Salesforce CRM insider Form 4 shows 274 RSUs converted to stock

Rhea-AI Filing Summary

Salesforce, Inc. (CRM) reported an insider equity transaction involving 274 shares of common stock. On 11/22/2025, a director exercised 274 restricted stock units, which converted into 274 shares of Salesforce common stock at an exercise price of $0 per share. Following this transaction, the director directly beneficially owns 6,517 shares of Salesforce common stock.

The restricted stock units convert to common stock on a one-for-one basis. The original RSU grant vests in four equal installments of 25% each on February 22, 2025, May 22, 2025, August 22, 2025, and November 22, 2025, aligning vesting with a regular schedule over the year.

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
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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^*

ALBER LAURA

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
11/22/2025

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	11/22/2025		M		274	A	$0	6,517	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(1)	11/22/2025		M			274	02/22/2025(2)	11/22/2025	Common Stock	274	$0	0	D

Explanation of Responses:

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

2. These restricted stock units vest as to 25% of the original grant on each of February 22, 2025, May 22, 2025, August 22, 2025, and November 22, 2025.

	/s/ Sarah Dale, Attorney-in-Fact for Laura Alber	11/24/2025
	** 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.

FAQ

What insider transaction did Salesforce (CRM) report in this Form 4?

The Form 4 reports that a Salesforce director converted 274 restricted stock units into 274 shares of common stock on 11/22/2025 at an exercise price of $0.

How many Salesforce (CRM) shares does the reporting person own after this transaction?

After the reported transaction, the director beneficially owns 6,517 shares of Salesforce common stock in direct ownership.

What are restricted stock units (RSUs) in this Salesforce (CRM) Form 4?

The filing states that the restricted stock units convert to shares of common stock on a one-for-one basis, meaning each RSU delivers one share when it vests and is settled.

What is the vesting schedule for the Salesforce (CRM) restricted stock units?

The RSUs in this report vest as to 25% of the original grant on each of February 22, 2025, May 22, 2025, August 22, 2025, and November 22, 2025.

Did the director pay cash for the Salesforce (CRM) shares acquired in this Form 4?

No cash was paid for the shares in this transaction. The table shows an exercise price of $0 for the 274 restricted stock units that were converted into common stock.

Is this Salesforce (CRM) Form 4 filed by a single reporting person?

Yes. The filing indicates that the Form is filed by one reporting person, not a group, and reflects that person’s director relationship with Salesforce.