Form 4: Salesforce Director Neelie Kroes Reports Stock Transactions
SEC Form 4 Filing
Director Neelie Kroes reports the acquisition and disposal of Salesforce common stock and restricted stock units on May 22, 2024.
Summary
- Neelie Kroes, a director of Salesforce, reported transactions involving the company's stock on May 22, 2024.
- These transactions included the acquisition of 330 shares of common stock upon the vesting of restricted stock units and the disposal of 99 shares to cover tax liabilities.
- Following these transactions, Kroes directly owns 9,842 shares of Salesforce common stock and 660 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company director, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities in the company's stock.
Stakeholder Impact
- The transactions have a minimal impact on stakeholders as they represent a small portion of the overall outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 02/22/2024 | Date when 25% of the restricted stock units vest. |
| 05/22/2024 | Date of the reported stock transactions, including acquisition and disposal of shares and vesting of restricted stock units. |
| 08/22/2024 | Date when 25% of the restricted stock units vest. |
| 11/22/2024 | Date when 25% of the restricted stock units vest. |
| 05/23/2024 | Date of the report filing. |
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