Form 4: Salesforce Director Craig Conway Reports Stock Transactions
SEC Form 4 Filing
Director Craig Conway reports the vesting and conversion of restricted stock units into Salesforce common stock.
Summary
- Craig Conway, a director of Salesforce, Inc., filed a Form 4 with the SEC.
- The report details the transaction of restricted stock units converting into common stock on February 22, 2025.
- 275 restricted stock units were converted into 275 shares of common stock.
- Following the transaction, Conway directly owns 7,790 shares of common stock and 822 derivative securities.
Sentiment
Score: 5
Explanation: This is a routine transaction disclosure, neither particularly positive nor negative.
Future Outlook
The remaining restricted stock units will vest in tranches on May 22, 2025, August 22, 2025, and November 22, 2025.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, such as directors and officers, in their company's stock.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 02/22/2025 | Date of transaction: Conversion of restricted stock units to common stock. |
| 02/22/2025 | 25% of the original grant of restricted stock units vest. |
| 05/22/2025 | 25% of the original grant of restricted stock units vest. |
| 08/22/2025 | 25% of the original grant of restricted stock units vest. |
| 11/22/2025 | 25% of the original grant of restricted stock units vest. |
| 02/24/2025 | Date of Form 4 filing. |
Keywords
Form 4, Salesforce, Craig Conway, Stock Transaction, Restricted Stock Units, Director
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