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Salesforce (CRM) president nets RSU shares after 443 withheld for taxes

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(Neutral)
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(Neutral)
Form Type
4

Rhea-AI Filing Summary

Salesforce, Inc. President and CRO Miguel Milano reported equity transactions tied to restricted stock units. On February 22, 2026, 1,663 Restricted Stock Units were converted on a one-for-one basis into 1,663 shares of common stock at no cost.

After this vesting, 443 common shares were withheld at $185.16 per share to satisfy Milano’s tax liability, as noted in the footnotes. Following these moves, he directly held 14,333 shares of Salesforce common stock.

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Insider Milano Miguel
Role President and CRO
Type Security Shares Price Value
Exercise Restricted Stock Units 1,663 $0.00 --
Exercise Common Stock 1,663 $0.00 --
Tax Withholding Common Stock 443 $185.16 $82K
Holdings After Transaction: Restricted Stock Units — 9,976 shares (Direct); Common Stock — 14,776 shares (Direct)
Footnotes (1)
  1. Represents shares withheld to satisfy the reporting person's tax liability upon vesting and settlement of a restricted stock unit award. Restricted Stock Units convert to shares of common stock on a one-for-one basis. These Restricted Stock Units vest as to 25% of the original grant on August 22, 2024 and vest as to 1/16 of the original grant quarterly thereafter.
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Milano Miguel
(Last) (First) (Middle)
415 MISSION STREET
3RD FLOOR
(Street)
SAN FRANCISCO CA 94105
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Salesforce, Inc. [ CRM ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
President and CRO
3. Date of Earliest Transaction (Month/Day/Year)
02/22/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/22/2026 M 1,663 A $0 14,776 D
Common Stock 02/22/2026 F 443(1) D $185.16 14,333 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units $0(2) 02/22/2026 M 1,663 08/22/2024(3) 08/22/2027 Common Stock 1,663 $0 9,976 D
Explanation of Responses:
1. Represents shares withheld to satisfy the reporting person's tax liability upon vesting and settlement of a restricted stock unit award.
2. Restricted Stock Units convert to shares of common stock on a one-for-one basis.
3. These Restricted Stock Units vest as to 25% of the original grant on August 22, 2024 and vest as to 1/16 of the original grant quarterly thereafter.
/s/ Sarah Dale, Attorney-in-Fact for Miguel Milano 02/23/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Salesforce (CRM) President Miguel Milano report?

Miguel Milano reported vesting of 1,663 Restricted Stock Units that converted into common stock on February 22, 2026. These units converted to shares on a one-for-one basis, increasing his direct common stock holdings before tax withholding.

How many Salesforce (CRM) shares were withheld for Miguel Milano’s taxes?

Salesforce withheld 443 common shares from Miguel Milano to cover his tax liability after RSU vesting. The shares were valued at $185.16 per share, according to the transaction details and related footnote describing the tax-withholding disposition.

What is the conversion ratio for Miguel Milano’s Salesforce RSUs?

Milano’s Restricted Stock Units convert into Salesforce common stock on a one-for-one basis. A Form 4 footnote specifies that each RSU equals one share of common stock upon vesting and settlement, which governed the 1,663-unit conversion reported.

How many Salesforce (CRM) shares does Miguel Milano hold after these transactions?

After the reported transactions, Miguel Milano directly holds 14,333 shares of Salesforce common stock. This figure reflects the RSU conversion of 1,663 shares and the withholding of 443 shares for taxes on February 22, 2026.

What is the vesting schedule for Miguel Milano’s reported Salesforce RSUs?

The reported RSUs vest as to 25% of the original grant on August 22, 2024, with the remaining 75% vesting in 1/16 increments quarterly thereafter. This schedule governs when additional units convert into Salesforce common shares.

Were Miguel Milano’s recent Salesforce share disposals open-market sales?

The reported disposal was a tax-withholding disposition, not an open-market sale. 443 shares of common stock were withheld to satisfy Miguel Milano’s tax liability upon RSU vesting, as explicitly described in the transaction code and footnote.