Salesforce Director Sachin Mehra Converts RSUs, Disposes 441 Shares

What Happened Sachin J. Mehra, a director of Salesforce, reported the conversion of 441 restricted stock units (RSUs) into 441 shares of common stock on 2026-08-22 (reported on Form 4 filed 2026-08-24). The filing shows an acquisition of 441 shares at $0.00 and a simultaneous disposition of 441 shares at $0.00, indicating a conversion/settlement event rather than an open-market purchase or sale for cash.

Key Details

• Transaction date: 2026-08-22; Form 4 filed: 2026-08-24 (timely filing).
• Transaction type/code: M — exercise or conversion of a derivative (conversion of RSUs to common shares).
• Reported amounts/prices: 441 shares acquired @ $0.00; 441 shares disposed @ $0.00 (reported value $0).
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes: F1 — RSUs convert one-for-one to common stock. F2 — These RSUs vest in four equal tranches, including 8/22/2026 (25% each on Feb 22, May 22, Aug 22, Nov 22).
• No explicit 10b5-1 plan, tax-withholding code, or late-filing flag shown in the provided data.

Context This filing reflects RSU vesting and conversion into common shares, with an immediate disposition of the same number of shares (a common administrative outcome when shares are sold or transferred to satisfy tax withholding or other settlement needs). Because the reported price is $0.00, there was no cash exercise; the event does not by itself indicate a separate open-market buy or sell decision by the director.