Salesforce COO Converts RSUs into Common Shares Worth Over $1 Million
Salesforce (CRM) COO Miguel Milano converted two restricted stock unit awards into common shares and had some withheld for taxes. The units were valued at $233.28 each.
The first award was converted on September 22, 2026, resulting in the acquisition of 1,015 common shares. Similarly, the second award was also converted on that same date, yielding 1,526 common shares.
Milano had a total of 400 and 601 common shares withheld to satisfy tax liability upon vesting and settlement for each respective award. This withholding was done at the same $233.28 per share value as the conversions.