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StockNews.AI
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Salesforce Grants Equity Awards to Own Company and Zoomin Employees Under Its Inducement Equity Incentive Plan

1. Salesforce granted 95,777 RSUs to new employees from recent acquisitions. 2. This equity incentive underscores Salesforce's growth strategy and talent retention.

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FAQ

Why Bullish?

The grant of RSUs signals employee retention and potential for future growth, historically linked to stock price appreciation when positive talent events occur.

How important is it?

The article highlights strategic talent acquisition and retention efforts that can drive CRM's long-term value.

Why Short Term?

The immediate effect of RSU grants may boost morale and stock performance but could stabilize over time as market reacts.

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SAN FRANCISCO--(BUSINESS WIRE)--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 acquisitions of Own Company and Zoomin. The Plan was adopted by the Salesforce Board of Directors in July 2014, in accordance with New York Stock Exchange Rule 303A.08. Through the Plan, Salesforce granted a total of 95,777 restricted stock units ("RSUs") to 2.

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