INFA insider holdings cashed out at $25 per share in merger
Rhea-AI Filing Summary
Informatica Inc. (INFA) director reported the completion of transactions tied to the company’s merger with Salesforce, Inc.. On 11/18/2025, Informatica merged with a Salesforce subsidiary, leaving Informatica as a wholly owned Salesforce unit. At the merger’s effective time, each share of Informatica Class A common stock held by the reporting person was converted into the right to receive $25.00 in cash per share, and the reporting person’s direct holdings in this security became 0 shares.
The filing also explains that each restricted stock unit held by the reporting person was canceled and converted into the right to receive the same $25.00 cash consideration for each underlying share. In addition, each stock option with a per share exercise price below $25.00 was canceled and converted into the right to receive the cash merger consideration for each underlying share, reduced by the aggregate exercise price and less applicable tax withholdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Stock Option (right to buy) | 50,000 | $0.00 | -- |
| Disposition | Class A Common Stock | 48,845 | $0.00 | -- |
Footnotes (1)
- Pursuant to that certain Agreement and Plan of Merger, dated as of May 26, 2025 (the "Merger Agreement"), by and among the Issuer, Salesforce, Inc., a Delaware corporation ("Salesforce"), and Phoenix I Merger Sub, Inc., a Delaware corporation and a wholly owned subsidiary of Salesforce ("Merger Sub"), on November 18, 2025 (the "Effective Time"), the Issuer merged with and into Merger Sub (the "Merger"), with the Issuer surviving the Merger as a wholly owned subsidiary of Salesforce. At the Effective Time, each share of the Issuer's Class A Common Stock held by the Reporting Person was converted into the right to receive $25.00 in cash, without interest (the "Merger Consideration"). Pursuant to the terms of the Merger Agreement, at the Effective Time, each outstanding restricted stock unit ("RSU") held by the Reporting Person was cancelled and converted into the right to the Merger Consideration in respect of each share of Class A Common Stock subject to such RSU. At the Effective Time, each option to purchase Class A Common that had a per share exercise price that is less than the Merger Consideration (an "In-the-Money Option") held by the Reporting Person that was outstanding and unexercised immediately before the Effective Time, whether or not vested, was cancelled and converted into the right to receive the Merger Consideration in respect of each share of Class A Common Stock covered by such In-the-Money Option, less a number of shares having a value equal to the total exercise price applicable to such option, without interest and less applicable tax withholdings.