TIME magazine owner Marc Benioff has publicly criticized Vice President Kamala Harris for declining an interview with the magazine, contrasting her stance with that of her competitors Donald Trump and Joe Biden. Benioff’s comments have sparked debate on social media, highlighting potential transparency concerns surrounding Harris’s campaign.
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Salesforce CEO Marc Benioff has sold a significant portion of his company stock, according to a recent filing with the Securities and Exchange Commission (SEC). The transactions, which occurred on April 23, 2024, involved the sale of Salesforce common stock with a total value exceeding $4 million. Benioff sold shares at prices ranging from $271.33 to $276.21, with the total value of the sales amounting to approximately $4,108,442.
Salesforce CEO Marc Benioff has sold over $4.1 million worth of company stock, according to regulatory filings. The sales were made through a predetermined trading plan to avoid accusations of insider trading. Benioff still holds a substantial amount of Salesforce stock both directly and indirectly. Salesforce investors monitor insider transactions for insights into the company’s valuation and outlook.
Salesforce Inc.’s CEO, Marc Benioff, recently sold $4,064,172 worth of company stock through a pre-established Rule 10b5-1 trading plan. This plan allows insiders to sell stocks automatically without facing insider trading allegations. The sales comprised multiple transactions ranging from $269.6091 to $272.3807 per share. Benioff still holds a substantial number of shares, with 10,000,000 shares held indirectly by the Marc Benioff Fund LLC.