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Salesforce exec has 6,535 shares withheld for tax

Salesforce’s President and COO had shares withheld for taxes on vested equity, a routine compensation-related disposition that left him holding over thirty-two thousand shares.

(Very High)
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Form Type
4

Rhea-AI Filing Summary

Salesforce, Inc. (CRM) reported that President and COO Miguel Milano had 6,535 shares of common stock withheld on September 15, 2026 to pay tax obligations arising from the vesting and settlement of a performance-based restricted stock unit award, at a reference price of $255.65 per share.

After this tax-withholding event, Milano holds 32,219 shares of Salesforce common stock directly. No Rule 10b5-1 trading plan is reported for this transaction.

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Insider Milano Miguel
Role President and COO
Type Security Shares Price Value
Tax Withholding Common Stock F1 6,535 $255.65 $1.67M
Holdings After Transaction: Common Stock — 32,219 shares (Direct)
Footnotes (1)
  1. F1. Represents shares withheld to satisfy the reporting person's tax liability upon vesting and settlement of shares earned pursuant to a performance-based restricted stock unit award.
Shares withheld for taxes 6,535 shares Common stock withheld on September 15, 2026 to satisfy tax liability on vesting award
Reference price per share $255.65 per share Price applied to the 6,535 withheld shares for tax-liability purposes
Estimated value of withheld shares $1,670,347.75 6,535 shares multiplied by $255.65 per share for the tax-withholding transaction
Shares held after transaction 32,219 shares Direct Salesforce common stock holdings of Miguel Milano following the September 15, 2026 event
performance-based restricted stock unit award financial
"shares earned pursuant to a performance-based restricted stock unit award"
A performance-based restricted stock unit award is a promise to give company shares to an employee or executive only if the business hits specific targets over a set period. Think of it as a conditional prize that vests like a savings plan: if agreed goals (such as revenue, profit, or stock performance) are met, the recipient receives the shares; if not, they get nothing. Investors pay attention because these awards align management incentives with company results and can affect share count, future earnings and executive behavior.
vesting and settlement financial
"tax liability upon vesting and settlement of shares earned"
tax liability financial
"shares withheld to satisfy the reporting person's tax liability"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Salesforce (CRM) disclose for Miguel Milano?

Salesforce disclosed that Miguel Milano had 6,535 shares of common stock withheld on September 15, 2026 to satisfy tax obligations from vesting of a performance-based restricted stock unit award.

Was the Salesforce (CRM) insider transaction an open-market sale?

No. The 6,535 shares involved were withheld to satisfy tax liability upon vesting and settlement of a performance-based restricted stock unit award, rather than sold in an open-market transaction.

What price was used for the tax-withholding shares in the Salesforce (CRM) filing?

The filing reports a reference price of $255.65 per share for the 6,535 shares withheld to cover Miguel Milano’s tax liability associated with the vesting equity award.

How many Salesforce (CRM) shares does Miguel Milano hold after this transaction?

Following the September 15, 2026 tax-withholding event, Miguel Milano directly holds 32,219 shares of Salesforce common stock, as reported in the filing.

Was the Salesforce (CRM) insider transaction under a Rule 10b5-1 trading plan?

No. The filing indicates no Rule 10b5-1 trading plan for this transaction; the shares were withheld solely to satisfy tax obligations on a vesting performance-based restricted stock unit award.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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 CALIFORNIA 94105

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Salesforce, Inc. [ CRM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
President and COO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock09/15/2026F6,535(1)D$255.6532,219D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents shares withheld to satisfy the reporting person's tax liability upon vesting and settlement of shares earned pursuant to a performance-based restricted stock unit award.
/s/ Sarah Dale, Attorney-in-Fact for Miguel Milano09/16/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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