Form 4: Salesforce Director Robin Washington Reports Stock Transactions
SEC Form 4 Filing
Director Robin Washington reported the vesting and conversion of restricted stock units into 330 shares of Salesforce common stock on August 22, 2024.
Summary
- On August 22, 2024, Robin Washington, a director of Salesforce, Inc., reported a transaction involving restricted stock units.
- 330 restricted stock units vested and were converted into 330 shares of common stock.
- The transaction was reported on a Form 4 filing with the SEC.
- Following the transaction, Washington directly owns 41,145 shares of Salesforce common stock.
- The restricted stock units vest in quarterly installments.
Sentiment
Score: 5
Explanation: This is a routine transaction filing, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it represents a small portion of the total outstanding shares.
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 Restricted Stock Units vest and convert to common stock |
| 11/22/2024 | 25% of restricted stock units vest |
| 08/23/2024 | Date of Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.