Results for: SEC Filing

Former Tesla executive Drew Baglino has sold shares worth around $181.5 million, according to a SEC filing on Thursday. Baglino, a Tesla veteran who joined the company in 2006 as an engineer, had been among the four members of Tesla’s leadership team, alongside Elon Musk. Baglino resigned as senior vice president of powertrain and energy engineering last week, amid Tesla’s plans to lay off more than 10% of its global workforce. The sale of Baglino’s shares was part of a stock option exercise, and included about 1.1 million shares sold on April 25th. He had already exercised his stock options twice this year, selling shares worth about $4 million.

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 President and Chief Operating Officer Brian Millham has recently engaged in substantial trading activity involving the acquisition and disposal of shares in the software company. According to a recent SEC filing, Millham exercised options to acquire 5,801 shares at varying prices and simultaneously sold a total of 9,542 shares. This trading activity resulted in a net reduction of 4,204 shares in Millham’s direct holdings in Salesforce.