INFA Form 4: CFO stock cashed out, RSUs roll into Salesforce
Rhea-AI Filing Summary
Informatica Inc. (INFA) Executive Vice President and Chief Financial Officer reported the disposition of Class A common stock in connection with the company’s merger with Salesforce, Inc.. At the merger’s effective time on 11/18/2025, each Informatica Class A share held by the reporting person was converted into the right to receive $25.00 in cash, without interest. The filing shows 712,385 shares disposed of, leaving the officer with 0 Informatica shares directly owned after the transaction.
The filing also notes that each outstanding restricted stock unit held by the officer was assumed and converted into a restricted stock unit award over Salesforce common stock. The number of Salesforce shares underlying each new RSU is determined by multiplying the original Informatica RSU share amount by a conversion ratio defined in the merger agreement, rounded to the nearest whole share.
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Insights
CFO’s Informatica equity is cashed out or rolled into Salesforce stock via RSUs.
This Form 4 shows how the Informatica (INFA) CFO’s equity converted when Informatica merged into a wholly owned subsidiary of Salesforce on November 18, 2025. The officer’s 712,385 Class A shares were converted into a right to receive $25.00 per share in cash, eliminating direct Informatica share ownership post-merger.
Equity incentives were not simply cancelled. Each outstanding Informatica restricted stock unit was assumed and converted into a Salesforce RSU, using a conversion ratio defined in the merger agreement and rounded to the nearest whole share. This preserves the officer’s long-term incentive alignment, but now tied to Salesforce stock rather than Informatica.
For investors reviewing insider activity, this filing primarily documents mechanical effects of the already-agreed merger terms on one executive’s holdings, rather than indicating new strategic decisions or fresh trading behavior.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Class A Common Stock | 712,385 | $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 assumed and converted into a restricted stock unit award with respect to a number of shares of Salesforce common stock (rounded to the nearest whole share) determined by multiplying the number of shares of Class A Common Stock subject to the RSU by the conversion ratio determined in accordance with the Merger Agreement (the "conversion ratio").