INFA director equity cashed out in $25 Salesforce merger deal

Rhea-AI Filing Summary

Informatica Inc. (INFA) director reports equity conversion tied to Salesforce acquisition. On November 18, 2025, Informatica merged with a Salesforce subsidiary, making Informatica a wholly owned subsidiary of Salesforce, Inc. 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, without interest. The filing shows disposition of 66,830 Class A shares and cancellation of 42,553 stock options with a $13.90 exercise price, all converted into cash based on the same merger price. Outstanding restricted stock units were also cancelled and converted into the right to receive the same cash consideration for each underlying share.

Insights

Equity Analyst

Salesforce completes cash acquisition of Informatica, cashing out INFA equity at $25 per share.

The filing describes the closing mechanics of Salesforce’s acquisition of Informatica Inc., where Informatica merged into a Salesforce subsidiary and became a wholly owned subsidiary. For the reporting director, each Class A common share was converted into the right to receive $25.00 in cash, reflecting a full cash-out of that equity position.

Equity awards were treated similarly. Outstanding restricted stock units were cancelled and converted into the right to receive the same cash amount per underlying share. Stock options with a per-share exercise price below $25.00 were cancelled and converted into a cash right for each underlying share, reduced by the aggregate exercise price and subject to tax withholding, which effectively realizes the intrinsic value of those in-the-money options.

For investors, this confirms that Informatica’s publicly traded equity has been converted into cash consideration in connection with the Salesforce transaction, and Informatica now operates as a private, wholly owned Salesforce subsidiary rather than an independent public company.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider CHAFFIN JANICE

Role Director

Type	Security	Shares	Price	Value
Disposition	Stock Option (right to buy)	42,553	$0.00	--
Disposition	Class A Common Stock	66,830	$0.00	--

Holdings After Transaction: Stock Option (right to buy) — 0 shares (Direct); Class A Common Stock — 0 shares (Direct)

Footnotes (1)

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.

Form 4 Insider Transactions: What Each Field Means →

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

X

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^*

CHAFFIN JANICE

(Last) (First) (Middle)

2100 SEAPORT BOULEVARD

(Street)

REDWOOD CITY CA 94063

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Informatica Inc. [ INFA ]

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)
11/18/2025

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
Class A Common Stock	11/18/2025		D		66,830	D	(1)(2)	0	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
Stock Option (right to buy)	$13.9	11/18/2025		D			42,553	(3)	10/08/2029	Class A Common Stock	42,553	(3)	0	D

Explanation of Responses:

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").

2. 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.

3. 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.

	/s/ Bridget Logterman, Attorney-in-fact	11/18/2025
	** 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 transaction involving Informatica Inc. (INFA) is described in this Form 4?

The Form 4 describes the closing of a merger between Informatica Inc. and a wholly owned subsidiary of Salesforce, Inc., effective on November 18, 2025, after which Informatica became a wholly owned subsidiary of Salesforce.

What did INFA shareholders receive in the Salesforce acquisition?

At the effective time of the merger, 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, without interest.

How were Informatica Inc. (INFA) restricted stock units treated in the merger?

Each outstanding restricted stock unit (RSU) held by the reporting person was cancelled and converted into the right to receive the $25.00 cash merger consideration for each share of Class A common stock underlying the RSU.

What happened to INFA stock options held by the reporting person?

Each in-the-money stock option (option with an exercise price below $25.00) to purchase Class A common stock was cancelled and converted into the right to receive the $25.00 cash merger consideration per underlying share, less the total exercise price and applicable tax withholdings.

How many Informatica Inc. (INFA) shares and options are reported in this Form 4?

The form reports a disposition of 66,830 shares of Class A common stock and the cancellation of 42,553 stock options with a per-share exercise price of $13.90, all tied to the merger conversion.

What is the relationship of the reporting person to Informatica Inc. (INFA)?

The reporting person is identified as a Director of Informatica Inc., filing individually as indicated in the Form 4 relationship and filing status sections.