STOCK TITAN

CRM Form 4: Sachin Mehra converts 274 RSUs into common shares on 08/22/2025

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

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 SACHIN J. MEHRA
Role Director
Type Security Shares Price Value
Exercise Restricted Stock Units 274 $0.00 --
Exercise Common Stock 274 $0.00 --
Holdings After Transaction: Restricted Stock Units — 274 shares (Direct); Common Stock — 3,807 shares (Direct)
Footnotes (1)
  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.
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*
SACHIN J. MEHRA

(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
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
08/22/2025
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 08/22/2025 M 274 A $0 3,807 D
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(1) 08/22/2025 M 274 02/22/2025(2) 11/22/2025 Common Stock 274 $0 274 D
Explanation of Responses:
1. Restricted Stock Units convert to shares of common stock on a one-for-one basis.
2. 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.
Remarks:
Exhibit 24 - Power of Attorney
/s/ Sarah Dale, Attorney-in-Fact for Sachin Mehra 08/25/2025
** 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.
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