Salesforce Co-Founder Parker Harris Reports RSU Vesting & Tax Withholding
Salesforce, Inc.
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Filing Summary
Salesforce, Inc. ($CRM) Form 4 Filing Update Insider: Parker Harris (Co-Founder, Director) Date: 2026-10-22 Transaction: Tax Withholding (Code F) Shares Transacted: 886 shares @ $250.29 ($221,757 total value) Shares Owned Following Transaction: 165,467 direct shares (plus extensive indirect trust & LLC holdings) Significance: Low (Routine RSU settlement tax withholding)
Comprehensive Analysis
Transaction Overview
On October 22, 2026, Parker Harris, Co-Founder and Director of Salesforce, Inc. ($CRM), completed routine equity compensation transactions:
- RSU Conversion (Code M): Acquired 1,785 shares of Common Stock upon the vesting of restricted stock units.
- Tax Withholding (Code F): Disposed of 886 shares at $250.29 per share (worth approximately $221,756.94) to cover tax liabilities associated with the vesting event.
Ownership Structure & Holdings
Following the transactions:
- Direct Ownership: 165,467 shares of Common Stock and 3,571 unvested RSUs.
- Indirect Holdings: Parker Harris holds significant additional equity indirectly:
- 914,987 shares held by The G. Parker Harris III & Holly L. Johnson Family Trust.
- Over 850,000 shares across several family-managed LLC entities (LLC BE, LLC BN, LLC NE, LLC NN, LLC ZE, LLC ZN).
Market & Trading Significance
This transaction is categorized as Low Significance. The sale represents automated share withholding solely to fulfill statutory tax withholding obligations resulting from scheduled quarterly RSU vesting, rather than a discretionary open-market sale or change in investment sentiment.
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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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