Kirk David Blair 4

What Happened
Kirk David Blair, a director of Salesforce, had 442 restricted stock units (RSUs) convert into 442 shares of common stock on February 22, 2026. The filing records an acquisition of 442 shares at $0.00 (conversion of derivative) and a simultaneous disposition of 442 shares at $0.00. No cash was paid—this was a conversion of RSUs rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-22; Form 4 filed: 2026-02-23 (timely).
• Reported amounts: 442 shares acquired at $0.00 and 442 shares disposed at $0.00 (total reported value $0).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes: F1 notes RSUs convert one-for-one to common stock; F2 shows these RSUs vest 25% on each of Feb 22, May 22, Aug 22, and Nov 22, 2026.
• Filing does not state reason for the simultaneous disposition; filings of this form often show withheld or transferred shares for tax-withholding or settlement, but the Form 4 here does not specify.

Context
This was a routine vesting/conversion of equity compensation (derivative conversion), not an open-market buy or sale that signals a directional bet. Such filings commonly reflect vesting and administrative transfers (e.g., withholding for taxes or broker transfers). For retail investors, purchases are generally more informative than routine vesting events; this report documents compensation vesting rather than a discretionary market transaction.