Salesforce 8-K
Executive pay
Executive deferred compensation plan approved; salary and bonus deferrals become unsecured, unfunded company obligations
Filed 2026-09-04 16:05 ET
- 5.02 Officer/director change
Summary
Salesforce approved an executive deferred compensation plan on 9/2/2026. Eligible employees may defer compensation into accounts payable in the future; the company’s obligations are unsecured and unfunded.
Key Figures
- Deferral limits: up to 75% of base salary and 90% of annual performance bonus.
- No employer match; Salesforce may make discretionary contributions. Participants can choose among notional investment options and receive distributions in a lump sum or installments.
- Salesforce may establish a rabbi trust, but its assets would remain subject to claims by general creditors in an insolvency.
The summary is written by an AI model reading the filing.
Model 005 · prompt 01d34d48e3