MUNOZ OSCAR 4
Research Summary
AI-generated summary
Salesforce (CRM) Director Oscar Muñoz Receives 442 Shares
What Happened
Oscar Muñoz, a director of Salesforce, had 442 restricted stock units (RSUs) convert into 442 shares of common stock on February 22, 2026. The Form 4 reports an acquisition of 442 shares at $0.00 (conversion of the derivative award) and a corresponding derivative disposition entry; no cash was exchanged in the conversion.
Key Details
- Transaction date: 2026-02-22; Form 4 filed: 2026-02-23 (filed within the normal Form 4 window).
- Reported price: $0.00 (RSU conversion — no purchase price).
- Shares acquired: 442 shares via RSU conversion.
- Derivative reporting: filing shows both an acquisition (M) and a disposition (M) entry related to the derivative instrument — this is standard when RSUs/derivatives convert to shares.
- Footnotes: F1 — RSUs convert to common shares on a one-for-one basis. F2 — these RSUs vest 25% on each of Feb 22, May 22, Aug 22, and Nov 22, 2026.
- Shares owned after transaction: not specified in the provided excerpt of the filing.
Context
This was a routine vesting/conversion of previously granted RSUs, not an open-market purchase or sale. Such conversions reflect award vesting and do not by themselves indicate a directional trading signal; no cash was paid and no immediate sale was reported in the provided details.