Form 4: Salesforce CFO Amy Weaver Executes Stock Option and Sells Shares Under 10b5-1 Plan
SEC Form 4 Filing
Amy Weaver, President and CFO of Salesforce, exercised stock options and sold shares of common stock on March 17, 2025, under a pre-arranged Rule 10b5-1 trading plan.
Summary
- On March 17, 2025, Amy Weaver, the President and CFO of Salesforce, exercised non-qualified stock options to purchase 6,221 shares of Salesforce common stock at a price of $218.21 per share.
- Simultaneously, Weaver sold 6,221 shares of Salesforce common stock at a price of $277.37 per share.
- These transactions were executed automatically pursuant to a Rule 10b5-1 trading plan adopted on September 24, 2024.
- Following these transactions, Weaver directly owns 46,750 shares of Salesforce common stock and holds options for 37,235 shares.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
Executive stock transactions are a common occurrence in publicly traded companies. Rule 10b5-1 plans are frequently used to allow insiders to sell shares without being accused of trading on non-public information.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the impact is likely minimal given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 03/22/2023 | First vesting date of the non-qualified stock option (25% of the options). |
| 09/24/2024 | Date of adoption of the Rule 10b5-1 trading plan. |
| 03/17/2025 | Date of the stock option exercise and sale of shares. |
| 03/18/2025 | Date of the Form 4 filing. |
| 03/22/2029 | Expiration date of the non-qualified stock option. |
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