WEBB MAYNARD G JR 4

What Happened

• Webb Maynard G. Jr., a Director of Salesforce, had 442 restricted stock units (RSUs) convert to 442 shares of common stock on February 22, 2026 (reported as an exercise/conversion of a derivative security). The filing also shows a corresponding disposition of 442 shares with a reported price of $0.00 and total value $0.00.
• This transaction reflects a vesting/conversion event for equity awards rather than an open-market purchase or a cash sale by the insider.

Key Details

• Transaction date: 2026-02-22; Filing date (Form 4): 2026-02-23 (timely).
• Reported price per share: $0.00; reported total value: $0.00.
• Shares acquired via conversion: 442; shares disposed: 442.
• Shares owned after the transaction: Not disclosed in this filing.
• Footnotes: F1 — RSUs convert to common stock on a one-for-one basis. F2 — These RSUs vest 25% on each of Feb 22, May 22, Aug 22, and Nov 22, 2026.
• No 10b5-1 plan, tax-withholding code, or other disposition rationale was specified in the filing.

Context

• For retail investors: a conversion of RSUs to shares is typically a routine vesting event. The immediate disposition shown with $0.00 could reflect internal settlement mechanics (e.g., tax withholding or net share settlement), but the filing does not state the reason — do not assume an open-market sale or purchase.
• Because this was an award/vesting conversion (not a cash purchase), it provides limited new information about the director’s market view.