Salesforce President and CLO Sabastian Niles Acquires Shares via RSU Vesting and Withholds Shares for Taxes

Executive Summary

On September 23, 2026, Salesforce, Inc. (NYSE: CRM) filed a Form 4 on behalf of Sabastian Niles, President and Chief Legal Officer (CLO). The filing reports routine transactions that occurred on September 22, 2026, involving the vesting of Restricted Stock Units (RSUs) and associated tax withholding.

Transaction Details

• RSU Vesting (Code M):
  • An aggregate of 2,032 shares of common stock were acquired upon the vesting of two separate RSU grants (1,015 shares and 1,017 shares) at an exercise price of $0.00.
• Tax Withholding (Code F):
  • An aggregate of 1,125 shares (562 shares and 563 shares) were withheld by Salesforce to cover statutory tax obligations resulting from the RSU vestings.
  • The shares were disposed of at a price of $233.28 per share, representing a total withholding value of $262,440.00.
• Final Direct Ownership: Following these transactions, Niles directly owns 19,071 shares of Salesforce Common Stock.

Derivative Holdings

Following the settlements:

• Niles continues to hold 6,093 unvested RSUs from the grant originally vesting March 22, 2025.
• Niles continues to hold 10,173 unvested RSUs from the grant originally vesting March 22, 2026.

Market and Trading Significance

The trading significance is assessed as Low. These transactions reflect pre-scheduled quarterly RSU vestings and mandatory statutory tax withholdings rather than discretionary open-market purchases or sales.