CRM Form 4: Sachin Mehra converts 274 RSUs into common shares on 08/22/2025
Rhea-AI Filing Summary
Sachin J. Mehra, a director of Salesforce, Inc. (CRM), reported transactions on Form 4 showing 274 restricted stock units converted to 274 shares of common stock on 08/22/2025 at no cash price. The transaction is recorded as a vesting event (transaction code M) and increased Mr. Mehra's direct beneficial ownership to 3,807 shares following the reported transaction. The restricted stock units convert one-for-one to common shares and vest in four equal tranches: 25% on each of February 22, May 22, August 22, and November 22, 2025. The Form 4 was signed by an attorney-in-fact on behalf of Mr. Mehra on 08/25/2025.
Positive
- 274 shares were acquired through vesting of restricted stock units, increasing direct holdings to 3,807 shares
- The Form 4 discloses the vesting schedule clearly: 25% vesting on each of Feb 22, May 22, Aug 22, and Nov 22, 2025, and conversion is one-for-one
Negative
- None.
Insights
TL;DR: Routine insider vesting increased a director's direct holdings by 274 shares; this is a standard disclosure without material change to control.
The filing documents a non-derivative acquisition via vesting of previously granted restricted stock units. The event is coded as M (related to Rule 16b-3 transactions) and reflects standard equity compensation mechanics rather than an open-market purchase or sale. Ownership after the transaction is reported as 3,807 shares direct. For governance review, this is a routine compliance disclosure showing compensation settlement and does not indicate a change in director status or beneficial control.
TL;DR: Director received 274 shares from RSU vesting on 08/22/2025; transaction recorded at $0 price, consistent with typical grant vesting.
The derivative section clarifies that restricted stock units vest in four scheduled tranches and convert one-for-one into common stock. The transaction price is reported as $0, reflecting settlement of equity awards rather than a market trade. The disclosure meets Section 16 reporting requirements and provides exact vesting dates for remaining award schedule. Impact on outstanding float and ownership percentages is minimal given the small share count disclosed.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 274 | $0.00 | -- |
| Exercise | Common Stock | 274 | $0.00 | -- |
Footnotes (1)
- 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 each of February 22, 2025, May 22, 2025, August 22, 2025, and November 22, 2025.