Salesforce President & COO Disposes Shares for Tax Obligations
Salesforce, Inc.
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Filing Summary
Form 4 Alert: Salesforce, Inc. ($CRM) Insider: Miguel Milano (President and COO) Transaction: Tax Withholding (Code F) Shares: 6,535 @ $255.65 ($1,670,672.75) Remaining Shares: 32,219 Significance: Low (Routine Tax Withholding)
Comprehensive Analysis
Insider Filing Analysis: Salesforce, Inc. ($CRM)
Summary of Transaction
On September 15, 2026, Miguel Milano, President and COO of Salesforce, Inc., surrendered 6,535 shares of Common Stock at $255.65 per share, totaling approximately $1.67 million.
Following this transaction, Milano directly holds 32,219 shares of Salesforce common stock.
Key Details
- Transaction Code:
F(Payment of exercise price or tax liability by delivering or withholding securities) - Context: According to footnote (F1), these shares were withheld automatically to satisfy tax withholding obligations upon the vesting and settlement of performance-based restricted stock units (PSUs).
- Nature of Transaction: Non-discretionary / Routine.
Market Significance
This disposition carries Low trading significance as it represents standard tax withholding rather than an open-market sale or a discretionary shift in sentiment by the insider.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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