Form 4: Salesforce Co-Founder Harris Reports Stock Transactions

Salesforce Co-Founder and CTO, Slack, Parker Harris, reported multiple transactions involving common stock and restricted stock units, including acquisitions through vesting and dispositions for tax liabilities.

Summary

• Parker Harris, Co-Founder and CTO, Slack, and a Director of Salesforce, Inc., reported transactions on December 22, 2025.
• Acquired 1,002 shares of Common Stock upon the vesting of Restricted Stock Units (RSUs) at a price of $0.
• Disposed of 497 shares of Common Stock at $264.63 to satisfy tax liabilities related to the RSU vesting.
• Acquired an additional 1,269 shares of Common Stock upon the vesting of Restricted Stock Units (RSUs) at a price of $0.
• Disposed of 630 shares of Common Stock at $264.63 to satisfy tax liabilities related to the second RSU vesting.
• Following these reported transactions, direct beneficial ownership of Common Stock is 140,911 shares.
• Indirect beneficial ownership includes 930,987 shares held in The G. Parker Harris III & Holly L. Johnson Family Trust and 761,507 shares held across various LLCs managed by the reporting person and his spouse.

Sentiment

Score: 6

Explanation: The filing reports routine insider transactions, including the vesting of restricted stock units and subsequent sales to cover tax obligations. This is a standard practice for executives and indicates ongoing equity compensation, which is generally a neutral to slightly positive signal for executive retention and alignment.

Positives

• Parker Harris acquired a total of 2,271 shares of common stock through the vesting of Restricted Stock Units, indicating continued equity compensation and alignment with shareholder interests.
• The vesting of RSUs demonstrates ongoing commitment and retention of a key executive within Salesforce.

Negatives

• Disposed of a total of 1,127 shares of common stock to cover tax liabilities associated with RSU vesting, which is a common practice but reduces direct ownership.

Future Outlook

Restricted Stock Units are scheduled to continue vesting quarterly, with expiration dates in March 2026 and March 2028, indicating future equity compensation for the reporting person.

Related Party Transactions

• Shares are held indirectly through The G. Parker Harris III & Holly L. Johnson Family Trust.
• Shares are held indirectly through various LLCs managed by the reporting person and his spouse.

Stakeholder Impact

• Shareholders: Provides transparency into executive stock ownership and compensation practices, confirming ongoing equity incentives for a key executive.
• Employees: Reflects standard executive compensation structures, potentially influencing employee perception of equity programs and retention strategies.

Next Steps

• Continued quarterly vesting of Restricted Stock Units as per the established schedules until their respective expiration dates in March 2026 and March 2028.

Key Dates

Recommendation

The filing details routine insider transactions, specifically the vesting of restricted stock units and subsequent sales to cover tax liabilities. These are standard compensation events and do not provide new information that would significantly alter the investment thesis for Salesforce, Inc. Therefore, a 'hold' recommendation is appropriate, maintaining current positions based on broader company fundamentals and market conditions.

Keywords

Salesforce, CRM, Parker Harris, Insider Trading, Form 4, Stock Transactions, Restricted Stock Units, RSU Vesting, Beneficial Ownership