CRMSalesforce
Deals with insiders in the proxy filed 2026-04-16
Deals between CRM and its directors, executives, owners of more than 5% or their families: a relative on the payroll, a plane the company charters from its CEO, a director's company that buys from it. SEC rules (Item 404) make the company list every such deal over $120,000 in its proxy statement.
New this year
Paragraphs about a deal, a person or a relative with nothing like them in the proxy filed 2025-04-24.
Nothing new: every deal in this year's section was reported last year too.
The whole section
9 paragraphs quoted as filed
Related Party and Other Transactions“Except for the compensation of directors and executive officers described earlier and the transactions set forth below, there were no transactions since the beginning of fiscal 2026 in which the Company was a party, the amount involved in the transaction exceeds $120,000 and in which any director, director nominee, executive officer, holder of more than 5% of our capital stock, or immediate family member of any of the foregoing individuals had or will have a direct or indirect material interest.”
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Related Party and Other Transactions“Marc Benioff, our Chair and CEO, owns entities that publish TIME Magazine, with which the Company does business in the ordinary course. In fiscal 2026, entities affiliated with TIME Magazine paid approximately $450,000 for cloud service offerings from the Company on terms consistent with those available to unaffiliated third parties.”
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Related Party and Other Transactions“Mr. Benioff entered into Time Sharing Agreements with the Company in March 2020 and July 2025 providing for the reimbursement by the Company to Mr. Benioff for business use of his personal aircraft. In fiscal 2026, the total value of reimbursements under the Time Sharing Agreements was approximately $1,112,096.”
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Related Party and Other Transactions“Craig Conway’s son, Scott Conway, was a non-executive employee of Salesforce from June 2021 to October 2025. In fiscal 2026, he received total compensation of less than $150,000, as well as standard employee benefits. Oscar Munoz’s daughter, Kellie Munoz, is a non-executive employee of Salesforce who joined the Company in January 2020, prior to Mr. Munoz’s appointment to the Board in January 2022, and is currently a Senior Director. In fiscal 2026, she received base salary and cash incentive compensation of approximately $387,000 and an equity award of restricted stock units with an intended target value of $130,000, as well as standard employee benefits. Laura Alber’s son, Jackson Klingelhofer, is a non-executive employee of Salesforce who joined the Company as a full-time employee in August 2023 and is currently a Senior Analyst. In fiscal 2026, he received total compensation of less than $150,000, as well as standard employee benefits. The compensation for each of Scott Conway, Kellie Munoz, and Jackson Klingelhofer was established by the Company and is consistent with the compensation provided to other employees of the same level with similar responsibilities.”
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Related Party and Other Transactions“Our Audit Committee reviewed and approved the terms of employment pursuant to our Related Party Transaction Policies and Procedures for Scott Conway, Kellie Munoz, and Jackson Klingelhofer in September 2021, December 2021, and June 2023, respectively. These approvals occurred prior to the dates that Oscar Munoz and Craig Conway joined the Audit Committee. The terms of employment and compensation for Scott Conway, Kellie Munoz, and Jackson Klingelhofer are in compliance with our Related Party Transaction Policies and Procedures, and we do not believe they present a conflict of interest, particularly in light of the Company’s overall number of employees (more than 83,000 as of January 31, 2026), the fact that neither the Board nor executive management directly oversee their employment or other personnel at their level, and the fact that their compensation is consistent with that of other employees of the same level with similar responsibilities.”
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Related Party and Other Transactions“In January 1999, the Salesforce Foundation, also referred to as the Foundation, was chartered on an idea of leveraging the Company’s people, technology and resources to help improve communities around the world. The Company calls this integrated philanthropic approach the 1-1-1 model. In connection with its 2019 business combination with Salesforce.org, the Company agreed to use its best efforts to make charitable cash contributions of up to $5 million to the Foundation in each fiscal quarter beginning in the third quarter of fiscal 2020 for ten years. The Company’s Chair is also the chair of the Foundation. Since the Foundation’s inception, the Company provided at no charge certain resources to the Foundation, such as services provided by employees of the Company and other resources. The value of these resources and charitable cash contributions to the Foundation has not been and is not expected to be material. Although we do not consider this to be a related party transaction within the meaning of applicable SEC rules, we are providing this information in the interest of transparency.”
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Related Party and Other Transactions“The fiscal 2026 total compensation of our median employee, based on the compensation of all employees who were employed as of November 1, 2025, other than our CEO, was $166,753. Mr. Benioff’s fiscal 2026 annual total compensation was $49,379,252. The ratio of our CEO’s fiscal 2026 pay to that of our median employee (our “Pay Ratio”) was approximately 296-1.”
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Related Party and Other Transactions“The fiscal 2026 Pay Ratio is a reasonable estimate calculated in a manner consistent with SEC rules based on our payroll and employment records and the following methodology. First, we identified our employee population as of November 1, 2025 based on our payroll records. Second, we collected employee compensation data using salary, cash bonuses, equity compensation, and commissions as our “consistently applied compensation measures” for purposes of the Pay Ratio. Finally, we identified the median compensated employee (“Median Employee”) and calculated that employee’s total compensation consistent with the compensation for our CEO in accordance with SEC rules and as reflected in the Summary Compensation Table above.”
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Related Party and Other Transactions“The SEC’s rules for identifying the Median Employee and calculating the Pay Ratio based on that employee’s annual total compensation allow companies to adopt a variety of methodologies, to apply certain exclusions, and to make reasonable estimates and assumptions that reflect their employee populations and compensation practices. As a result, the pay ratio reported by other companies may not be comparable to the Pay Ratio reported above, as other companies have different employee populations and compensation practices and may utilize different methodologies, exclusions, estimates, and assumptions in calculating their own pay ratios. In calculating our fiscal 2026 Pay Ratio, we did not annualize the compensation of any employees nor did we make use of any of the exclusions allowed under SEC rules.”
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Paragraphs are compared by their words, not read by AI: one counts as new when no paragraph last year shares half of its words, or when it names a person or company last year's section did not. A deal reported again with a new amount is not new. Always check the filing. Open the proxy ↗ · Last year's proxy ↗