Form 4: Salesforce Director John Roos Reports Stock Transactions
SEC Form 4
Director John Roos reports the vesting of restricted stock units into Salesforce common stock.
Summary
- On August 22, 2024, John Roos, a director of Salesforce, Inc., reported the vesting of 330 shares of common stock from restricted stock units.
- The transaction was executed under Transaction Code M, indicating the exercise or conversion of derivative securities.
- Following the transaction, Roos directly owns 14,537 shares of Salesforce common stock and 330 restricted stock units.
- The restricted stock units convert to shares of common stock on a one-for-one basis and vest quarterly.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock transactions by a company director, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 02/22/2024 | 25% of restricted stock units vest |
| 05/22/2024 | 25% of restricted stock units vest |
| 08/22/2024 | 330 shares of common stock acquired through vesting of restricted stock units; 25% of restricted stock units vest |
| 11/22/2024 | 25% of restricted stock units vest |
| 08/23/2024 | Date of signature for the Form 4 filing |
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