Washington Robin L 4

What Happened Robin L. Washington, President and Chief Operating and Financial Officer (and Director) of Salesforce, had 1,831 restricted stock units (RSUs convert one-for-one) vest and settle on 2026-06-22. All 1,831 RSU shares converted to common stock at an indicated price of $150.12 per share (total value ≈ $274,870). To cover tax withholding, 908 shares were disposed/withheld (reporting code F) valued at $150.12 each for a cash value of $136,309; the remaining 923 shares were delivered to Washington (net value ≈ $138,561). The Form 4 was filed on 2026-06-23 (timely).

Key Details

• Transaction date: 2026-06-22; filing date: 2026-06-23 (timely).
• RSU conversion price used in filing: $150.12 per share.
• Gross shares converted: 1,831; shares withheld for taxes: 908 (value $136,309); net shares delivered: 923 (approx. $138,561).
• Footnotes: F1 = shares withheld to satisfy tax liability; F2 = RSUs convert 1:1 to common stock; F3 = vesting schedule — 25% on 2026-03-22 and 1/16 quarterly thereafter.
• Shares owned after the transaction are not reported in the provided data.

Context

• This was a standard RSU vesting and tax-withholding event, not an open-market purchase or a sale intended as investment action. The tax withholding (code F) is routine and does not necessarily indicate a change in insider sentiment.
• For derivative/RSU events: RSUs became common shares (cashless settlement via share withholding for taxes).