Salesforce Insider Niles Sabastian Files Form 4 on Ownership Change

TL;DR

**Salesforce insider Niles Sabastian just filed a Form 4, signaling a change in their stock ownership.**

AI Summary

This Form 4 filing indicates that Niles Sabastian, an insider at Salesforce, Inc., has filed a statement of changes in beneficial ownership of securities. The filing was made on March 24, 2026, for a period of report ending March 22, 2026. While the filing itself doesn't detail specific transactions, it signals that Sabastian's ownership of Salesforce stock has changed, which is important for investors as insider activity can sometimes hint at future company performance or internal perspectives on valuation.

Why It Matters

Insider transaction filings like this provide transparency into how company executives and directors are managing their holdings, which can influence investor sentiment.

Risk Assessment

Risk Level: low — This filing is purely administrative and does not inherently indicate a high risk, but rather a change in insider holdings.

Analyst Insight

Investors should monitor subsequent Form 4 filings from Niles Sabastian to understand the nature and magnitude of the changes in their Salesforce holdings, as this initial filing only indicates a change occurred without detailing the transaction.

Key Players & Entities

• Niles Sabastian (person) — Reporting person, an insider at Salesforce, Inc.
• Salesforce, Inc. (company) — The issuer of the securities.
• 0001988207 (person) — CIK for Niles Sabastian
• 0001108524 (company) — CIK for Salesforce, Inc.

FAQ

Filing Documents

• form4.html (4)
• form4.xml (4) — 19KB
• 0001108524-26-000074.txt ( ) — 21KB

From the Filing

SEC FORM 4 SEC Form 4 FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5    Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).    Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. 1. Name and Address of Reporting Person * Niles Sabastian (Last) (First) (Middle) 415 MISSION STREET 3RD FLOOR (Street) SAN FRANCISCO CALIFORNIA 94105 (City) (State) (Zip) UNITED STATES (Country) 2. Issuer Name and Ticker or Trading Symbol Salesforce, Inc. [ CRM ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) President and CLO 2a. Foreign Trading Symbol 3. Date of Earliest Transaction (Month/Day/Year) 03/22/2026 6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person 4. If Amendment, Date of Original Filed (Month/Day/Year) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 03/22/2026 M 1,015 A $ 0 6,773 D Common Stock 03/22/2026 F (1) 410 D $ 195.38 6,363 D Common Stock 03/22/2026 M 4,068 A $ 0 10,431 D Common Stock 03/22/2026 F (1) 1,871 D $ 195.38 8,560 D Common Stock 03/22/2026 A (2) 16,084 A $ 0 24,644 D Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Restricted Stock Units $ 0 (3) 03/22/2026 M 1,015 03/22/2025 (4) 03/22/2028 Common Stock 1,015 $ 0 8,124 D Restricted Stock Units $ 0 (3) 03/22/2026 M 4,068 03/22/2026 (5) 03/22/2029 Common Stock 4,068 $ 0 12,207 D Performance Stock Option $ 280.62 03/22/2026 A (6) 32,418 03/22/2026 03/22/2032 Common Stock 32,418 $ 0 32,418 D Restricted Stock Units $ 0 (3) 03/22/2026 A 26,144 03/22/2027 (7) 03/22/2030 Common Stock 26,144 $ 0 26,144 D Explanation of Responses: 1. Represents shares withheld to satisfy the reporting person's tax liability upon vesting and settlement of a restricted stock unit award. 2. This represents the number of shares subject to the new-hire performance-based restricted stock unit ("PRSU") award that were earned based on the achievement of certain performance criteria over a three-year performance period that ended on January 31, 2026. On March 22, 2026, the Compensation Committee certified that certain performance criteria with respect to the performance period were achieved, and the number of shares reported in column 4 are scheduled to vest on September 15, 2026, subject to the holder's continued employment through such date. 3. Restricted Stock Units convert to shares of common stock on a one-for-one basis. 4. These restricted stock units vest as to 25% of the original grant on March 22, 2025 and vest as to 1/16 of the original grant quarterly thereafter. 5. These restricted stock snits vest as to 25% of the original grant on March 22, 2026 and vest as to 1/16 of the original grant quarterly thereafter. 6. This represents the number of shares subject to fiscal year 2026 performance option that were earned based upon the achievement of applicable performance criteria with a performance period that ended on January 31, 2026. 25% of the earned option

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View this 4 filing on SEC EDGAR