Conway Craig 4

What Happened Conway Craig, a director of Salesforce, reported the conversion/exercise of a derivative on May 22, 2026. The filing shows 442 shares were acquired at $0.00 (conversion of RSUs) and the same 442 shares were disposed the same day at $0.00. The reported dollar value for both the acquisition and disposition is $0.

Key Details

• Transaction date: 2026-05-22 (filed with the SEC on 2026-05-26).
• Reported transactions: Exercise/conversion of derivative (code M) — 442 shares acquired @ $0.00; 442 shares disposed @ $0.00.
• Shares owned after transaction: Not stated in the provided filing excerpt.
• Footnotes: F1 — RSUs convert 1-for-1 to common stock. F2 — These RSUs vest 25% on Feb 22, May 22, Aug 22, and Nov 22, 2026 (May 22 was a scheduled vesting date).
• Filing timeliness: Filing date (May 26) covers the May 22 transaction and appears timely based on the provided dates.

Context The filing indicates conversion of vested restricted stock units (RSUs) into common shares, with an immediate same-day disposition at $0 reported. There was no open-market purchase or cash proceeds reported here; conversions and immediate disposals around vesting dates are often administrative (e.g., settlement or withholding) rather than directional insider buys or sales. The footnotes confirm this was a scheduled vesting event.