Salesforce President & CLO Sabastian Niles Disposes Shares for Tax Withholding
Salesforce, Inc.
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Filing Summary
📋 Form 4 Filing: Salesforce, Inc. ($CRM) Insider: Niles Sabastian (President and CLO) Transaction: Tax Withholding (Code F) Shares Transacted: 8,873 @ $255.65 ($2,268,382.45) Post-Transaction Holdings: 18,164 shares Significance: Low (Routine Tax Withholding)
Comprehensive Analysis
Executive Summary
On September 16, 2026, Salesforce, Inc. ($CRM) filed a Form 4 reporting a transaction by President and Chief Legal Officer Sabastian Niles. On September 15, 2026, 8,873 shares of Common Stock were withheld at a price of $255.65 per share to cover tax obligations resulting from the vesting and settlement of performance-based restricted stock units (PRSUs).
Transaction Breakdown
- Insider: Niles Sabastian
- Title: President and CLO
- Transaction Code: F (Payment of exercise price or tax liability by withholding securities)
- Shares Withheld: 8,873
- Price Per Share: $255.65
- Total Disposition Value: $2,268,382.45
- Shares Retained Post-Transaction: 18,164 (Direct Ownership)
Market Impact & Significance
This filing represents a routine, non-discretionary transaction specifically executed to satisfy tax withholding requirements upon the vesting of equity compensation. Because it does not represent an open-market discretionary sale or purchase, the trading significance is categorized as Low and does not signal a change in executive sentiment regarding company outlook.
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Important Disclaimer
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