Salesforce president converts stock awards to shares

Tax-liability withholding involved 562 and 563 shares, each reported at $233.28 per share.

Available on EDGAR 09/23/2026 - 06:32 PM EDT Accepted by SEC EDGAR 09/23/2026 - 06:31 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Salesforce, Inc. President and CLO Niles Sabastian reported conversion of 1,015 and 1,017 restricted stock units into common stock on September 22, 2026, on a one-for-one basis. To satisfy his tax liability upon vesting and settlement, 562 and 563 common shares were withheld; each withholding entry reports $233.28 per share.

Insider Trade Summary

2,032 shares exercised/converted

Exercise 6 txns

Insider Niles Sabastian

Role President and CLO

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units F2, F3	1,015	$0.00	$0.00
Exercise	Restricted Stock Units F2, F4	1,017	$0.00	$0.00
Exercise	Common Stock	1,015	$0.00	$0.00
Tax Withholding	Common Stock F1	562	$233.28	$131K
Exercise	Common Stock	1,017	$0.00	$0.00
Tax Withholding	Common Stock F1	563	$233.28	$131K

Holdings After Transaction: Restricted Stock Units — 16,266 contracts (Direct); Common Stock — 19,071 shares (Direct)

Holdings Before and After: Restricted Stock Units, 18,298 to 16,266 contracts (Direct); Common Stock, 18,164 to 19,071 shares (Direct)

Footnotes (4)

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 March 22, 2025 and vest as to 1/16 of the original grant quarterly thereafter.
4. F4. 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.

Key Figures

Common shares acquired from first RSU settlement: 1,015 shares Common shares acquired from second RSU settlement: 1,017 shares Shares withheld for tax liability: 562 shares +3 more

6 metrics

Common shares acquired from first RSU settlement 1,015 shares September 22, 2026

Common shares acquired from second RSU settlement 1,017 shares September 22, 2026

Shares withheld for tax liability 562 shares September 22, 2026

Shares withheld for tax liability 563 shares September 22, 2026

Reported price per share for withholding $233.28 per share Both withholding entries dated September 22, 2026

RSU conversion ratio 1 common share per RSU Restricted Stock Units convert to common stock

Key Terms

Restricted Stock Units, one-for-one basis, vesting

3 terms

Restricted Stock Units financial

"Restricted Stock Units convert to shares of common stock"

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.

one-for-one basis financial

"convert to shares of common stock on a one-for-one basis"

vesting financial

"upon vesting and settlement of a restricted stock unit award"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

FAQ

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

How many CRM shares did Niles Sabastian receive from RSU settlements?

On September 22, 2026, Salesforce President and CLO Niles Sabastian reported conversion of 1,015 and 1,017 restricted stock units into an equal number of common shares, consistent with the one-for-one conversion term.

How many CRM shares were withheld for Niles Sabastian's taxes, and at what price?

He had 562 and 563 common shares withheld to satisfy his tax liability upon RSU vesting and settlement; each withholding entry lists $233.28 per share.

Were Niles Sabastian's Salesforce transactions made under a Rule 10b5-1 plan?

No Rule 10b5-1 plan is reported for these transactions.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

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)
09/22/2026

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	09/22/2026		M		1,015	A	$0	19,179	D
Common Stock	09/22/2026		F(1)		562	D	$233.28	18,617	D
Common Stock	09/22/2026		M		1,017	A	$0	19,634	D
Common Stock	09/22/2026		F(1)		563	D	$233.28	19,071	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)	09/22/2026		M			1,015	03/22/2025(3)	03/22/2028	Common Stock	1,015	$0	6,093	D
Restricted Stock Units	$0(2)	09/22/2026		M			1,017	03/22/2026(4)	03/22/2029	Common Stock	1,017	$0	10,173	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 March 22, 2025 and vest as to 1/16 of the original grant quarterly thereafter.

4. 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.

	/s/ Andrew Leeds, Attorney-in-Fact for Sabastian Niles	09/23/2026
	** 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)