Conway Craig 4

What Happened

• Conway Craig, a director of Salesforce, reported the conversion (exercise) of 442 restricted stock units into 442 shares of common stock on February 22, 2026. The filing shows the acquisition price as $0.00 (reflecting RSU conversion rather than a cash purchase).
• The same filing also records a simultaneous disposition of 442 shares at $0.00. The transaction value reported in the Form 4 is $0.

Key Details

• Transaction date: February 22, 2026; Form 4 filed February 23, 2026.
• Acquired: 442 shares via derivative conversion (code M) at $0.00.
• Disposed: 442 shares (derivative) at $0.00, same date.
• Shares owned after transaction: Not specified in the excerpt of the filing provided.
• Footnotes: F1 — RSUs convert to common stock one-for-one. F2 — These RSUs vest 25% on each of Feb 22, May 22, Aug 22, and Nov 22, 2026.
• Filing timeliness: Filed the day after the transaction; no late filing flag indicated.

Context

• This filing reflects RSU vesting and conversion to shares (an award/settlement), not an open-market purchase or typical sale for cash. A $0.00 price is common when RSUs convert to shares because there is no exercise purchase price.
• The matching acquisition and disposition of 442 shares at $0.00 is consistent with RSU settlement mechanics (e.g., net share settlement or other internal adjustments), but the Form 4 provided does not explain the reason for the disposition.