INFA Form 4 details director share and RSU payout in Salesforce buyout
Rhea-AI Filing Summary
Informatica Inc. director reports cash-out of shares in Salesforce merger. The filing shows that on 11/18/2025, the company merged with a Salesforce subsidiary, with Informatica surviving as a wholly owned subsidiary of Salesforce. At the merger's effective time, each share of Informatica Class A common stock held by the reporting director was converted into the right to receive $25.00 in cash per share, and the director’s 27,289 shares were disposed of, leaving 0 shares beneficially owned. Outstanding restricted stock units held by the director were also cancelled and converted into the right to receive the same cash consideration for each underlying share.
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Insights
Form 4 confirms Informatica’s all-cash Salesforce merger and insider share cash-out.
This Form 4 documents how a director’s equity in Informatica Inc. was treated when the company merged into a wholly owned subsidiary of Salesforce, Inc. on November 18, 2025. At the effective time, each Class A common share was converted into a right to receive $25.00 in cash, aligning the director’s treatment with the terms of the merger agreement.
The director disposed of 27,289 shares, reducing beneficial ownership to zero, which is typical when a public company is acquired for cash and existing shares are cancelled. The filing also notes that all outstanding restricted stock units held by the director were cancelled and converted into the same cash consideration per underlying share, closing out this insider’s equity position under the prior capital structure.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Class A Common Stock | 27,289 | $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.