Salesforce (CRM) insider Parker Harris reports major option exercise and stock sales
Rhea-AI Filing Summary
Salesforce, Inc. director and officer Parker Harris, Co-Founder and CTO of Slack, reported exercising and selling company stock on 12/02/2025. He exercised 134,662 non-qualified stock options at an exercise price of $161.50 per share, converting them into Salesforce common stock. That same day, he reported multiple open-market sales of Salesforce common stock totaling the same 134,662 shares at weighted average prices ranging from about $231.93 to $236.58, executed under a pre-arranged Rule 10b5-1 trading plan adopted on December 17, 2024. After these transactions, he reported 139,767 shares held directly and additional indirect ownership through the HJ Family Trust and several LLCs managed by him and his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-qualified Stock Option (Right to Buy) | 134,662 | $0.00 | -- |
| Exercise | Common Stock | 134,662 | $161.50 | $21.75M |
| Sale | Common Stock | 13,225 | $232.5227 | $3.08M |
| Sale | Common Stock | 15,873 | $233.2496 | $3.70M |
| Sale | Common Stock | 39,442 | $234.6114 | $9.25M |
| Sale | Common Stock | 57,475 | $235.4386 | $13.53M |
| Sale | Common Stock | 8,647 | $236.1711 | $2.04M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- As indicated by the checkbox above, this transaction was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 17, 2024. Weighted average price. These shares were sold in multiple transactions at prices ranging from $231.9300 to $232.9100 inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above. Weighted average price. These shares were sold in multiple transactions at prices ranging from $232.9300 to $233.9169 inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above. Weighted average price. These shares were sold in multiple transactions at prices ranging from $233.9400 to $234.9250 inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above. Weighted average price. These shares were sold in multiple transactions at prices ranging from $234.9400 to $235.9300 inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above. Weighted average price. These shares were sold in multiple transactions at prices ranging from $235.9400 to $236.5800 inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above. Shares held in The G. Parker Harris III & Holly L. Johnson Family Trust. The reported securities are held by an LLC that is managed by the reporting person and his spouse. Option is exercisable and vests over four years at the rate of 25% on March 22, 2020, the first anniversary of the holder's date of grant, with the balance vesting in equal monthly installments over the remaining 36 months.
FAQ
What insider transaction did Salesforce (CRM) report for Parker Harris?
Parker Harris reported exercising 134,662 stock options at $161.50 per share and selling the resulting Salesforce common shares in multiple transactions on 12/02/2025.
Was the Salesforce (CRM) insider sale by Parker Harris under a Rule 10b5-1 plan?
Yes. The filing states the transactions were effected automatically under a Rule 10b5-1 trading plan adopted by Parker Harris on December 17, 2024.
What type of derivative security did Parker Harris exercise in this Salesforce (CRM) Form 4?
He exercised a non-qualified stock option to buy 134,662 Salesforce common shares at an exercise price of $161.50 per share, originally granted with vesting over four years starting March 22, 2020.