Salesforce Inc. (NYSE:CRM) shares are trending on Wednesday night.
Shares of the leading American cloud-based software company rose 0.53% to $183.99 in after-hours trading on Tuesday, as six senior insiders disclosed equity transactions in Securities and Exchange Commission filings dated the same day.
Executives Vest RSUs
SEC filings show Salesforce executives Parker Harris, co-founder and chief technology officer of Slack, Miguel Milano, president and chief revenue officer, Sabastian Niles, president and chief legal officer, Srinivas Tallapragada, chief engineering and customer success officer and Robin Washington, president and chief operating and financial officer, each converted restricted stock units into common shares on Monday.
RSUs converted to common stock on a one-for-one basis upon vesting for Salesforce insiders.
| Insider | Shares Vested |
|---|---|
| Parker Harris | 7,359 |
| Miguel Milano | 7,118 |
| Sabastian Niles | 5,083 |
| Srinivas Tallapragada | 9,849 |
| Robin Washington | 7,323 |
| Total | 36,732 |
A combined 15,057 shares were withheld across the five insiders at $195.38 per share to settle tax obligations, totaling approximately $2.94 million.
In a …
