Niles Sabastian Reaps 2,032 Salesforce Shares, Tacks on $262K in Tax Withholdings

Salesforce President and CLO Niles Sabastian recently received 1,015 and 1,017 common shares from restricted stock unit settlements. The conversions were made on a one-for-one basis, as specified in his award terms.

To cover the tax liability associated with these vesting events, Sabastian had 562 and 563 shares withheld from his original holdings. Each withholding entry listed a value of $233.28 per share, resulting in total withholdings of $131K.