Form 4: Salesforce Director Oscar Munoz Reports Stock Transactions
SEC Form 4 Filing
Director Oscar Munoz reports the vesting and conversion of restricted stock units into Salesforce common stock.
Summary
- On February 22, 2025, Oscar Munoz, a director of Salesforce, Inc., reported transactions involving Salesforce common stock.
- Munoz converted 275 restricted stock units (RSUs) into 275 shares of common stock.
- The price for both the conversion of RSUs and the disposition of derivative securities was $0.
- Following the reported transaction, Munoz directly owns 7,961 shares of common stock and 822 restricted stock units.
- The RSUs vest in four equal installments on February 22, 2025, May 22, 2025, August 22, 2025, and November 22, 2025.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions, and it doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is a common occurrence for publicly traded companies like Salesforce.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it represents a small change in the ownership structure of the company.
Key Dates
| Date | Description |
|---|---|
| 02/22/2025 | Date of transaction: conversion of 275 Restricted Stock Units to common stock and vesting of 25% of the original grant of RSUs. |
| 02/24/2025 | Date of report filing. |
| 05/22/2025 | Next vesting date for 25% of the original grant of RSUs. |
| 08/22/2025 | Next vesting date for 25% of the original grant of RSUs. |
| 11/22/2025 | Final vesting date for 25% of the original grant of RSUs. |
Keywords
Salesforce, Oscar Munoz, Director, Stock, Restricted Stock Units, RSU, Form 4, Beneficial Ownership
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