STOCK TITAN

Amy Chang (NYSE: CRM) converts 442 RSUs into Salesforce common stock

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  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.
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
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.
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SEC Form 4
FORM 4UNITED 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
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*
Chang Amy

(Last)(First)(Middle)
415 MISSION STREET
3RD FLOOR

(Street)
SAN FRANCISCO CALIFORNIA 94105

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Salesforce, Inc. [ CRM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/22/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock05/22/2026M442A$01,732D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units$0(1)05/22/2026M44202/22/2026(2)11/22/2026Common Stock442$0882D
Explanation of Responses:
1. Restricted Stock Units convert to shares of common stock on a one-for-one basis.
2. 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.
/s/ Sarah Dale, Attorney-in-Fact for Amy Chang05/26/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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 Salesforce shares does Amy Chang hold after this Form 4?

After the reported transaction, Amy Chang directly holds 1,732 shares of Salesforce common stock. This position reflects shares received through equity awards, including the 442 shares issued from restricted stock units that converted on May 22, 2026, according to the filing.

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.

Is Amy Chang’s Salesforce Form 4 an open-market buy or sell of CRM shares?

The filing does not show any open-market buying or selling. It reports a derivative exercise, where 442 restricted stock units converted into common stock at $0.00 per share, reflecting compensation vesting rather than discretionary trading in Salesforce shares.

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.