Marc Benioff (CRM) awarded large performance-based stock options and RSUs
Rhea-AI Filing Summary
Salesforce, Inc. Chair and CEO Marc Benioff reported equity compensation awards tied to multi‑year performance goals. He received a grant of 233,404 Performance Stock Options with an exercise price of $280.62 per share, earned under a fiscal 2026 performance option based on criteria for a period ending on January 31, 2026. A separate award of 45,474 shares of Common Stock reflects fiscal 2024 performance-based RSUs earned after the company’s Compensation Committee certified achievement of specific metrics; these shares are scheduled to vest on April 22, 2026, subject to continued employment. Following these awards, Benioff directly holds 11,957,046 shares of Common Stock and also has indirect holdings, including shares held by a trust and by Marc Benioff Fund LLC.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Stock Option | 233,404 | $0.00 | -- |
| Grant/Award | Common Stock | 45,474 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- 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. Shares held in the reporting person's name or in the Marc R. Benioff Revocable Trust. Shares held in the Marc Benioff Fund LLC (the "Fund"). Fund interests are held in the reporting person's name or in trust. This represents the number of shares subject to the 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.