Tallapragada Srinivas 4

What Happened
Tallapragada Srinivas, Salesforce's Chief Engineering & Customer Success Officer, had 1,785 restricted stock units (RSUs) convert to common shares on January 22, 2026. Of those, 657 shares were withheld to satisfy tax withholding obligations at an implied price of $228.09 per share, totaling $149,855. The RSU conversion shows an acquisition of 1,785 shares at $0.00 (vesting), with the withholding recorded as a disposition of 657 shares for tax payment.

Key Details

• Transaction date: 2026-01-22 (reported 2026-01-23). Filing appears timely (next-day filing).
• RSU conversion: 1,785 shares acquired upon vesting (reported as exercise/conversion of derivative, code M).
• Tax withholding: 657 shares withheld/disposed at $228.09 each to cover $149,855 in tax liability (code F).
• Shares owned after the transaction: not specified in the provided filing details.
• Footnotes: RSUs convert one-for-one to common stock; the grant vests 25% on April 22, 2024, then 1/16 of the original grant quarterly thereafter. Withholding represents shares retained to satisfy tax obligations (routine).

Context
This was a routine RSU vesting and share-withholding for taxes, not an open-market sale or a purchase signal. The conversion of RSUs to shares and the withholding of shares to cover taxes is common compensation processing (a cashless settlement mechanism). There is no indication in this filing of additional buy/sell intentions beyond the tax-related withholding.