Salesforce COO converts stock awards into 2,541 shares
The two RSU awards have separate vesting schedules, beginning March 22, 2025 and March 22, 2026.
Rhea-AI Filing Summary
Salesforce, Inc. President and COO Miguel Milano reported converting 1,015 and 1,526 restricted stock units into matching counts of common shares on September 22, 2026. He also had 400 and 601 common shares withheld to satisfy tax liability upon vesting and settlement. The units convert one-for-one, and no Rule 10b5-1 plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,541 shares exercised/converted
Exercise
6 txns
Insider
Milano Miguel
Role
President and COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F3 | 1,015 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F2, F4 | 1,526 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,015 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 400 | $233.28 | $93K |
| Exercise | Common Stock | 1,526 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 601 | $233.28 | $140K |
Holdings After Transaction:
Restricted Stock Units — 21,352 contracts (Direct);
Common Stock — 33,759 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 March 22, 2025 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 March 22, 2026 and vest as to 1/16 of the original grant quarterly thereafter.
Key Figures
Restricted stock units converted: 1,015 units
Restricted stock units converted: 1,526 units
Common shares withheld for tax liability: 400 shares
+2 more
5 metrics
Restricted stock units converted
1,015 units
Converted into 1,015 common shares on September 22, 2026
Restricted stock units converted
1,526 units
Converted into 1,526 common shares on September 22, 2026
Common shares withheld for tax liability
400 shares
Upon vesting and settlement on September 22, 2026
Common shares withheld for tax liability
601 shares
Upon vesting and settlement on September 22, 2026
Reported per-share price
$233.28 per share
For each of the two tax-liability withholding transactions on September 22, 2026
Key Terms
Restricted Stock Units, one-for-one basis, 1/16 of the original grant quarterly thereafter, tax liability
4 terms
Restricted Stock Units financial
"Restricted Stock Units convert to shares of common stock"
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.
one-for-one basis financial
"convert to shares of common stock on a one-for-one basis"
1/16 of the original grant quarterly thereafter financial
"vest as to 1/16 of the original grant quarterly thereafter"
tax liability financial
"withheld to satisfy the reporting person's tax liability"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What are the vesting schedules for Miguel Milano's CRM RSUs?
One award vests as to 25% of the original grant on March 22, 2025, then 1/16 of the original grant quarterly thereafter. The other vests as to 25% of the original grant on March 22, 2026, then 1/16 of the original grant quarterly thereafter.
Did the CRM transactions use a Rule 10b5-1 plan?
No Rule 10b5-1 plan is reported.
AI-generated analysis. How Rhea-AI works. Not financial advice.