Form 4: Laura Alber, Salesforce Director, Acquires 1,097 Restricted Stock Units
SEC Form 4 Filing
Salesforce director Laura Alber acquired 1,097 restricted stock units (RSUs) that convert to common stock, according to a recent SEC Form 4 filing.
Summary
- On February 1, 2025, Laura Alber, a director of Salesforce, Inc., acquired 1,097 Restricted Stock Units (RSUs).
- These RSUs convert to shares of common stock on a one-for-one basis.
- The RSUs vest in four equal installments of 25% each on February 22, 2025, May 22, 2025, August 22, 2025, and November 22, 2025.
- Following the transaction, Ms. Alber directly owns 1,097 derivative securities.
Sentiment
Score: 5
Explanation: The document is a neutral report of a director's stock acquisition, a common practice. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock-based compensation for a company director, which is a common practice in publicly traded companies like Salesforce to align the interests of management with those of shareholders.
Stakeholder Impact
- The acquisition of RSUs by a director can align their interests with shareholders, potentially encouraging decisions that increase shareholder value.
Key Dates
| Date | Description |
|---|---|
| 02/01/2025 | Date of transaction: Laura Alber acquired 1,097 Restricted Stock Units. |
| 02/22/2025 | First vesting date: 25% of the RSUs vest. |
| 05/22/2025 | Second vesting date: 25% of the RSUs vest. |
| 08/22/2025 | Third vesting date: 25% of the RSUs vest. |
| 11/22/2025 | Fourth vesting date: 25% of the RSUs vest. |
| 02/03/2025 | Date of Form 4 filing. |
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