Salesforce (CRM) Director Donald W. Arnold Converts 441 RSUs, Disposes 441 Shares

What Happened Donald W. Arnold, a director of Salesforce, had 441 restricted stock units (RSUs) convert into 441 shares of common stock on August 22, 2026 (transaction code M — exercise/conversion of a derivative). The filing also shows a simultaneous disposition of 441 shares on the same date. The conversion price is reported as $0.00, indicating a vesting/conversion event rather than an open-market purchase.

Key Details

• Transaction date: August 22, 2026; Form filed August 24, 2026 (appears timely).
• Converted/acquired: 441 shares at $0.00 (derivative conversion of RSUs).
• Disposed: 441 shares at $0.00 (filing lists as a disposition; specific sale price or method not shown).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes: F1 — RSUs convert one-for-one to common stock. F2 — These RSUs vest 25% each on Feb 22, May 22, Aug 22 and Nov 22, 2026.
• No explicit 10b5-1, tax-withholding, or sale method is listed in the excerpt.

Context

• The M code denotes conversion/exercise of a derivative instrument; here it reflects RSUs vesting and converting to shares. The immediate, equal disposal of the same number of shares often (but not always) reflects tax withholding or a cashless sale to cover taxes/fees; the filing does not specify the reason or proceeds. This is a routine insider vesting/conversion event rather than an open-market purchase or an executive-initiated sale for other purposes.