Form 4: Salesforce Executive Miguel Milano Reports Stock Transactions

Miguel Milano, President and CRO of Salesforce, reported the vesting and sale of common stock and acquisition of restricted stock units.

Summary

• Miguel Milano, President and CRO of Salesforce, filed a Form 4 detailing changes in beneficial ownership.
• On March 22, 2025, 4,061 shares of common stock were acquired through the vesting of restricted stock units.
• Also on March 22, 2025, 4,061 shares were disposed of.
• On March 24, 2025, 1,559 shares were sold at a price of $284.5797 per share.
• Additionally, 24,413 restricted stock units were acquired on March 22, 2025.
• Following these transactions, Milano directly owns 8,366 shares of common stock and 36,598 restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions, which carries a neutral sentiment.

Industry Context

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

Comparison to Industry Standards

• Executive stock transactions are a normal part of compensation and wealth management in publicly traded companies like Salesforce.
• Similar filings are regularly made by executives at comparable companies such as Microsoft (MSFT), Oracle (ORCL), and Adobe (ADBE).

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the sale of shares by an executive.
• The vesting of restricted stock units is part of the executive's compensation package.

Key Dates

Keywords

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