Salesforce (CRM) EVP & CAO reports RSU vesting and tax share sales
Rhea-AI Filing Summary
Salesforce, Inc. executive reports stock transactions tied to RSU vesting. EVP & Chief Accounting Officer Sundeep G. Reddy reported the vesting and settlement of restricted stock units on 12/22/2025. Two blocks of RSUs converted to common stock at an exercise price of $0, adding 143 and 431 shares of Salesforce common stock.
To cover taxes on these vestings, the company withheld 64 and 192 shares at a price of $264.63 per share. After these transactions, Reddy directly owned 13,668 shares of Salesforce common stock, along with remaining restricted stock units that continue to vest over time according to their original schedules.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 143 | $0.00 | -- |
| Exercise | Restricted Stock Units | 431 | $0.00 | -- |
| Exercise | Common Stock | 143 | $0.00 | -- |
| Tax Withholding | Common Stock | 64 | $264.63 | $17K |
| Exercise | Common Stock | 431 | $0.00 | -- |
| Tax Withholding | Common Stock | 192 | $264.63 | $51K |
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, 2023 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, 2025 and vest as to 1/16 of the original grant quarterly thereafter.
FAQ
What insider stock activity did Salesforce (CRM) report for 12/22/2025?
Salesforce reported that EVP & Chief Accounting Officer Sundeep G. Reddy had restricted stock units vest on 12/22/2025, which converted into 143 and 431 shares of common stock at an exercise price of $0 per share.
What type of derivatives were involved in this Salesforce (CRM) Form 4 filing?
The filing shows restricted stock units as the derivative securities. These RSUs convert into Salesforce common stock on a one-for-one basis when they vest.
What are the vesting terms for the reported Salesforce (CRM) restricted stock units?
One RSU grant vests 25% on March 22, 2023 and then 1/16 of the original grant quarterly thereafter. Another RSU grant vests 25% on March 22, 2025 with the remaining 1/16 vesting quarterly thereafter.
Who is the reporting person in this Salesforce (CRM) insider transaction?
The reporting person is Sundeep G. Reddy, who serves as Salesforce's EVP & Chief Accounting Officer, and the filing is made as a Form 4 by one reporting person.