Amy Chang (NYSE: CRM) converts 442 RSUs into Salesforce common stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Salesforce, Inc. director Amy Chang reported the exercise of restricted stock units into common shares. On May 22, 2026, 442 restricted stock units converted into 442 shares of common stock at a stated price of $0.00 per share, reflecting equity compensation vesting rather than an open-market purchase.
Following the transaction, Chang directly owned 1,732 shares of common stock. Her restricted stock unit balance was 882 units, which convert into common stock on a one-for-one basis. The RSUs from the original grant vest in four 25% installments on February 22, 2026, May 22, 2026, August 22, 2026, and November 22, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
442 shares exercised/converted
Mixed
2 txns
Insider
Chang Amy
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 442 | $0.00 | -- |
| Exercise | Common Stock | 442 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 882 shares (Direct, null);
Common Stock — 1,732 shares (Direct, null)
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.
Key Figures
RSUs exercised: 442 shares
Exercise price: $0.00 per share
Common shares held: 1,732 shares
+2 more
5 metrics
RSUs exercised
442 shares
Restricted stock units converted to common stock on May 22, 2026
Exercise price
$0.00 per share
Stated price for RSU conversion to common stock
Common shares held
1,732 shares
Total Salesforce common stock directly owned after transaction
RSUs remaining
882 units
Restricted stock units outstanding after the May 22, 2026 conversion
Vesting structure
25% per date
RSUs vest 25% on Feb 22, May 22, Aug 22, Nov 22, 2026
Key Terms
Restricted Stock Units, derivative security, vest
3 terms
Restricted Stock Units financial
"These restricted stock units vest as to 25% of the original grant..."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
derivative security financial
"transaction_action: derivative exercise/conversion; transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
vest financial
"These restricted stock units vest as to 25% of the original grant..."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What did Amy Chang report in her Salesforce (CRM) Form 4 filing?
Amy Chang reported exercising 442 restricted stock units into 442 Salesforce common shares on May 22, 2026, at a stated price of $0.00 per share. This reflects scheduled equity compensation vesting rather than an open-market stock purchase or sale.
How many restricted stock units does Amy Chang still have at Salesforce (CRM)?
Following the transaction, Amy Chang had 882 restricted stock units outstanding. Each unit converts into one Salesforce common share. These units are part of an equity award that vests in four equal 25% installments during 2026, as detailed in the footnotes.
What is the vesting schedule of Amy Chang’s Salesforce restricted stock units?
The restricted stock units vest in four equal 25% tranches. Vesting occurs on February 22, 2026, May 22, 2026, August 22, 2026, and November 22, 2026. As each tranche vests, units convert into Salesforce common stock on a one-for-one basis.