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CRM insider Form 4: RSU conversions and tax withholding disclosed

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Salesforce (CRM) reported insider activity by EVP & Chief Accounting Officer Sundeep G. Reddy. On 10/22/2025, two restricted stock unit (RSU) tranches converted to common stock: 423 shares and 487 shares at $0 per share (code M). To cover taxes, the company withheld 189 shares and 217 shares at a price of $256.64 per share (code F). Following these transactions, common stock beneficially owned was 13,350 shares directly. One RSU grant was fully settled (0 remaining), and another shows 2,922 RSUs remaining.

Positive

  • None.

Negative

  • None.
Insider Reddy Sundeep G.
Role EVP & Chief Accounting Officer
Type Security Shares Price Value
Exercise Restricted Stock Units 423 $0.00 --
Exercise Restricted Stock Units 487 $0.00 --
Exercise Common Stock 423 $0.00 --
Tax Withholding Common Stock 189 $256.64 $49K
Exercise Common Stock 487 $0.00 --
Tax Withholding Common Stock 217 $256.64 $56K
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct); Common Stock — 13,269 shares (Direct)
Footnotes (1)
  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 October 22, 2022 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 April 22, 2024 and vest as to 1/16 of the original grant quarterly thereafter.
Form 4 Insider Transactions: What Each Field Means →
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*
Reddy Sundeep G.
(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP & Chief Accounting Officer
3. Date of Earliest Transaction (Month/Day/Year)
10/22/2025
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 10/22/2025 M 423 A $0 13,269 D
Common Stock 10/22/2025 F 189(1) D $256.64 13,080 D
Common Stock 10/22/2025 M 487 A $0 13,567 D
Common Stock 10/22/2025 F 217(1) D $256.64 13,350 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(2) 10/22/2025 M 423 10/22/2022(3) 10/22/2025 Common Stock 423 $0 0 D
Restricted Stock Units $0(2) 10/22/2025 M 487 04/22/2024(4) 04/22/2027 Common Stock 487 $0 2,922 D
Explanation of Responses:
1. Represents shares withheld to satisfy the reporting person's tax liability upon vesting and settlement of a restricted stock unit award.
2. Restricted Stock Units convert to shares of common stock on a one-for-one basis.
3. These restricted stock units vest as to 25% of the original grant on October 22, 2022 and vest as to 1/16 of the original grant quarterly thereafter.
4. These restricted stock units vest as to 25% of the original grant on April 22, 2024 and vest as to 1/16 of the original grant quarterly thereafter.
/s/ Sarah Dale, Attorney-in-Fact for Sundeep G. Reddy 10/23/2025
** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What did Salesforce (CRM) disclose in this Form 4?

Two RSU conversions to common stock (423 and 487 shares) and share withholding for taxes (189 and 217 shares at $256.64).

Who is the reporting person in the CRM Form 4?

Sundeep G. Reddy, EVP & Chief Accounting Officer of Salesforce.

When did the CRM insider transactions occur?

On 10/22/2025.

How many Salesforce shares did the officer own after the transactions?

Beneficial ownership of common stock was 13,350 shares directly after the reported transactions.

What was the tax withholding price for CRM shares?

Shares were withheld at $256.64 per share to satisfy tax obligations.

How many RSUs remain outstanding for the officer?

0 remain from one grant; 2,922 RSUs remain from another grant as reported.

What do transaction codes M and F indicate?

M indicates RSU conversion to common stock; F indicates shares withheld to cover taxes.