Form 4: Salesforce CFO Amy Weaver Reports Stock Transactions

Amy Weaver, President and CFO of Salesforce, reported the vesting and subsequent sale of shares to cover tax obligations, along with other transactions involving common stock and restricted stock units.

Summary

• Amy Weaver, the President and CFO of Salesforce, filed a Form 4 detailing changes in her beneficial ownership of the company's securities.
• On June 22, 2024, restricted stock units converted to 871 and 1,002 shares of common stock.
• Also on June 22, 2024, 871 and 1,002 shares were acquired.
• On June 24, 2024, Weaver sold 438 and 504 shares of common stock at a price of $242.3233 per share.
• These sales were to satisfy tax withholding obligations related to the vesting of restricted stock units.
• Following these transactions, Weaver directly owns 50,221 shares of Salesforce common stock and 9,633 derivative securities.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common practice for publicly traded companies like Salesforce.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the sale of shares, but the overall impact is likely minimal.

Key Dates