MUNOZ OSCAR 4
Research Summary
AI-generated summary
Salesforce Director Oscar Munoz Receives 1,766-Share RSU Award
What Happened
Oscar Munoz, a director at Salesforce, was awarded 1,766 restricted stock units (RSUs) on 2026-02-01. The grant is reported as a derivative award (transaction code A) with an acquisition price of $0.00 (nominal transaction value $0). These RSUs convert to common shares one-for-one when they vest.
Key Details
- Transaction date: 2026-02-01; Form 4 filed: 2026-02-02 (timely filing).
- Award: 1,766 RSUs at $0.00 (derivative award, code A).
- Vesting: 25% of the original grant vests on each of Feb 22, 2026; May 22, 2026; Aug 22, 2026; and Nov 22, 2026 (see footnote).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Filing status: Timely (filed the day after the reported grant).
- Footnotes: F1 — RSUs convert one-for-one into common stock. F2 — Vesting schedule is quarterly in 2026.
Context
This is a standard equity compensation grant to a director rather than an open-market purchase or sale; it increases potential future share ownership as RSUs vest and convert to common stock. Because the reported acquisition price is $0, the filing shows the grant itself rather than a cash purchase; it does not indicate any immediate sale or exercise.