DONALD ARNOLD W 4
Research Summary
AI-generated summary
Salesforce (CRM) Director Donald W. Arnold Receives 442 Shares via RSU Conversion
What Happened Donald W. Arnold, a director of Salesforce, reported the conversion/settlement of 442 restricted stock units into 442 shares of common stock on February 22, 2026. The filing shows the derivative units converted (code M) with an acquisition of 442 shares at $0.00 and a corresponding disposition of 442 derivative units at $0.00—no cash was paid or received in the reported transactions.
Key Details
- Transaction date: February 22, 2026; Form 4 filed February 23, 2026 (timely).
- Reported entries: 442 shares acquired at $0.00 and 442 derivative units disposed at $0.00 (code M = exercise/conversion).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes: F1 — RSUs convert to common stock on a 1-for-1 basis. F2 — These RSUs vest in four installments: 25% on each of Feb 22, May 22, Aug 22, and Nov 22, 2026.
- No 10b5-1 plan, tax-withholding, or cashless-sale details were disclosed in the provided excerpt.
Context This action reflects a standard vesting/settlement of restricted stock units rather than an open-market purchase or sale. Such conversions are typically administrative (awarded compensation vesting) and do not, by themselves, indicate a buy or sell signal from the insider unless accompanied by separate sale transactions.