SACHIN J. MEHRA 4

What Happened
Sachin J. Mehra, a director of Salesforce, had 442 restricted stock units (RSUs) convert into 442 shares on May 22, 2026. The Form 4 reports an "exercise/conversion of derivative" (code M) showing 442 shares acquired at $0.00 and 442 shares disposed at $0.00 on the same date. The filing records $0.00 per share for these entries, consistent with a conversion of RSUs rather than a cash purchase.

Key Details

• Transaction date: May 22, 2026 (Period of Report); Form 4 filed May 26, 2026. Filing is within the Form 4 reporting window (timely).
• Reported amounts: 442 shares acquired @ $0.00; 442 shares disposed @ $0.00 (both coded M).
• Shares owned after transaction: not specified in the provided excerpt.
• Footnotes: F1 — RSUs convert to common stock one-for-one. F2 — these RSUs vest quarterly (25% on 2/22/26, 5/22/26, 8/22/26, 11/22/26).
• Transaction code: M = exercise or conversion of a derivative (here, RSU conversion). No sale proceeds or tax-withholding details are shown in the provided data.

Context
This filing reflects RSU vesting and conversion to shares, with the converted shares reported as disposed the same day. Conversions of RSUs are routine compensation events and are recorded at $0.00 per share on Form 4 when reporting the conversion itself; the Form 4 excerpt provided does not show cash proceeds, sales price, or tax-withholding actions. Purchases are generally more indicative of a bullish insider signal; RSU vesting/conversion and immediate disposition are common and do not, by themselves, indicate insider sentiment.