Salesforce, Inc.·4

Apr 23, 5:45 PM ET

Benioff Marc 4

Research Summary

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Salesforce CEO Marc Benioff Withholds 22,560 Shares for Taxes

What Happened
Marc Benioff, Chair and CEO of Salesforce (CRM), had 22,560 shares withheld to satisfy tax liabilities related to the vesting and settlement of performance-based restricted stock units. The withholding was at $189.80 per share, resulting in a disposition valued at $4,281,888. This was a tax-withholding disposition (not an open-market sale) following an award vesting.

Key Details

  • Transaction date: 2026-04-22; Form 4 filed: 2026-04-23 (filed the day after the transaction).
  • Price per share: $189.80; shares withheld/disposed: 22,560; total value: $4,281,888.
  • Shares withheld represent tax withholding upon vesting of performance-based RSUs (footnote F1).
  • Footnotes on ownership: F2 — shares held in the reporting person's name or Marc R. Benioff Revocable Trust; F3 — shares held in the Marc Benioff Fund LLC (fund interests held in his name or in trust).
  • Filing appears timely (reported the day after the transaction). The transaction code is F (tax withholding).

Context
This was a routine withholding to cover taxes on vested equity awards, not an active sale or purchase intended to signal market sentiment. For retail investors, such withholdings are common after award vesting and do not necessarily indicate a change in the insider's view of the company.