DONALD ARNOLD W 4

What Happened

• Donald W. Arnold, a director of Salesforce, had 442 restricted stock units (RSUs) convert into 442 shares of common stock on May 22, 2026. The Form 4 also shows a simultaneous disposition of 442 shares. Both the acquisition and disposition are reported at $0. The transactions correspond to an RSU vesting event rather than a cash purchase or market sale.

Key Details

• Transaction date: May 22, 2026; Form 4 filed May 26, 2026 (4 days after the transaction).
• Reported prices: $0.00 for both acquisition and disposition entries (no cash paid/received in the filing).
• Shares owned after transaction: not specified in this Form 4.
• Footnotes: F1 — RSUs convert 1:1 to common shares. F2 — These RSUs vest 25% on Feb 22, May 22, Aug 22, and Nov 22, 2026 (this transaction aligns with the May 22 vesting).
• Filing timing: Filed four days after the transaction; insiders are generally required to report within two business days, so there is a gap between the trade date and the filing.

Context

• This was an RSU vesting/conversion event (derivative conversion), not an open-market purchase or sale for cash. The simultaneous disposition at $0 often reflects employer withholding of shares to satisfy tax withholding or similar obligations, though this Form 4 does not explicitly state the reason. Such vesting-related conversions are routine and do not necessarily signal a change in insider sentiment.