Salesforce Grants Equity Awards to Convergence.ai Employees Under Its Inducement Equity Incentive Plan

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SAN FRANCISCO--(BUSINESS WIRE)--Aug 26, 2025--

Salesforce (NYSE: CRM), the #1 AI CRM, today announced it has granted equity awards under its 2014 Inducement Equity Incentive Plan (the "Plan") to new employees who joined Salesforce in connection with the acquisition of Convergence.ai. The Plan was adopted by the Salesforce Board of Directors in July 2014, in accordance with New York Stock Exchange Rule 303A.08.

Salesforce granted restricted stock units (“RSUs”) under the Plan to Convergence.ai employees as follows:

  • A total of 37,486 RSUs were granted to 20 employees. These RSUs vest over four years, with 25% vesting on the first anniversary of the grant date and the balance vesting quarterly thereafter in 12 equal installments.
  • A total of 12,739 RSUs were granted to 14 employees. These RSUs vest over three years, vesting quarterly in 12 equal installments.

All equity awards are subject to the employee's continued service through each applicable vesting date. Each of the employees who received an award is a non-executive officer.

About Salesforce

Salesforce helps organizations of any size reimagine their business with AI. Agentforce — the first digital labor solution for enterprises — seamlessly integrates with Customer 360 applications, Data Cloud, and Einstein AI to create a limitless workforce, bringing humans and agents together to deliver customer success on a single, trusted platform. Visit www.salesforce.com for more information.

View source version on businesswire.com:https://www.businesswire.com/news/home/20250826520542/en/

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KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: SOFTWARE TECHNOLOGY ARTIFICIAL INTELLIGENCE DATA MANAGEMENT

SOURCE: Salesforce

Copyright Business Wire 2025.

PUB: 08/26/2025 04:05 PM/DISC: 08/26/2025 04:07 PM

http://www.businesswire.com/news/home/20250826520542/en

 

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