Salesforce DEF 14A: Executive Pay & Stock Awards Detailed
Ticker: CRM · Form: DEF 14A · Filed: 2024-05-16T00:00:00.000Z
Sentiment: neutral
Topics: executive-compensation, proxy-statement, corporate-governance
Related Tickers: CRM
TL;DR
Salesforce dropped its DEF 14A - check out exec pay and stock awards for FY24.
AI Summary
Salesforce, Inc. filed its DEF 14A on May 16, 2024, detailing executive compensation and corporate governance matters for the fiscal year ending January 31, 2024. The filing includes information on compensation for key executives such as Marc Benioff and Mr. Taylor, and details stock awards and options granted. This annual report provides shareholders with essential information regarding the company's leadership and how they are incentivized.
Why It Matters
This filing provides crucial transparency into how Salesforce compensates its top executives, influencing shareholder decisions and company strategy.
Risk Assessment
Risk Level: low — This is a routine annual filing (DEF 14A) providing information on executive compensation and corporate governance, not indicating new risks.
Key Numbers
- 20240131 — Fiscal Year End (Reporting period for executive compensation details.)
- 20240516 — Filing Date (Date the DEF 14A was submitted to the SEC.)
Key Players & Entities
- Salesforce, Inc. (company) — Filer
- Marc Benioff (person) — Executive
- Mr. Taylor (person) — Executive
- Mr. Block (person) — Executive
- 415 MISSION STREET 3RD FL (location) — Business Address
FAQ
What is the primary purpose of a DEF 14A filing?
A DEF 14A filing, also known as a Definitive Proxy Statement, is used to solicit shareholder votes and provides detailed information on executive compensation, board of directors, and other corporate governance matters.
When did Salesforce's fiscal year end for the period covered by this filing?
The fiscal year end for the period covered by this DEF 14A filing was January 31, 2024.
Who are some of the key individuals whose compensation is detailed in this filing?
The filing references compensation details for Marc Benioff, Mr. Taylor, and Mr. Block.
What is the company's main business address listed in the filing?
The company's main business address is Salesforce Tower, 415 Mission Street 3rd Fl, San Francisco, CA 94105.
What is the SEC file number for Salesforce?
The SEC file number for Salesforce is 001-32224.
From the Filing
0001193125-24-140549.txt : 20240516 0001193125-24-140549.hdr.sgml : 20240516 20240516161134 ACCESSION NUMBER: 0001193125-24-140549 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 76 CONFORMED PERIOD OF REPORT: 20240627 FILED AS OF DATE: 20240516 DATE AS OF CHANGE: 20240516 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Salesforce, Inc. CENTRAL INDEX KEY: 0001108524 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] ORGANIZATION NAME: 06 Technology IRS NUMBER: 943320693 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-32224 FILM NUMBER: 24955664 BUSINESS ADDRESS: STREET 1: SALESFORCE TOWER STREET 2: 415 MISSION STREET 3RD FL CITY: SAN FRANCISCO STATE: CA ZIP: 94105 BUSINESS PHONE: 415-901-7000 MAIL ADDRESS: STREET 1: SALESFORCE TOWER STREET 2: 415 MISSION STREET 3RD FL CITY: SAN FRANCISCO STATE: CA ZIP: 94105 FORMER COMPANY: FORMER CONFORMED NAME: SALESFORCE.COM, INC. DATE OF NAME CHANGE: 20190806 FORMER COMPANY: FORMER CONFORMED NAME: SALESFORCE COM INC DATE OF NAME CHANGE: 20000307 DEF 14A 1 d26900ddef14a.htm DEF 14A DEF 14A Table of Contents DEF 14A false 0001108524 0001108524 2023-02-01 2024-01-31 0001108524 2022-02-01 2023-01-31 0001108524 2021-02-01 2022-01-31 0001108524 2020-02-01 2021-01-31 0001108524 crm:MarcBenioffMember 2020-02-01 2021-01-31 0001108524 crm:Mr.TaylorMember 2020-02-01 2021-01-31 0001108524 crm:Mr.BlockMember 2020-02-01 2021-01-31 0001108524 crm:Mr.BlockMember 2021-02-01 2022-01-31 0001108524 crm:MarcBenioffMember 2021-02-01 2022-01-31 0001108524 crm:Mr.TaylorMember 2021-02-01 2022-01-31 0001108524 crm:MarcBenioffMember 2022-02-01 2023-01-31 0001108524 crm:Mr.TaylorMember 2022-02-01 2023-01-31 0001108524 crm:Mr.BlockMember 2022-02-01 2023-01-31 0001108524 crm:Mr.TaylorMember 2023-02-01 2024-01-31 0001108524 crm:MarcBenioffMember 2023-02-01 2024-01-31 0001108524 crm:Mr.BlockMember 2023-02-01 2024-01-31 0001108524 crm:StockAwardsAndOptionAwardsMember ecd:PeoMember crm:MarcBenioffMember 2023-02-01 2024-01-31 0001108524 crm:StockAwardsAndOptionAwardsMember ecd:NonPeoNeoMember 2023-02-01 2024-01-31 0001108524 crm:YearendFairValueOfOutstandingAndUnvestedEquityAwardsGrantedInTheFiscalYearMember ecd:NonPeoNeoMember 2023-02-01 2024-01-31 0001108524 crm:ChangeInFairValueOfOutstandingAndUnvestedEquityAwardsGrantedInPriorFiscalYearsMember ecd:NonPeoNeoMember 2023-02-01 2024-01-31 0001108524 crm:ChangeInFairValueOfEquityAwardsGrantedInPriorFiscalYearsThatVestedInTheFiscalYearMember ecd:NonPeoNeoMember 2023-02-01 2024-01-31 0001108524 crm:PriorFiscalYearendFairValueForAnyEquityAwardsForfeitedInTheFiscalYearMember ecd:NonPeoNeoMember 2023-02-01 2024-01-31 0001108524 crm:PriorFiscalYearEndValueOfAnyEquityAwardsGrantedInPriorFiscalYearsThatFailedToMeetVestingConditionsDuringTheCoveredFiscalYearMember ecd:NonPeoNeoMember 2023-02-01 2024-01-31 0001108524 crm:ValueOfDividendsOrOtherEarningsPaidOnUnvestedEquityAwardsDuringTheCoveredFiscalYearNotOtherwiseIncludedInTheTotalCompensationForTheFiscalYearMember ecd:NonPeoNeoMember 2023-02-01 2024-01-31 0001108524 crm:ValueOfDividendsOrOtherEarningsPaidOnUnvestedEquityAwardsDuringTheCoveredFiscalYearNotOtherwiseIncludedInTheTotalCompensationForTheFiscalYearMember ecd:PeoMember crm:MarcBenioffMember 2023-02-01 2024-01-31 0001108524 crm:PriorFiscalYearEndValueOfAnyEquityAwardsGrantedInPriorFiscalYearsThatFailedToMeetVestingConditionsDuringTheCoveredFiscalYearMember ecd:PeoMember crm:MarcBenioffMember 2023-02-01 2024-01-31 0001108524 crm:PriorFiscalYearendFairValueForAnyEquityAwardsForfeitedInTheFiscalYearMember ecd:PeoMember crm:MarcBenioffMember 2023-02-01 2024-01-31 0001108524 crm:ChangeInFairValueOfEquityAwardsGrantedInPriorFiscalYearsThatVestedInTheFiscalYearMember ecd:PeoMember crm:MarcBenioffMember 2023-02-01 2024-01-31 0001108524 crm:ChangeInFairValueOfOutstandingAndUnvestedEquityAwardsGrantedInPriorFiscalYearsMember ecd:PeoMember crm:MarcBenioffMember 2023-02-01 2024-01-31