CRM Form 4: Kroes Receives 274 RSUs, Sells 42 Shares at $248.29
Rhea-AI Filing Summary
Neelie Kroes, a Salesforce (CRM) director, reported equity activity on 08/22/2025. She received 274 restricted stock units (RSUs) that convert one-for-one into common shares; those RSUs vest in four equal installments with the final noted vesting dates in 2025. To satisfy tax withholding on the award, 274 shares were treated as acquired then withheld (transaction code M) and converted to common stock at $0 for reporting purposes. Additionally, 42 shares were disposed of at $248.29, leaving Kroes with 11,002 total shares beneficially owned after the transactions.
Positive
- Director compensation granted: 274 RSUs awarded that convert one-for-one to common stock, reflecting standard compensation alignment with shareholder interests
- Clear vesting schedule: RSUs vest in four equal installments (Feb, May, Aug, Nov 2025), providing transparency on future share issuance timing
Negative
- Share disposition: 42 shares were sold/disposed at $248.29, modestly reducing insider holdings
- Tax withholding reduced issued shares: 274 shares were withheld to satisfy tax liability related to the award, lowering net new shares received
Insights
TL;DR: Routine director compensation and small sale; no material change to control or ownership.
This Form 4 shows a standard RSU vesting and tax-withholding treatment for a non-employee director, plus a small disposition of 42 shares at $248.29. The RSUs convert one-for-one to common stock and were reported under standard codes. The net ownership of 11,002 shares indicates no significant shift in insider control or stake concentration. These transactions are typical for director compensation and tax settlement and are not indicative of a corporate governance event.
TL;DR: Minor insider activity; impact on valuation is negligible.
The filing records acquisition of 274 RSUs (vesting schedule noted) and a contemporaneous disposition of 42 shares at a per-share price of $248.29. The withholding of shares to cover taxes is explicitly documented. Given the small share counts relative to outstanding shares of Salesforce, these transactions are immaterial to market valuation or liquidity. Investors may view this as routine insider compensation and tax settlement rather than a signal of insider sentiment change.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 274 | $0.00 | -- |
| Exercise | Common Stock | 274 | $0.00 | -- |
| Tax Withholding | Common Stock | 42 | $248.29 | $10K |
Footnotes (1)
- Shares withheld to satisfy the reporting person's tax liability in connection with the issuance of common stock pursuant to the award reported in row 1 above. 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.
