Sabastian Niles - 22 Mar 2025 Form 4 Insider Report for Salesforce, Inc. (CRM)

Role
President and CLO
Signature
/s/ Ryan Guerrero, Attorney-in-Fact for Sabastian Niles
Issuer symbol
CRM
Transactions as of
22 Mar 2025
Net transactions value
-$1,012,725
Form type
4
Filing time
25 Mar 2025, 17:12:28 UTC
Previous filing
26 Feb 2025
Next filing
23 May 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRM Common Stock Options Exercise $0 +4,061 +324% $0.000000 5,315 22 Mar 2025 Direct
transaction CRM Common Stock Sale $572,574 -2,012 -38% $284.58 3,303 24 Mar 2025 Direct F1
transaction CRM Common Stock Sale $440,151 -1,537 -47% $286.37 1,766 25 Mar 2025 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CRM Restricted Stock Units Options Exercise $0 -4,061 -25% $0.000000 12,185 22 Mar 2025 Common Stock 4,061 $0.000000 Direct F3, F4
transaction CRM Restricted Stock Units Award $0 +16,275 $0.000000 16,275 22 Mar 2025 Common Stock 16,275 $0.000000 Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 Represents a sale of shares to satisfy the tax withholding obligations of the Issuer with respect to the settlement of shares that were earned by the holder pursuant to a restricted stock unit award that vested based on the holder's continued employment through March 22, 2025.
F2 As indicated by the checkbox above, this transaction was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 12, 2024.
F3 Restricted Stock Units convert to shares of common stock on a one-for-one basis.
F4 These restricted stock units vest as to 25% of the original grant on March 22, 2025 and vest as to 1/16 of the original grant quarterly thereafter.
F5 These restricted stock snits vest as to 25% of the original grant on March 22, 2026 and vest as to 1/16 of the original grant quarterly thereafter.