CRM Insider Report: 575 RSUs Vest, 257 Shares Withheld at $249.69
Rhea-AI Filing Summary
Salesforce (CRM) insider Sundeep G. Reddy, EVP & Chief Accounting Officer, reported equity activity on 09/22/2025. The filing shows vesting/settlement transactions that resulted in the acquisition of 575 restricted stock units (143 and 432) converting one-for-one into common shares, and simultaneous withholding of 257 shares (64 and 193) to satisfy tax obligations at a price of $249.69 per share. After these transactions, Reddy's reported beneficial ownership figures for common stock appeared in multiple lines ranging from 12,671 to 13,103 shares depending on the line item. Transactions were reported by attorney-in-fact and documented an Exhibit 24 power of attorney.
Positive
- 575 restricted stock units vested and converted to common shares on 09/22/2025, reflecting compensation realization
- Tax withholding was executed via share surrender (64 and 193 shares), showing administrative compliance with tax obligations
- Form 4 was timely and properly filed with an Exhibit 24 power of attorney and attorney-in-fact signature
Negative
- 257 shares were surrendered to satisfy tax withholding at a price of $249.69, reducing net share increase from the vesting
- Beneficial ownership reporting appears in multiple lines with slightly different totals (12,671 to 13,103), which may require reconciliation by readers
Insights
TL;DR: Routine RSU vesting and share-withholding to cover taxes; small open-market disposition noted, no change to role.
The Form 4 documents standard equity compensation settlement: two RSU grants vested/settled on 09/22/2025 totaling 575 units that convert 1:1 into common stock. The reporting person had 257 shares withheld at a stated price of $249.69 to satisfy tax withholding, which is a common administrative outcome of RSU settlement. The filing provides post-transaction beneficial ownership tallies between 12,671 and 13,103 shares across reporting lines. There is no disclosure of additional open-market purchases or sales beyond the withholding-for-taxes and the vesting event, and no indication of any change in reporting relationship.
TL;DR: Administrative insider filing reflecting compensation settlement; governance impact is minimal and routine.
The disclosure is a standard Section 16 Form 4 showing settlement of restricted stock units and related tax-withholding. The presence of an Exhibit 24 power of attorney and a signature by an attorney-in-fact is properly noted. The transactions are consistent with compensation vesting schedules described in the explanations and do not reflect discretionary open-market trading beyond tax-related dispositions. From a governance perspective, this is routine reporting by an officer and does not indicate a change in control, policy, or corporate governance posture.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 143 | $0.00 | -- |
| Exercise | Restricted Stock Units | 432 | $0.00 | -- |
| Exercise | Common Stock | 143 | $0.00 | -- |
| Exercise | Common Stock | 432 | $0.00 | -- |
| Tax Withholding | Common Stock | 64 | $249.69 | $16K |
| Tax Withholding | Common Stock | 193 | $249.69 | $48K |
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.
