Salesforce Form 4 Filing Shows Chiar and CEO Marc Banioff Sold 15,000 Shares At An Average Price Of $284.73 Per share; Transaction Was Effected Automatically Pursuant To A Rule 10b5-1 Trading Plan Adopted By The Reporting Person On December 29, 2023
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Salesforce Chairman and CEO Marc Benioff sold 15,000 shares at an average price of $284.73 per share, according to a Form 4 filing with the SEC.
May 16, 2024 | 8:47 pm
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Salesforce Chairman and CEO Marc Benioff sold 15,000 shares at an average price of $284.73 per share, according to a Form 4 filing with the SEC.
The sale of shares by a high-ranking executive like the Chairman and CEO can be perceived negatively by investors, potentially leading to a short-term decline in stock price due to concerns about insider confidence in the company's future performance.
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