Salesforce, Inc.·4

Jul 23, 6:31 PM ET

Harris Parker 4

4 · Salesforce, Inc. · Filed Jul 23, 2026

Research Summary

AI-generated summary of this filing

Updated

Salesforce (CRM) Director Harris Parker Receives RSU Shares

What Happened

  • Harris Parker, Co‑Founder and CTO of Slack and a Salesforce director, reported the vesting/settlement of restricted stock units (RSUs) on July 22, 2026. The filing shows 1,786 RSUs converted to common shares (reported as a derivative conversion). To satisfy tax withholding, 886 of those shares were withheld/disposed at $163.00 each for a tax payment of $144,418. Net shares retained from this vesting event: 900 shares. The RSU conversion is recorded with an exercise/conversion price of $0.

Key Details

  • Transaction date: July 22, 2026; Form 4 filed July 23, 2026 (timely).
  • Conversion: 1,786 RSUs → 1,786 shares (conversion/exercise code M, $0 exercise price).
  • Tax withholding: 886 shares disposed at $163.00 each, totaling $144,418 (code F).
  • Net shares added from this vesting: 900 shares (1,786 − 886).
  • Shares owned after transaction: Not specified in the provided filing.
  • Relevant footnotes from the filing: F1 (shares withheld to satisfy tax liability on RSU settlement), F4 (RSUs convert 1:1 to common stock), F5 (original vesting schedule: 25% on 4/22/2024, then 1/16 quarterly), plus holdings noted in a family trust (F2) and an LLC managed by the reporting person and spouse (F3).

Context

  • This was an RSU vesting and tax‑withholding event — a routine, non‑open market transaction where shares are withheld to cover taxes (a common cashless settlement). It is not a sale signaling immediate cashing out of all vested shares. The filing does not indicate any 10%‑owner transactions or an open‑market sale tied to a trading plan.

Insider Transaction Report

Form 4
Period: 2026-07-22
Harris Parker
DirectorCo-Founder and CTO, Slack
Transactions
  • Exercise/Conversion

    Common Stock

    2026-07-22+1,786164,174 total
  • Tax Payment

    Common Stock

    [F1]
    2026-07-22$163.00/sh886$144,418163,288 total
  • Exercise/Conversion

    Restricted Stock Units

    [F4][F5]
    2026-07-221,7865,356 total
    Exercise: $0.00From: 2024-04-22Exp: 2027-04-22Common Stock (1,786 underlying)
Holdings
  • Common Stock

    [F2]
    (indirect: By Trust)
    930,987
  • Common Stock

    [F3]
    (indirect: By LLC)
    115,840
  • Common Stock

    [F3]
    (indirect: By LLC)
    171,323
  • Common Stock

    [F3]
    (indirect: By LLC)
    115,840
  • Common Stock

    [F3]
    (indirect: By LLC)
    171,324
  • Common Stock

    [F3]
    (indirect: By LLC)
    115,840
  • Common Stock

    [F3]
    (indirect: By LLC)
    171,324
Footnotes (5)
  • [F1]Represents shares withheld to satisfy the reporting person's tax liability upon vesting and settlement of a restricted stock unit award.
  • [F2]Shares held in The G. Parker Harris III & Holly L. Johnson Family Trust.
  • [F3]The reported securities are held by an LLC that is managed by the reporting person and his spouse.
  • [F4]Restricted Stock Units convert to shares of common stock on a one-for-one basis.
  • [F5]These restricted stock units vest as to 25% of the original grant on April 22, 2024 and vest as to 1/16 of the original grant quarterly thereafter.
Signature
/s/ Sarah Dale, Attorney-in-Fact for Parker Harris|2026-07-23

Documents

1 file
  • 4
    form4.xmlPrimary

    PRIMARY DOCUMENT