Form 4: Salesforce Executive Brian Millham Reports Stock Transactions
SEC Form 4 Filing
Brian Millham, Advisor to the CEO of Salesforce, reports the acquisition and disposal of common stock and restricted stock units.
Summary
- Brian Millham, an advisor to the CEO of Salesforce, filed a Form 4 detailing changes in beneficial ownership.
- On April 22, 2025, Millham acquired 1,948 shares of common stock through the vesting of restricted stock units.
- Also on April 22, 2025, 1,948 restricted stock units converted to shares of common stock.
- On April 23, 2025, Millham sold 979 shares of common stock at a price of $253.6637 per share.
- The sale was to satisfy tax withholding obligations related to the vesting of the restricted stock units.
- Following these transactions, Millham directly owns 6,487 shares of common stock and 15,581 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect insider trading activity related to compensation.
Key Dates
| Date | Description |
|---|---|
| 04/22/2024 | 25% of the restricted stock units vest |
| 04/22/2025 | Restricted stock units vest and convert to common stock; shares acquired through vesting; tax obligations satisfied. |
| 04/23/2025 | Shares sold to cover tax obligations. |
| 04/22/2027 | Expiration date of restricted stock units. |
Keywords
Form 4, Salesforce, Brian Millham, Stock, Restricted Stock Units, Beneficial Ownership, Insider Trading
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