Form 4: Salesforce Executive Miguel Milano Reports Stock Transactions

Miguel Milano, President and CRO of Salesforce, reports the acquisition and disposal of common stock and restricted stock units.

Summary

• Miguel Milano, President and CRO of Salesforce, filed a Form 4 detailing changes in beneficial ownership.
• On February 22, 2025, 1,663 shares of common stock were acquired through the vesting of restricted stock units.
• Also on February 22, 2025, 1,663 restricted stock units were converted to common stock.
• On February 24, 2025, 458 shares of common stock were sold at a price of $307.9655 per share.
• The sale was to satisfy tax withholding obligations related to the vesting of restricted stock units.
• Following these transactions, Milano directly owns 5,864 shares of common stock and 16,626 restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions, with no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common practice among publicly traded companies.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they represent routine executive stock activity.

Key Dates

Keywords

Form 4, Salesforce, Miguel Milano, Stock, Restricted Stock Units, Beneficial Ownership, CRM