Salesforce Director Craig Conway Exercises RSUs, Disposes 441 Shares

What Happened
Craig Conway, a director of Salesforce, converted/exercised 441 restricted stock units (RSUs) into 441 shares on August 22, 2026 and simultaneously disposed of 441 shares. Both the acquisition and the disposition are reported at $0.00 per share (total reported value $0). This transaction reflects a conversion/settlement of equity awards rather than an open‑market purchase.

Key Details

• Transaction date: 2026-08-22 (reported on Form 4 filed 2026-08-24) — filing appears timely.
• Reported transactions: 441 shares acquired via exercise/conversion (code M) at $0.00; 441 shares disposed (derivative) at $0.00.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes from the filing:
  • F1: RSUs convert to common stock on a one-for-one basis.
  • F2: These RSUs vest 25% on each of Feb 22, May 22, Aug 22 and Nov 22, 2026 (the Aug 22 tranche appears to have vested).
• Transaction type: derivative conversion/settlement (not an open‑market purchase or sale by price/value).

Context
Restricted stock unit conversions are common when awards vest; the filing shows RSUs converted to shares and a same-day disposition of those shares. For retail investors, conversions/vestings are generally administrative and do not by themselves signal a buy decision by the insider.