| FORM 4 | UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| 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*
(Street)
(Country) | 2. Issuer Name and Ticker or Trading Symbol
Salesforce, Inc. [ CRM ] | 5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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| 2a. Foreign Trading Symbol
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| 3. Date of Earliest Transaction
(Month/Day/Year) 03/22/2026 | 6. Individual or Joint/Group Filing (Check Applicable Line)
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| 4. If Amendment, Date of Original Filed
(Month/Day/Year) |
| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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| 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 | 15,348 | D | |||
| Common Stock | 03/22/2026 | F(1) | 248 | D | $195.38 | 15,100 | D | |||
| Common Stock | 03/22/2026 | M | 6,103 | A | $0 | 21,203 | D | |||
| Common Stock | 03/22/2026 | F(1) | 2,040 | D | $195.38 | 19,163 | D | |||
| Common Stock | 03/22/2026 | A(2) | 16,084 | A | $0 | 35,247 | D | |||
| Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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| 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 | 6,103 | 03/22/2026(5) | 03/22/2029 | Common Stock | 6,103 | $0 | 18,310 | D | ||||
| Performance Stock Option | $280.62 | 03/22/2026 | A(6) | 48,626 | 03/22/2026 | 03/22/2032 | Common Stock | 48,626 | $0 | 48,626 | D | ||||
| Restricted Stock Units | $0(3) | 03/22/2026 | A | 47,059 | 03/22/2027(7) | 03/22/2030 | Common Stock | 47,059 | $0 | 47,059 | 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 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. |
| 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 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. |
| 7. 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. |
| /s/ Sarah Dale, Attorney-in-Fact for Miguel Milano | 03/24/2026 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||
| * Form 4: SEC 1474 (03-26) | ||