Chang Amy 4
Research Summary
AI-generated summary
Salesforce (CRM) Director Amy Chang Receives 1,766 RSUs
What Happened
- Amy Chang, a director of Salesforce, was granted 1,766 restricted stock units (RSUs) on February 1, 2026. The grant is reported as an acquisition (A) at $0.00 and is a derivative award that will convert one-for-one into common stock upon vesting. This is a compensation/award transaction, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-02-01; Form 4 filed: 2026-02-02 (timely; directors must file within 2 business days).
- Grant size and price: 1,766 RSUs acquired @ $0.00 (derivative award).
- Vesting: 25% of the original grant vests on each of Feb 22, 2026; May 22, 2026; Aug 22, 2026; and Nov 22, 2026 (per footnote).
- Shares owned after the transaction: Not specified in the provided filing excerpt.
- Transaction code: A = Award/Grant. No indication in the excerpt of tax withholding, a cashless sale, or a 10b5-1 plan.
Context
- RSUs are a form of compensation that convert to actual shares when they vest; they are commonly used for retention and alignment with shareholders. Such awards are routine for executives and directors and do not, by themselves, indicate buying or selling sentiment.