Salesforce executive exercises 1,663 RSUs, shares withheld

Salesforce, Inc. President and CLO Niles Sabastian reported routine equity compensation activity.

Rhea-AI Filing Summary

Salesforce, Inc. President and CLO Niles Sabastian reported routine equity compensation activity. On May 22, 2026, he exercised 1,663 Restricted Stock Units, which converted into the same number of shares of common stock on a one-for-one basis.

To cover tax obligations upon vesting and settlement of this award, 920 shares of common stock were withheld at a price of $180.07 per share, a tax-withholding disposition rather than an open-market sale. After these transactions, Sabastian directly held 25,387 shares of Salesforce common stock.

The filing also notes that these Restricted Stock Units vest 25% of the original grant on August 22, 2024, with an additional 1/16 of the original grant vesting quarterly thereafter, and that 8,313 Restricted Stock Units remained credited to him following this conversion.

Insider Trade Summary

1,663 shares exercised/converted

Exercise 3 txns

Insider Niles Sabastian

Role President and CLO

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	1,663	$0.00	$0.00
Exercise	Common Stock	1,663	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	920	$180.07	$166K

Holdings After Transaction: Restricted Stock Units — 8,313 contracts (Direct); Common Stock — 25,387 shares (Direct)

Footnotes (3)

1. F1. Represents shares withheld to satisfy the reporting person's tax liability upon vesting and settlement of a restricted stock unit award.
2. F2. Restricted Stock Units convert to shares of common stock on a one-for-one basis.
3. F3. These Restricted Stock Units vest as to 25% of the original grant on August 22, 2024 and vest as to 1/16 of the original grant quarterly thereafter.

Key Figures

RSUs exercised: 1,663 shares Tax-withholding shares: 920 shares Tax-withholding price: $180.07 per share +4 more

7 metrics

RSUs exercised 1,663 shares Restricted Stock Units converted to common stock on May 22, 2026

Tax-withholding shares 920 shares Shares withheld to satisfy tax liability at vesting

Tax-withholding price $180.07 per share Value used for tax-withholding disposition

Direct holdings after transactions 25,387 shares Salesforce common stock held directly by Niles Sabastian

RSUs remaining 8,313 units Restricted Stock Units credited after 1,663-unit conversion

Initial RSU vesting tranche 25% of original grant Vests on August 22, 2024

Ongoing RSU vesting pace 1/16 of original grant Vests quarterly after initial 25% tranche

Key Terms

Restricted Stock Units, tax liability, derivative security, tax-withholding disposition, +1 more

5 terms

Restricted Stock Units financial

"Represents shares withheld to satisfy the reporting person's tax liability upon vesting and settlement of a restricted stock unit award."

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.

tax liability financial

"Represents shares withheld to satisfy the reporting person's tax liability upon vesting and settlement of a restricted stock unit award."

derivative security financial

"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.

tax-withholding disposition financial

"transaction_action: tax-withholding disposition"

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

one-for-one basis financial

"Restricted Stock Units convert to shares of common stock on a one-for-one basis."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Salesforce (CRM) report for Niles Sabastian?

Salesforce reported that President and CLO Niles Sabastian exercised 1,663 Restricted Stock Units into common stock. As part of this vesting event, 920 shares were withheld to satisfy tax liabilities, and he continued to hold 25,387 shares directly afterward.

Did Salesforce executive Niles Sabastian sell Salesforce (CRM) stock in this Form 4?

No open-market sale occurred. The filing shows 920 shares were disposed of solely to satisfy tax liabilities upon vesting of Restricted Stock Units. This tax-withholding disposition is a mechanical step tied to compensation, not a discretionary sale into the market.

How many Salesforce (CRM) shares does Niles Sabastian hold after this Form 4?

Following the May 22, 2026 transactions, Niles Sabastian directly holds 25,387 shares of Salesforce common stock. This figure reflects the exercise of 1,663 RSUs and the withholding of 920 shares to cover related tax obligations on the vested award.

What Restricted Stock Unit activity did Salesforce (CRM) disclose for Niles Sabastian?

Salesforce disclosed that 1,663 Restricted Stock Units vested and converted into common stock on a one-for-one basis. After this conversion, 8,313 Restricted Stock Units remained credited, subject to the original vesting schedule and future settlement into common shares.

How do Niles Sabastian’s Salesforce (CRM) RSUs vest over time?

The filing states that the RSU grant vests 25% of the original award on August 22, 2024, with the remaining portion vesting in 1/16 increments quarterly. This schedule progressively delivers shares as compensation over multiple vesting dates.

What price was used for the Salesforce (CRM) tax-withholding shares in this Form 4?

For the 920 shares withheld to cover taxes, the Form 4 reports a price of $180.07 per share. This price is used to value the tax-withholding disposition tied to the vesting and settlement of the underlying Restricted Stock Unit award.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/26/2026 - 07:19 PM EDT Learn about SEC filing dates

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Niles Sabastian

(Last) (First) (Middle)

415 MISSION STREET

3RD FLOOR

(Street)

SAN FRANCISCO CALIFORNIA 94105

(City) (State) (Zip)

UNITED STATES

(Country)

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)
	President and CLO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/22/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	05/22/2026		M		1,663	A	$0	26,307	D
Common Stock	05/22/2026		F(1)		920	D	$180.07	25,387	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)	05/22/2026		M			1,663	08/22/2024(3)	08/22/2027	Common Stock	1,663	$0	8,313	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 August 22, 2024 and vest as to 1/16 of the original grant quarterly thereafter.

	/s/ Sarah Dale, Attorney-in-Fact for Sabastian Niles	05/26/2026
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)