Chang Amy 4

What Happened

• Amy Chang, a director of Salesforce, had 442 restricted stock units convert to 442 shares of common stock on May 22, 2026. The Form 4 reports an "exercise/conversion of derivative" for 442 shares acquired at $0.00 and a corresponding derivative disposition for 442 shares at $0.00. This reflects scheduled RSU vesting/conversion rather than an open-market purchase or sale — no cash paid or shares sold in this transaction.

Key Details

• Transaction date: 2026-05-22; Form 4 filed: 2026-05-26.
• Reported amounts: 442 shares acquired @ $0.00; 442 shares disposed (derivative) @ $0.00.
• Shares owned after transaction: not specified in the provided filing summary.
• Footnotes: F1 — RSUs convert one-for-one to common shares; F2 — these RSUs vest 25% on each of Feb 22, May 22, Aug 22, and Nov 22, 2026 (May 22 was a scheduled vest date).
• Filing timeliness: Form 4 was filed May 26, 2026; the filing does not indicate a late-reporting flag.

Context

• This is a routine RSU vesting/conversion (derivative conversion), not a market buy or sell. The separate "disposed" derivative line typically shows the cancellation/conversion of the RSU instrument when shares are issued. Such award vesting is common compensation and should be viewed as compensation realization, not necessarily a bullish or bearish trading signal.