Benioff Marc

Marc Benioff, Chair and CEO of Salesforce (CRM), has filed 578 Form 4 transactions over his tenure, all in a single company. The aggregate picture is unambiguous: total open-market sales reached $52.6 million, while open-market purchases totaled zero. The recent activity reinforces that pattern. Between October 30 and November 3, 2025, Benioff executed a cluster of 19 "S" (open-market sale) transactions, ranging in value from roughly $3,000 to $220,000, alongside two "M" (option exercise) events on October 31 and November 3 valued at $363,375 and $19,703, respectively. The sales were spread across multiple lots on each date, a typical distribution pattern for a large holder. The most recent filings, however, show no new selling. The last open-market sale occurred on November 3, 2025. Since then, the only activity has been mechanical or compensatory: two "A" (grant/award) transactions on March 22, 2026, with zero dollar value, and a single "F" (tax withholding) event on April 22, 2026, valued at $4.28 million. That April filing represents shares withheld to cover tax obligations, not a discretionary sale. The data reveals a consistent, long-term disposition bias: Benioff has been a steady seller of CRM stock via open-market transactions, with no corresponding purchases. The recent quiet period, marked only by automatic grants and tax-related withholdings, suggests a pause in discretionary selling. The absence of any "P" (purchase) codes across the entire 578-transaction history underscores that Benioff has never used his own capital to acquire shares on the open market, making his selling pattern a one-way directional signal.