Salesforce (CRM) EVP & CAO Reddy details RSU vesting and share withholding

Rhea-AI Filing Summary

Salesforce, Inc. EVP & Chief Accounting Officer Sundeep G. Reddy reported share activity tied to restricted stock units. On January 22, 2026, 487 restricted stock units were converted into an equal number of Salesforce common shares at an exercise price of $0. Immediately afterward, 243 common shares were withheld at a price of $228.09 per share to cover the reporting person's tax obligations upon vesting.

Following these transactions, Reddy directly owned 13,912 shares of Salesforce common stock and held 2,435 restricted stock units. The RSUs convert to common stock on a one-for-one basis and vest 25% on April 22, 2024, with the remaining portion vesting in equal quarterly installments thereafter.

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)
01/22/2026

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	01/22/2026		M		487	A	$0	14,155	D
Common Stock	01/22/2026		F		243(1)	D	$228.09	13,912	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)	01/22/2026		M			487	04/22/2024(3)	04/22/2027	Common Stock	487	$0	2,435	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 April 22, 2024 and vest as to 1/16 of the original grant quarterly thereafter.

	/s/ Sarah Dale, Attorney-in-Fact for Sundeep G. Reddy	01/23/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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** 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 activity did Salesforce (CRM) report for Sundeep G. Reddy?

The filing shows that EVP & Chief Accounting Officer Sundeep G. Reddy had 487 restricted stock units convert into Salesforce common stock and 243 common shares withheld to cover taxes related to that vesting.

How many Salesforce shares does Sundeep G. Reddy own after this Form 4?

After the reported transactions, Sundeep G. Reddy directly owned 13,912 shares of Salesforce common stock and held 2,435 restricted stock units, each RSU convertible into one common share.

What do the transaction codes M and F mean in this Salesforce (CRM) Form 4?

Code M reflects the conversion of 487 restricted stock units into common stock at $0 per share. Code F reflects 243 shares of common stock withheld at $228.09 per share to satisfy the reporting person’s tax liability upon RSU vesting.

Were Sundeep G. Reddy’s Salesforce restricted stock units granted on a vesting schedule?

Yes. The restricted stock units vest as to 25% of the original grant on April 22, 2024, with the remaining portion vesting in 1/16 of the original grant quarterly thereafter.

Does the Form 4 indicate that Sundeep G. Reddy sold Salesforce shares on the open market?

The activity reported is a conversion of restricted stock units to common stock and withholding of shares for taxes. The filing describes shares withheld at $228.09 to satisfy tax obligations upon vesting.

What is the relationship of the reporting person to Salesforce (CRM)?

The reporting person, Sundeep G. Reddy, is an officer of Salesforce, serving as EVP & Chief Accounting Officer, and is not listed as a director or 10% owner.