Salesforce (NYSE: CRM) president logs RSU vesting and option award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Salesforce, Inc. president and COFO Robin L. Washington reported compensation-related equity activity. On March 22, 2026, 7,323 restricted stock units converted into common stock, and after 2,864 shares were withheld to cover taxes, she directly held 47,904 common shares.
She also received awards covering 58,352 shares through a fiscal 2026 performance stock option with a $280.62 exercise price and 47,059 restricted stock units that vest over time. These transactions reflect equity grants and vesting rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,323 shares exercised/converted
Mixed
5 txns
Insider
Washington Robin L
Role
President and COFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 7,323 | $0.00 | -- |
| Grant/Award | Performance Stock Option | 58,352 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 47,059 | $0.00 | -- |
| Exercise | Common Stock | 7,323 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,864 | $195.38 | $560K |
Holdings After Transaction:
Restricted Stock Units — 21,972 shares (Direct);
Performance Stock Option — 58,352 shares (Direct);
Common Stock — 50,768 shares (Direct)
Footnotes (1)
- Represents shares withheld to satisfy the reporting person's tax liability upon vesting and settlement of a restricted stock unit award. 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 March 22, 2026 and vest as to 1/16 of the original grant quarterly thereafter. This represents the number of shares subject to fiscal year 2026 performance option that were earned based upon the achievement of applicable performance criteria with a performance period that ended on January 31, 2026. 25% of the earned option shares will become vested on March 22, 2026, with the remaining option shares becoming vested in equal monthly installments over the following 36 months, subject to the holder's continued service through each such date. These restricted stock units vest as to 25% of the original grant on March 22, 2027 and vest as to 1/16 of the original grant quarterly thereafter.
FAQ
What did Salesforce (CRM) executive Robin Washington report in this Form 4?
Robin L. Washington reported equity compensation activity, including RSU vesting into 7,323 common shares and tax withholding of 2,864 shares. She also received new performance stock options and restricted stock units that will vest over future service periods.
What new equity awards did Robin Washington receive from Salesforce (CRM)?
She received a performance stock option covering 58,352 shares with a $280.62 exercise price and a grant of 47,059 restricted stock units. Both awards vest over time based on continued service and, for the option, previously achieved performance criteria.
Was there an open-market sale or purchase of Salesforce stock in this Form 4?
No open-market buy or sell is shown. The disposition of 2,864 shares was for tax withholding upon RSU vesting, not a market sale. The remaining entries represent grants and conversions of equity awards into common stock.
How do the reported RSUs in Salesforce’s Form 4 convert into common stock?
The filing states that restricted stock units convert into Salesforce common stock on a one-for-one basis. In this case, 7,323 RSUs converted into 7,323 common shares when they vested, before accounting for shares withheld for taxes.
What is the vesting schedule for Robin Washington’s new Salesforce equity awards?
For the performance option, 25% of earned shares vest on March 22, 2026, with the rest vesting monthly over 36 months. The new RSUs vest 25% on March 22, 2027, and then 1/16 of the original grant vests quarterly thereafter.