Salesforce director converts 442 RSUs to common stock

Salesforce director Kirk David Blair reported an internal equity transaction involving restricted stock units.

Rhea-AI Filing Summary

Salesforce director Kirk David Blair reported an internal equity transaction involving restricted stock units. On February 22, 2026, 442 restricted stock units were converted into 442 shares of Salesforce common stock at no cash exercise price, increasing his directly held common shares to 11,119. The restricted stock units convert to common stock on a one-for-one basis and vest in four equal installments of 25% of the original grant on February 22, 2026, May 22, 2026, August 22, 2026, and November 22, 2026.

Insider Trade Summary

442 shares exercised/converted

Exercise 2 txns

Insider Kirk David Blair

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	442	$0.00	$0.00
Exercise	Common Stock	442	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 1,324 contracts (Direct); Common Stock — 11,119 shares (Direct)

Footnotes (2)

1. F1. Restricted Stock Units convert to shares of common stock on a one-for-one basis.
2. 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.

FAQ

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

What insider transaction did Salesforce (CRM) director Kirk David Blair report?

Kirk David Blair reported an equity award-related transaction, where 442 restricted stock units were converted into 442 Salesforce common shares at a zero exercise price, reflecting vesting of prior compensation rather than an open-market stock purchase or sale.

How many Salesforce (CRM) shares did Kirk David Blair acquire in this Form 4?

The Form 4 shows the conversion of 442 restricted stock units into 442 Salesforce common shares. Following this non-cash derivative conversion, Blair’s directly held Salesforce common stock position increased to 11,119 shares as disclosed in the ownership totals after the transaction.

What type of security was involved in Kirk David Blair’s Salesforce (CRM) Form 4 filing?

The filing involves restricted stock units that convert into Salesforce common stock on a one-for-one basis. These units are a form of equity compensation that deliver shares over time as they vest according to a specified schedule.

What is the vesting schedule for Kirk David Blair’s Salesforce (CRM) restricted stock units?

The restricted stock units vest in four equal installments. Twenty-five percent of the original grant vests on each of February 22, 2026, May 22, 2026, August 22, 2026, and November 22, 2026, resulting in shares being delivered on those dates.

Did Kirk David Blair buy or sell Salesforce (CRM) shares on the open market?

The Form 4 does not report any open-market purchases or sales. Instead, it shows an exercise or conversion of restricted stock units into common stock at a zero exercise price, which is part of his equity compensation, not a market trade.

How many Salesforce (CRM) shares does Kirk David Blair own after this Form 4 transaction?

After the reported conversion, Blair directly owns 11,119 shares of Salesforce common stock. He also holds 1,324 restricted stock units, which represent additional potential shares that may be delivered as they vest according to the stated schedule.

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

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Accepted by SEC EDGAR 02/23/2026 - 07:42 PM EST 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^*

Kirk David Blair

(Last) (First) (Middle)

415 MISSION ST, 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)
02/22/2026

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	02/22/2026		M		442	A	$0	11,119	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)	02/22/2026		M			442	02/22/2026(2)	11/22/2026	Common Stock	442	$0	1,324	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, 2026, May 22, 2026, August 22, 2026, and November 22, 2026.

	/s/ Sarah Dale, Attorney-in-Fact for David B. Kirk	02/23/2026
	** 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.