Form 4: Salesforce Director Arnold W. Donald Reports Stock Transactions
SEC Form 4 Filing
Director Arnold W. Donald reports the vesting of restricted stock units and subsequent conversion to common stock.
Summary
- On February 22, 2025, Salesforce director Arnold W. Donald reported transactions involving Salesforce common stock and restricted stock units.
- Donald converted 275 restricted stock units into 275 shares of common stock.
- Following the transaction, Donald directly owns 161 shares of common stock and indirectly owns 3,709 shares through the Arnold W. Donald Rev Trust.
- He also directly owns 822 derivative securities (Restricted Stock Units).
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for directors and officers of publicly traded companies like Salesforce.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine vesting of stock options.
Key Dates
| Date | Description |
|---|---|
| 02/22/2025 | Date of transaction: conversion of restricted stock units to common stock. |
| 02/22/2025 | 25% of the restricted stock units vest. |
| 05/22/2025 | 25% of the restricted stock units vest. |
| 08/22/2025 | 25% of the restricted stock units vest. |
| 11/22/2025 | 25% of the restricted stock units vest. |
| 02/24/2025 | Date of Form 4 filing. |
Keywords
Salesforce, Director, Stock Transaction, Form 4, Restricted Stock Units, Common Stock, Beneficial Ownership
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