Form 4: Salesforce Director Robin Washington Reports Stock Transactions
SEC Form 4 Filing
Director Robin Washington reported the vesting of restricted stock units and subsequent conversion to common stock.
Summary
- Robin Washington, a director of Salesforce, Inc., reported a transaction on May 22, 2024.
- The transaction involved the vesting of 330 restricted stock units (RSUs) which converted into 330 shares of common stock.
- Following the transaction, Washington directly owns 40,815 shares of Salesforce common stock and 660 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, and carries a neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions, which are common for directors and officers of publicly traded companies like Salesforce.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine vesting of previously granted equity.
Key Dates
| Date | Description |
|---|---|
| 02/22/2024 | 25% of restricted stock units vest |
| 05/22/2024 | Vesting of 330 restricted stock units and conversion to common stock |
| 05/22/2024 | 25% of restricted stock units vest |
| 08/22/2024 | 25% of restricted stock units vest |
| 11/22/2024 | 25% of restricted stock units vest |
| 05/23/2024 | Date of report filing |
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