Form 4: Salesforce Director Maynard G. Webb Jr. Reports Stock Transactions
SEC Form 4 Filing
Director Maynard G. Webb Jr. reports transactions involving Salesforce (CRM) common stock and restricted stock units.
Summary
- On February 22, 2025, Maynard G. Webb Jr., a director of Salesforce, Inc., reported transactions involving the company's stock.
- Webb disposed of 275 shares of common stock and acquired 275 shares through the conversion of restricted stock units.
- Following these transactions, Webb directly owns 822 derivative securities and indirectly owns 187 shares through the Webb Family Trust.
- The restricted stock units vest in quarterly installments.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This is a routine disclosure of stock transactions by a company insider, which is common for publicly traded companies like Salesforce.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in beneficial ownership of a director.
Key Dates
| Date | Description |
|---|---|
| 02/22/2025 | Date of stock transactions and initial vesting date for restricted stock units. |
| 02/24/2025 | Date of Form 4 filing. |
| 05/22/2025 | Next vesting date for restricted stock units. |
| 08/22/2025 | Next vesting date for restricted stock units. |
| 11/22/2025 | Final vesting date for restricted stock units. |
Keywords
Salesforce, CRM, Director, Maynard Webb, Stock Transaction, Restricted Stock Units, Beneficial Ownership, Form 4
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