Salesforce Officer Files Intent to Sell Over $1.2M in Stock
Salesforce, Inc.
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Filing Summary
Salesforce, Inc. (CRM) Officer, Sundeep Reddy, filed a Form 144 for a proposed sale of 5,250 shares of common stock, with an aggregate market value of $1,226,925. The sale is planned for approximately August 27, 2026, under a 10b5-1 trading plan.
Comprehensive Analysis
Salesforce, Inc. Officer, Sundeep Reddy, has filed a Form 144, signaling an intention to sell company securities.
Transaction Details:
- Security: Common Stock
- Shares to be Sold: 5,250
- Aggregate Market Value: $1,226,925.00
- Approximate Sale Date: August 27, 2026
Context: The filing indicates this proposed sale is being made under a Rule 10b5-1 trading plan, which was adopted on October 3, 2025. The shares in question were acquired through the vesting of restricted stock and performance shares. The use of a 10b5-1 plan allows insiders to pre-schedule transactions, providing an affirmative defense against accusations of trading on non-public information. The sale, valued at over $1.2 million, is a significant transaction by a company executive.
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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.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.