Salesforce (NYSE: CRM) director Conway converts 442 RSUs to shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Salesforce director Craig Conway reported the exercise and conversion of 442 Restricted Stock Units into 442 shares of common stock on February 22, 2026. The RSUs convert to common stock on a one-for-one basis and vest in four equal installments across 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
442 shares exercised/converted
Mixed
2 txns
Insider
Conway Craig
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 442 | $0.00 | -- |
| Exercise | Common Stock | 442 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 1,324 shares (Direct);
Common Stock — 9,054 shares (Direct)
Footnotes (1)
- Restricted Stock Units convert to shares of common stock on a one-for-one basis. 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
What insider transaction did Salesforce (CRM) director Craig Conway report?
Craig Conway reported exercising and converting 442 Restricted Stock Units into 442 shares of Salesforce common stock. The transaction used code “M,” indicating an exercise or conversion of a derivative security rather than an open-market purchase or sale.
What do Craig Conway’s Restricted Stock Units in Salesforce (CRM) convert into?
The Restricted Stock Units convert into Salesforce common stock on a one-for-one basis. That means each RSU becomes a single share of common stock when it is settled, as described in the footnotes to the Form 4 filing.
What is the vesting schedule for Craig Conway’s Salesforce (CRM) Restricted Stock Units?
The Restricted Stock Units vest in four equal installments of 25% each. Vesting dates are February 22, 2026, May 22, 2026, August 22, 2026, and November 22, 2026, as specified in the Form 4 footnotes.
Was Craig Conway’s Salesforce (CRM) Form 4 a stock purchase or sale?
The Form 4 reflects an exercise or conversion of derivative securities, not a market purchase or sale. Transaction code “M” and the description confirm it relates to converting Restricted Stock Units into common stock at a reported price of $0.0000 per share.