KROES NEELIE 4
Research Summary
AI-generated summary
Salesforce (CRM) Director Neelie Kroes Receives 1,766 RSU Award
What Happened Neelie Kroes, a director of Salesforce, was granted 1,766 restricted stock units (RSUs) on February 1, 2026. The grant is recorded at $0.00 (no cash paid) and is a derivative award that will convert into common shares on a one-for-one basis. This is a compensation award (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-02-01; 1,766 RSUs @ $0.00 (derivative award).
- Shares after transaction: Not specified in the provided filing details.
- 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).
- Footnotes: F1 — RSUs convert to common stock 1-for-1. F2 — quarterly vesting schedule as listed above.
- Filing timeliness: Report filed 2026-02-02 for a 2026-02-01 transaction; no late filing indicated in the provided data.
Context Restricted stock units are a common form of equity compensation for directors and executives. They do not represent immediate ownership of shares until they vest and convert, and they typically have tax implications at vesting. Because this is a grant (compensation), it should be viewed differently from an insider purchase (which can signal confidence) or a sale (which can signal liquidity needs).