Salesforce, Inc.·4

Apr 23, 5:57 PM ET

Harris Parker 4

Research Summary

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Salesforce (CRM) Director Harris Parker Exercises RSUs, Sells Shares for Taxes

What Happened
Harris Parker, co‑founder and CTO of Slack and a Salesforce director, had restricted stock units vest and convert into 1,785 shares (no cash exercise). To satisfy tax withholding on the award and a performance RSU award, a total of 14,667 shares were withheld/surrendered (886 and 13,781 shares) at $189.80 per share, producing aggregate withholding proceeds of about $2.78 million. The transactions were reported on a Form 4 filed 2026‑04‑23 for activity on 2026‑04‑22.

Key Details

  • Transaction date: 2026-04-22; Form 4 filed 2026-04-23 (timely filing).
  • Conversions/vesting: 1,785 RSUs converted to common stock at $0.00 (one‑for‑one conversion). (Code M)
  • Tax withholding/surrendered shares: 886 shares for $168,163 and 13,781 shares for $2,615,634 (each at $189.80). (Code F)
  • Total shares withheld/sold for taxes: 14,667; total value ≈ $2,783,797.
  • Shares owned after the transactions: not specified in the filing.
  • Footnotes: withholding was to satisfy tax liabilities on vested RSUs (F1, F2); RSUs convert one‑for‑one and vest per the grant schedule (F5, F6). Some reported holdings are held in a family trust or an LLC managed by the reporting person and spouse (F3, F4).

Context
These entries reflect routine settlement of vested restricted stock units and share withholding to cover tax liabilities (a common, non‑market‑timing transaction), not an open‑market sale for investment reasons. The filing shows conversion/settlement of RSUs and withholding of shares rather than a discretionary sale by the insider.