Salesforce (NYSE: CRM) COO lands 14,121 RSU grant vesting from 2027
Rhea-AI Filing Summary
Salesforce, Inc. (CRM) President and COO Miguel Milano reported equity compensation activity involving restricted stock units and common stock. On August 22, 2026, 1,662 Restricted Stock Units converted into an equal number of shares of common stock, and a new award of 14,121 Restricted Stock Units was granted. Of the common shares delivered on vesting, 678 shares were withheld at $209.17 per share to satisfy Milano’s tax liability. The RSUs vest over time, with the new grant vesting 25% on August 22, 2027 and the remainder in equal quarterly installments thereafter.
Positive
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Insider Trade Summary
Net Buyer: 984 shares
Net Buy
4 txns
Insider
Milano Miguel
Role
President and COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F3 | 1,662 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units F2, F4 | 14,121 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,662 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 678 | $209.17 | $142K |
Holdings After Transaction:
Restricted Stock Units — 20,772 shares (Direct);
Common Stock — 38,754 shares (Direct)
Footnotes (4)
- F1. Represents shares withheld to satisfy the reporting person's tax liability upon vesting and settlement of a restricted stock unit award.
- F2. Restricted Stock Units convert to shares of common stock on a one-for-one basis.
- F3. 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.
- F4. These Restricted Stock Units vest as to 25% of the original grant on August 22, 2027 and vest as to 1/16 of the original grant quarterly thereafter.
Key Figures
RSUs converted: 1,662 Restricted Stock Units
New RSU grant: 14,121 Restricted Stock Units
Shares withheld for taxes: 678 shares
+3 more
6 metrics
RSUs converted
1,662 Restricted Stock Units
Converted into 1,662 shares of common stock on August 22, 2026
New RSU grant
14,121 Restricted Stock Units
Granted to Miguel Milano on August 22, 2026
Shares withheld for taxes
678 shares
Withheld to satisfy tax liability upon RSU vesting
Tax withholding price per share
$209.17 per share
Price used for 678 withheld shares related to tax liability
New RSU vesting cliff
25% on August 22, 2027
Initial vesting portion of 14,121 RSU grant
Remaining RSU vesting schedule
1/16 quarterly
Remaining portion of new RSU grant after initial 25% vests
Key Terms
Restricted Stock Units, vest, Exercise or conversion of derivative security, tax liability
4 terms
Restricted Stock Units financial
"Represents shares withheld to satisfy the reporting person's tax liability upon vesting and settlement of a restricted stock unit award."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vest financial
"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."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security"
tax liability financial
"Represents shares withheld to satisfy the reporting person's tax liability upon vesting and settlement of a restricted stock unit award."
FAQ
What equity transactions did CRM executive Miguel Milano report on August 22, 2026?
Miguel Milano reported the conversion of 1,662 Restricted Stock Units into common stock, a new grant of 14,121 Restricted Stock Units, and the withholding of 678 shares of common stock at $209.17 per share to cover tax liability related to vesting.
How many Salesforce (CRM) Restricted Stock Units vested for Miguel Milano?
On August 22, 2026, 1,662 Restricted Stock Units held by Miguel Milano vested and converted into 1,662 shares of Salesforce common stock on a one-for-one basis, as disclosed in the filing and related footnotes.
What new RSU grant did Salesforce (CRM) award to Miguel Milano?
Miguel Milano received a new award of 14,121 Restricted Stock Units. These units convert to common stock on a one-for-one basis and vest as to 25% of the original grant on August 22, 2027, with the remaining 75% vesting in 1/16 increments quarterly thereafter.
Were Miguel Milano’s Salesforce (CRM) transactions under a Rule 10b5-1 plan?
The filing indicates the Rule 10b5-1 checkbox is not marked as affirming a trading plan. There is no footnote stating that the reported transactions were executed pursuant to a Rule 10b5-1 or similar pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
