Salesforce Files 8-K: Operations, Officers, and Financials

Ticker: CRM · Form: 8-K · Filed: 2024-08-28T00:00:00.000Z

Sentiment: neutral

Topics: operations, personnel, financials

Related Tickers: CRM

TL;DR

Salesforce dropped an 8-K: financial updates, exec changes, and new board members.

AI Summary

Salesforce, Inc. filed an 8-K on August 28, 2024, reporting on its results of operations and financial condition. The filing also disclosed the departure of certain officers, the election of new directors, and details on compensatory arrangements for its officers. Additionally, it included financial statements and exhibits.

Why It Matters

This 8-K filing provides crucial updates on Salesforce's financial performance and significant corporate governance changes, impacting investor understanding of the company's current standing and leadership.

Risk Assessment

Risk Level: low — This filing is a routine disclosure of operational and personnel information, not indicating any immediate financial distress or significant negative events.

Key Players & Entities

FAQ

What specific items are covered under 'Results of Operations and Financial Condition' in this filing?

This 8-K filing indicates that it covers 'Results of Operations and Financial Condition' but does not provide specific details within the provided text; the full filing would contain this information.

Who are the officers that have departed, and who has been elected as a director?

The provided text states that the filing covers the 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers' but does not name the individuals involved.

What are the details of the 'Compensatory Arrangements of Certain Officers' mentioned?

The filing indicates that 'Compensatory Arrangements of Certain Officers' are discussed, but the specific details of these arrangements are not included in the provided excerpt.

Are there any new financial statements or exhibits included with this 8-K filing?

Yes, the filing explicitly states 'Financial Statements and Exhibits' as an item information, indicating their inclusion.

What is the fiscal year end for Salesforce, Inc.?

Salesforce, Inc.'s fiscal year ends on January 31 (0131).

From the Filing

0001108524-24-000020.txt : 20240828 0001108524-24-000020.hdr.sgml : 20240828 20240828160242 ACCESSION NUMBER: 0001108524-24-000020 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20240828 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240828 DATE AS OF CHANGE: 20240828 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: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32224 FILM NUMBER: 241255370 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 8-K 1 crm-20240828.htm 8-K crm-20240828 0001108524 FALSE 0001108524 2024-08-28 2024-08-28 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549   ________________________________________________________  FORM 8-K ________________________________________________________ CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 August 28, 2024 Date of Report (date of earliest event reported)   _________________________________________________________ Salesforce, Inc. (Exact name of registrant as specified in its charter)   __________________________________________________________    Delaware 001-32224 94-3320693 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) Salesforce Tower 415 Mission Street, 3rd Fl San Francisco , California 94105 (Address of principal executive offices) Registrant’s telephone number, including area code: ( 415 )  901-7000 N/A (Former name or former address, if changed since last report) _________________________________________________________ Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.001 per share CRM New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Section 2 – Financial Information Item 2.02 Results of Operations and Financial Condit

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