Salesforce President's Tax-Related Stock Transaction Revealed

Salesforce President and COO Miguel Milano recently had 6,535 shares of common stock withheld for tax purposes. This is related to a performance-based restricted stock unit award that he received. The value of these shares was determined by their reference price of $255.65 per share on September 15, 2026.

The total estimated value of the shares withheld for taxes is approximately $1.67 million. After this transaction, Milano directly holds 32,219 shares of Salesforce common stock. It's worth noting that this was not an open-market sale, but rather a tax-withholding event related to the vesting and settlement of his performance-based restricted stock unit award.