Salesforce (NYSE: CRM) chief engineering officer logs RSU vesting and tax share withholding
Rhea-AI Filing Summary
Salesforce, Inc. executive Srinivas Tallapragada reported routine equity compensation activity involving restricted stock units (RSUs) and related tax withholding. On June 22, 2026, RSUs covering 1,831 shares and 1,523 shares of common stock vested and were converted into common shares, reflecting derivative exercises reported at a $0.00 conversion price.
To cover tax liabilities from these vestings, a total of 1,664 common shares were withheld by Salesforce at an implied price of about $150.12 per share, categorized as tax-withholding dispositions rather than open-market sales. After these transactions, Tallapragada directly held 69,244 shares of Salesforce common stock, while remaining RSU balances continued to vest over time according to the disclosed schedules.
Positive
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Negative
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Insights
Routine RSU vesting with tax withholding; no open‑market trading signal.
Chief Eng/Cust Success Officer Srinivas Tallapragada had RSUs convert into common stock and a portion of the resulting shares withheld to pay taxes. Code F transactions here are tax payments in shares, not open-market sales, and carry limited information about sentiment.
The filing shows 3,354 shares from RSU vesting and 1,664 shares withheld at $150.12, leaving 69,244 common shares held directly. With no remaining derivative positions listed and no 10b5-1 trading plan noted, this appears to be standard compensation and withholding, a neutral development for investors.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,523 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,831 | $0.00 | -- |
| Exercise | Common Stock | 1,523 | $0.00 | -- |
| Tax Withholding | Common Stock | 756 | $150.12 | $113K |
| Exercise | Common Stock | 1,831 | $0.00 | -- |
| Tax Withholding | Common Stock | 908 | $150.12 | $136K |
Footnotes (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 March 22, 2025 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 March 22, 2026 and vest as to 1/16 of the original grant quarterly thereafter.