Form 4: Salesforce Director Sachin J. Mehra Reports Stock Transactions
SEC Form 4 Filing
Director Sachin J. Mehra reports the acquisition and disposal of Salesforce common stock and restricted stock units.
Summary
- On February 22, 2025, Sachin J. Mehra, a director of Salesforce, reported transactions involving the company's stock.
- Mehra acquired 275 shares of common stock at a price of $0.
- Mehra also disposed of 275 restricted stock units.
- Following these transactions, Mehra directly owns 3,259 shares of common stock and 822 derivative securities.
- The restricted stock units convert to shares of common stock on a one-for-one basis and vest quarterly.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions by a company director, with no inherent positive or negative implications.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It is a standard practice for directors and officers of publicly traded companies.
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 earliest transaction: Acquisition of 275 shares of common stock and disposal of 275 restricted stock units. |
| 02/22/2025 | 25% of restricted stock units vest. |
| 05/22/2025 | 25% of restricted stock units vest. |
| 08/22/2025 | 25% of restricted stock units vest. |
| 11/22/2025 | 25% of restricted stock units vest. |
| 02/24/2025 | Date of report filing. |
Keywords
Salesforce, Director, Stock, Transactions, Restricted Stock Units, Common Stock, Beneficial Ownership, Form 4, SEC
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