to March 22, 2023 and March 22, 2025 with subsequent quarterly vesting.
Positive
- Transparent reporting of RSU vesting, withholding and resulting beneficial ownership
- Post-transaction ownership remains significant (tens of thousands of shares), indicating ongoing equity alignment
Negative
- None.
Insights
TL;DR: Routine executive RSU vesting and tax-withholding sell-to-cover transactions; not a material change to ownership.
The Form 4 documents standard equity compensation activity for a named officer: vesting of restricted stock units converted one-for-one into common shares and immediate withholding/disposition of a portion to satisfy tax obligations at $249.69 per share. Transaction codes M and F indicate settlement/vesting and a disposition for tax withholding rather than an open-market sale for liquidity. Reported post-transaction beneficial ownership remains tens of thousands of shares, showing continued equity exposure aligned with executive compensation.
TL;DR: Disclosure is complete for the reported events and includes vesting schedules and withholding details.
The filing includes clear explanations: RSUs vesting schedules (25% cliff then quarterly vesting) and that withheld shares satisfy tax liabilities. The form is signed by an attorney-in-fact and references an Exhibit 24 power of attorney. There are no indications of amendments or additional arrangements beyond standard plan mechanics in the document.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,003 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,523 | $0.00 | -- |
| Exercise | Common Stock | 1,003 | $0.00 | -- |
| Exercise | Common Stock | 1,523 | $0.00 | -- |
| Tax Withholding | Common Stock | 498 | $249.69 | $124K |
| Tax Withholding | Common Stock | 756 | $249.69 | $189K |
Footnotes (1)
- Represents shares withheld to satisfy the reporting person's tax liability upon vesting and settlement of a restricted stock unit award. 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 March 22, 2023 and vest as to 1/16 of the original grant quarterly thereafter. 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.
