Salesforce director reports RSU vesting and new awards
Salesforce, Inc. director and Slack co-founder/CTO Parker Harris reported compensation-related equity activity with no open-market trades.
Rhea-AI Filing Summary
Salesforce, Inc. director and Slack co-founder/CTO Parker Harris reported compensation-related equity activity with no open-market trades. On March 22, 2026, he acquired 7,359 shares of common stock through the vesting and settlement of restricted stock units at no cost, while 3,195 shares were withheld at $195.38 per share to cover tax obligations.
He also received new awards, including 40,522 performance stock options with a $280.62 exercise price and 39,216 restricted stock units, all subject to multi-year performance and service-based vesting conditions. Following these transactions, Harris held 173,991 shares of common stock directly, plus additional indirect holdings through a family trust and several LLCs.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,359 shares exercised/converted
Exercise
19 txns
Insider
Harris Parker
Role
Co-Founder and CTO, Slack
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,003 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 1,270 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 5,086 | $0.00 | $0.00 |
| Grant/Award | Performance Stock Option | 40,522 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 39,216 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,003 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 347 | $195.38 | $68K |
| Exercise | Common Stock | 1,270 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 440 | $195.38 | $86K |
| Exercise | Common Stock | 5,086 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,408 | $195.38 | $470K |
| Grant/Award | Common Stock | 27,790 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 64,628 contracts (Direct);
Performance Stock Option — 40,522 contracts (Direct);
Common Stock — 173,991 shares (Direct);
Common Stock — 930,987 shares (Indirect, By HJ Family Trust);
Common Stock — 115,840 shares (Indirect, By LLC BE);
Common Stock — 171,323 shares (Indirect, By LLC BN);
Common Stock — 115,840 shares (Indirect, By LLC NE);
Common Stock — 171,324 shares (Indirect, By LLC NN);
Common Stock — 115,840 shares (Indirect, By LLC ZE);
Common Stock — 171,324 shares (Indirect, By LLC ZN)
Footnotes (10)
- F1. Represents shares withheld to satisfy the reporting person's tax liability upon vesting and settlement of a restricted stock unit award.
- F2. This represents the number of shares subject to the fiscal year 2024 performance-based restricted stock unit ("PRSU") award that were earned based upon the achievement of certain performance criteria over a three-year performance period that ended on January 31, 2026. On March 22, 2026, the Issuer's Compensation Committee certified that certain performance criteria with respect to the performance period were achieved, and the number of shares reported in column 4 are scheduled to vest on April 22, 2026, subject to the holder's continued employment through such date.
- F3. Shares held in The G. Parker Harris III & Holly L. Johnson Family Trust.
- F4. The reported securities are held by an LLC that is managed by the reporting person and his spouse.
- F5. Restricted Stock Units convert to shares of common stock on a one-for-one basis.
- F6. 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.
- F7. 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.
- F8. 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.
- F9. This represents the number of shares subject to fiscal year 2026 performance option that were earned based upon the achievement of applicable performance criteria with a performance period that ended on January 31, 2026. 25% of the earned option shares will become vested on March 22, 2026, with the remaining option shares becoming vested in equal monthly installments over the following 36 months, subject to the holder's continued service through each such date.
- F10. These restricted stock units vest as to 25% of the original grant on March 22, 2027 and vest as to 1/16 of the original grant quarterly thereafter.
FAQ
What did Parker Harris report in the latest Salesforce (CRM) Form 4?
Parker Harris reported equity compensation activity, not open-market trades. He acquired common shares through restricted stock unit vesting, had some shares withheld for taxes, and received new performance stock option and restricted stock unit awards with multi-year vesting and performance conditions.
What new equity awards did Parker Harris receive from Salesforce (CRM)?
Parker Harris received 40,522 performance stock options with a $280.62 exercise price and 39,216 restricted stock units. The awards are tied to fiscal 2026 performance criteria and future service-based vesting, spreading potential share delivery over several years if conditions are satisfied.
Are Parker Harris’s Salesforce (CRM) Form 4 transactions routine compensation events?
Yes. The filing shows routine compensation activity: restricted stock units vesting, tax withholding in shares, and new performance-based option and RSU grants. There are no open-market purchases or sales, so the transactions mainly reflect ongoing equity compensation rather than trading decisions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
