Milano Miguel Files Form 4 for Salesforce (CRM)
| Field | Detail |
|---|---|
| Company | Milano Miguel |
| Form Type | 4 |
| Filed Date | Mar 25, 2026 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: insider-filing, form-4, ownership-change
Related Tickers: CRM
TL;DR
**Insider Milano Miguel just filed a Form 4 for Salesforce, signaling a change in their holdings.**
AI Summary
This Form 4 filing indicates that Milano Miguel, a reporting insider, has filed a statement of changes in beneficial ownership of securities for Salesforce, Inc. (CRM). The filing, dated March 24, 2026, with a period of report on March 22, 2026, is a routine disclosure required when an insider's ownership changes. While this specific filing doesn't detail transactions, it signals that changes in Milano Miguel's holdings in Salesforce have occurred, which matters to investors as insider activity can sometimes be an indicator of future company performance or management's confidence.
Why It Matters
This filing signals a change in an insider's stake in Salesforce, which can provide insights into management's perspective on the company's value.
Risk Assessment
Risk Level: low — This is a routine disclosure filing and does not inherently indicate a high level of risk without transaction details.
Analyst Insight
An investor should monitor subsequent filings or news for details of the transactions mentioned in this Form 4 to understand the nature and size of Milano Miguel's changes in Salesforce holdings, as this could influence their investment decision.
Key Players & Entities
- Milano Miguel (person) — Reporting insider
- Salesforce, Inc. (company) — Issuer of securities
- 0001988208 (person) — CIK for Milano Miguel
- 0001108524 (company) — CIK for Salesforce, Inc.
FAQ
Who is the reporting person in this Form 4 filing?
The reporting person in this Form 4 filing is Milano Miguel, identified by CIK 0001988208.
Which company's securities are subject to this Form 4 filing?
The securities subject to this Form 4 filing are those of Salesforce, Inc., identified as the Issuer with CIK 0001108524.
What is the filing date of this Form 4?
The filing date of this Form 4 is March 24, 2026, and it was accepted on the same date at 21:47:47.
What is the period of report for the changes in beneficial ownership?
The period of report for the changes in beneficial ownership is March 22, 2026.
What is the business address listed for Salesforce, Inc. in this filing?
The business address listed for Salesforce, Inc. is SALESFORCE TOWER, 415 MISSION STREET, 3RD FL, SAN FRANCISCO, CA 94105.
Filing Stats: 979 words · 4 min read · ~3 pages · Grade level 8.1 · Accepted 2026-03-24 21:47:47
Filing Documents
- form4.html (4)
- form4.xml (4) — 19KB
- 0001108524-26-000076.txt ( ) — 21KB
From the Filing
SEC FORM 4 SEC Form 4 FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. 1. Name and Address of Reporting Person * Milano Miguel (Last) (First) (Middle) 415 MISSION STREET 3RD FLOOR (Street) SAN FRANCISCO CALIFORNIA 94105 (City) (State) (Zip) UNITED STATES (Country) 2. Issuer Name and Ticker or Trading Symbol Salesforce, Inc. [ CRM ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) President and CRO 2a. Foreign Trading Symbol 3. Date of Earliest Transaction (Month/Day/Year) 03/22/2026 6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person 4. If Amendment, Date of Original Filed (Month/Day/Year) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 03/22/2026 M 1,015 A $ 0 15,348 D Common Stock 03/22/2026 F (1) 248 D $ 195.38 15,100 D Common Stock 03/22/2026 M 6,103 A $ 0 21,203 D Common Stock 03/22/2026 F (1) 2,040 D $ 195.38 19,163 D Common Stock 03/22/2026 A (2) 16,084 A $ 0 35,247 D Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Restricted Stock Units $ 0 (3) 03/22/2026 M 1,015 03/22/2025 (4) 03/22/2028 Common Stock 1,015 $ 0 8,124 D Restricted Stock Units $ 0 (3) 03/22/2026 M 6,103 03/22/2026 (5) 03/22/2029 Common Stock 6,103 $ 0 18,310 D Performance Stock Option $ 280.62 03/22/2026 A (6) 48,626 03/22/2026 03/22/2032 Common Stock 48,626 $ 0 48,626 D Restricted Stock Units $ 0 (3) 03/22/2026 A 47,059 03/22/2027 (7) 03/22/2030 Common Stock 47,059 $ 0 47,059 D Explanation of Responses: 1. Represents shares withheld to satisfy the reporting person's tax liability upon vesting and settlement of a restricted stock unit award. 2. This represents the number of shares subject to the new-hire performance-based restricted stock unit ("PRSU") award that were earned based on the achievement of certain performance criteria over a three-year performance period that ended on January 31, 2026. On March 22, 2026, the Compensation Committee certified that certain performance criteria with respect to the performance period were achieved, and the number of shares reported in column 4 are scheduled to vest on September 15, 2026, subject to the holder's continued employment through such date. 3. Restricted Stock Units convert to shares of common stock on a one-for-one basis. 4. These restricted stock units vest as to 25% of the original grant on March 22, 2025 and vest as to 1/16 of the original grant quarterly thereafter. 5. These restricted stock units vest as to 25% of the original grant on March 22, 2026 and vest as to 1/16 of the original grant quarterly thereafter. 6. This represents the number of shares subject to fiscal year 2026 performance option that were earned based upon the achievement of applicable performance criteria with a performance period that ended on January 31, 2026. 25% of the earned option