Salesforce (CRM) director Conway converts 441 RSUs to stock
Rhea-AI Filing Summary
Salesforce, Inc. (CRM) director Craig Conway reported an internal equity transaction involving restricted stock units and common stock. On August 22, 2026, 441 Restricted Stock Units were converted into 441 shares of common stock at a stated exercise price of $0.00 per share, a non-cash derivative exercise.
The RSU leg is shown as a disposition of derivative securities, while the common stock leg is an acquisition, leaving Conway with 9,937 shares of Salesforce common stock held directly after the transaction. The related RSU award vests in four equal 25% installments on February 22, May 22, August 22, and November 22, 2026. The filing indicates the Rule 10b5-1 trading plan checkbox was not selected.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 441 shares
Net Buy
2 txns
Insider
Conway Craig
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F2 | 441 | $0.00 | $0.00 |
| Exercise | Common Stock | 441 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 441 shares (Direct);
Common Stock — 9,937 shares (Direct)
Footnotes (2)
- F1. Restricted Stock Units convert to shares of common stock on a one-for-one basis.
- F2. These restricted stock units vest as to 25% of the original grant on each of February 22, 2026, May 22, 2026, August 22, 2026, and November 22, 2026.
Key Figures
RSUs converted: 441 Restricted Stock Units
Common shares acquired: 441 shares of common stock
Post-transaction holdings: 9,937 shares of common stock
+2 more
5 metrics
RSUs converted
441 Restricted Stock Units
Converted into common stock on August 22, 2026
Common shares acquired
441 shares of common stock
Received upon RSU conversion on August 22, 2026
Post-transaction holdings
9,937 shares of common stock
Shares directly held by Craig Conway after the August 22, 2026 transactions
RSU vesting tranche
25% of the original grant
Vests on each of February 22, May 22, August 22, and November 22, 2026
Exercise or conversion price
$0.00 per share
Stated for the RSU-to-common-stock conversion on August 22, 2026
Key Terms
Restricted Stock Units, derivative security, Rule 10b5-1
3 terms
Restricted Stock Units financial
"Restricted Stock Units convert to shares of common stock on a one-for-one basis"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Rule 10b5-1 regulatory
"The filing indicates the Rule 10b5-1 trading plan checkbox was not selected"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What insider transaction did Salesforce (CRM) director Craig Conway report?
Craig Conway reported the exercise of 441 Restricted Stock Units into 441 shares of Salesforce common stock on August 22, 2026, via an internal derivative conversion with a stated exercise price of $0.00 per share.
What was the size of the RSU conversion reported for Salesforce (CRM)?
The filing shows a conversion of 441 Restricted Stock Units into 441 shares of Salesforce common stock on August 22, 2026, treated as an exercise or conversion of a derivative security.
What is the vesting schedule for Craig Conway’s Salesforce (CRM) RSUs in this filing?
The related restricted stock units vest as to 25% of the original grant on each of February 22, 2026, May 22, 2026, August 22, 2026, and November 22, 2026, according to the footnote.
Were Craig Conway’s Salesforce (CRM) transactions under a Rule 10b5-1 trading plan?
The document-level Rule 10b5-1 checkbox is not selected, indicating the reported August 22, 2026 transactions were not affirmatively identified as being made under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
