Harris Parker 4
4 · Salesforce, Inc. · Filed Mar 24, 2026
Research Summary
AI-generated summary of this filing
Salesforce (CRM) Co-Founder Harris Parker Receives Awards, Exercises Options
What Happened
- Harris Parker, a Salesforce director and co‑founder/CTO of Slack, had multiple equity events on March 22, 2026: he converted/exercised derivative awards and received restricted stock unit (RSU) / performance award shares. In total the filing shows approximately 114,887 shares acquired through exercises/conversions and awards at $0.00 (RSUs/awarded shares convert one‑for‑one). To cover tax liabilities, 3,195 shares were withheld (disposed) at $195.38 per share, generating about $624,239 in proceeds. These were withholding transactions (code F), not open‑market sales.
Key Details
- Transaction date: March 22, 2026; Form 4 filed March 24, 2026 (timely).
- Major entries: exercised/converted derivatives of 1,003; 1,270; and 5,086 shares (M); awards/grants of 27,790, 40,522 and 39,216 shares (A); total reported acquired ≈114,887 shares.
- Tax withholding: 347, 440 and 2,408 shares withheld at $195.38 each (F) — total cash value ≈ $624,239.
- Shares owned after transaction: not specified in the supplied filing details.
- Relevant footnotes: F1 = shares withheld to satisfy tax liability; F2/F9 = performance awards/options earned for multi‑year performance periods with specific vesting schedules (some shares vest later or in installments); F5 = RSUs convert 1:1 to common stock; F3/F4 indicate some holdings are in trusts/LLCs.
- Transaction codes: M = exercise/conversion of derivative, A = grant/award, F = withholding to pay taxes.
Context
- These transactions appear to be routine vesting/conversion and tax‑withholding events tied to RSUs and performance awards (including performance‑based RSUs/options certified as earned). The withheld shares are standard practice to cover taxes and are not the same as a discretionary open‑market sale that might indicate active selling of stock to realize gains.
- For derivatives: options/performance awards were exercised/converted into shares; some earned performance awards are scheduled to vest over time per the noted vesting schedules (see footnotes).
Insider Transaction Report
Form 4
Harris Parker
DirectorCo-Founder and CTO, Slack
Transactions
- Exercise/Conversion
Common Stock
2026-03-22+1,003→ 143,040 total - Tax Payment
Common Stock
[F1]2026-03-22$195.38/sh−347$67,797→ 142,693 total - Exercise/Conversion
Common Stock
2026-03-22+1,270→ 143,963 total - Tax Payment
Common Stock
[F1]2026-03-22$195.38/sh−440$85,967→ 143,523 total - Exercise/Conversion
Common Stock
2026-03-22+5,086→ 148,609 total - Tax Payment
Common Stock
[F1]2026-03-22$195.38/sh−2,408$470,475→ 146,201 total - Award
Common Stock
[F2]2026-03-22+27,790→ 173,991 total - Exercise/Conversion
Restricted Stock Units
[F5][F6]2026-03-22−1,003→ 0 totalExercise: $0.00From: 2023-03-22Exp: 2026-03-22→ Common Stock (1,003 underlying) - Exercise/Conversion
Restricted Stock Units
[F5][F7]2026-03-22−1,270→ 10,154 totalExercise: $0.00From: 2025-03-22Exp: 2028-03-22→ Common Stock (1,270 underlying) - Exercise/Conversion
Restricted Stock Units
[F5][F8]2026-03-22−5,086→ 15,258 totalExercise: $0.00From: 2026-03-22Exp: 2029-03-22→ Common Stock (5,086 underlying) - Award
Performance Stock Option
[F9]2026-03-22+40,522→ 40,522 totalExercise: $280.62From: 2026-03-22Exp: 2032-03-22→ Common Stock (40,522 underlying) - Award
Restricted Stock Units
[F5][F10]2026-03-22+39,216→ 39,216 totalExercise: $0.00From: 2027-03-22Exp: 2030-03-22→ Common Stock (39,216 underlying)
Holdings
- 930,987(indirect: By Trust)
Common Stock
[F3] - 115,840(indirect: By LLC)
Common Stock
[F4] - 171,323(indirect: By LLC)
Common Stock
[F4] - 115,840(indirect: By LLC)
Common Stock
[F4] - 171,324(indirect: By LLC)
Common Stock
[F4] - 115,840(indirect: By LLC)
Common Stock
[F4] - 171,324(indirect: By LLC)
Common Stock
[F4]
Footnotes (10)
- [F1]Represents shares withheld to satisfy the reporting person's tax liability upon vesting and settlement of a restricted stock unit award.
- [F10]These restricted stock units vest as to 25% of the original grant on March 22, 2027 and vest as to 1/16 of the original grant quarterly thereafter.
- [F2]This represents the number of shares subject to the fiscal year 2024 performance-based restricted stock unit ("PRSU") award that were earned based upon the achievement of certain performance criteria over a three-year performance period that ended on January 31, 2026. On March 22, 2026, the Issuer's 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 April 22, 2026, subject to the holder's continued employment through such date.
- [F3]Shares held in The G. Parker Harris III & Holly L. Johnson Family Trust.
- [F4]The reported securities are held by an LLC that is managed by the reporting person and his spouse.
- [F5]Restricted Stock Units convert to shares of common stock on a one-for-one basis.
- [F6]These restricted stock units vest as to 25% of the original grant on March 22, 2023 and vest as to 1/16 of the original grant quarterly thereafter.
- [F7]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.
- [F8]These restricted stock units vest as to 25% of the original grant on March 22, 2026 and vest as to 1/16 of the original grant quarterly thereafter.
- [F9]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 shares will become vested on March 22, 2026, with the remaining option shares becoming vested in equal monthly installments over the following 36 months, subject to the holder's continued service through each such date.
Signature
/s/ Sarah Dale, Attorney-in-Fact for Parker Harris|2026-03-24