SACHIN J. MEHRA 4

What Happened Sachin J. Mehra, a director of Salesforce, had 442 restricted stock units (RSUs) convert to 442 shares on February 22, 2026 (reported on Form 4). The filing shows an exercise/conversion (transaction code M) acquiring 442 shares at $0.00 and a simultaneous disposition of 442 shares at $0.00 (derivative). The transactions are routine vesting/conversion activity rather than an open‑market purchase or sale for investment purposes.

Key Details

• Transaction date: 2026-02-22 (filed 2026-02-23).
• Acquired: 442 shares via conversion of RSUs at $0.00 (code M).
• Disposed: 442 shares at $0.00 (derivative disposal recorded concurrently).
• Shares owned after transaction: Not specified in the filing.
• Footnotes: F1—RSUs convert one-for-one to common shares; F2—these RSUs vest 25% on Feb 22, 2026, May 22, 2026, Aug 22, 2026, and Nov 22, 2026.
• Filing timeliness: Filed the next day; no late filing indicated.

Context The Form 4 reports a conversion of RSUs to common stock (derivative exercise/conversion). The matching acquisition and disposition of 442 shares is consistent with routine tax-withholding or cashless settlement on vesting (the filing records the disposal as a derivative), but the filing does not state the exact reason. Such RSU vesting events are normal compensation-related transactions and should not be interpreted alone as a bullish or bearish signal.