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.

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

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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)
12/22/2025

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	12/22/2025		M		143	A	$0	13,493	D
Common Stock	12/22/2025		F		64(1)	D	$264.63	13,429	D
Common Stock	12/22/2025		M		431	A	$0	13,860	D
Common Stock	12/22/2025		F		192(1)	D	$264.63	13,668	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)	12/22/2025		M			143	03/22/2023(3)	03/22/2026	Common Stock	143	$0	144	D
Restricted Stock Units	$0(2)	12/22/2025		M			431	03/22/2025(4)	03/22/2028	Common Stock	431	$0	3,885	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 March 22, 2023 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 March 22, 2025 and vest as to 1/16 of the original grant quarterly thereafter.

	/s/ Sarah Dale, Attorney-in-Fact for Sundeep G. Reddy	12/23/2025
	** 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).
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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.

How many Salesforce (CRM) shares were withheld to cover taxes for this insider?

To satisfy tax obligations related to the RSU vesting, 64 and 192 shares of Salesforce common stock were withheld at a price of $264.63 per share.

How many Salesforce (CRM) shares does Sundeep G. Reddy own after these transactions?

Following the reported transactions on 12/22/2025, Sundeep G. Reddy beneficially owned 13,668 shares of Salesforce common stock in direct ownership.

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.