Form 4: Microsoft CFO Amy Hood Reports Stock Transactions Following Vesting of Performance Award

Microsoft's Chief Financial Officer, Amy Hood, reported the acquisition of 45,668 shares and the disposal of 25,299.444 shares of common stock on September 3, 2024, following the vesting of a performance stock award.

Summary

• Amy Hood, the EVP and Chief Financial Officer of Microsoft, filed a Form 4 detailing changes in her beneficial ownership of Microsoft stock.
• On September 3, 2024, Ms. Hood acquired 45,668 shares of common stock as a result of a performance stock award vesting.
• The performance stock award was granted in September 2021 and vested after a three-year performance period ending on June 30, 2024.
• Simultaneously, Ms. Hood disposed of 25,299.444 shares of common stock at a price of $417.14 per share.
• Following these transactions, Ms. Hood beneficially owns 536,819.173 shares of Microsoft common stock.

Sentiment

Score: 7

Explanation: The document is a routine disclosure of stock transactions by a company executive. It is a neutral event and does not indicate any positive or negative sentiment about the company's performance or future prospects. The transactions are a result of a pre-existing performance stock award vesting, which is an expected event.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common practice in publicly traded companies. It reflects the vesting of performance-based compensation, a standard practice in executive compensation packages.

Comparison to Industry Standards

• The vesting of performance-based stock awards is a common practice among large technology companies like Apple (AAPL), Amazon (AMZN), and Google (GOOGL).
• These companies often use stock awards as part of their executive compensation packages to align management's interests with those of shareholders.
• The specific vesting terms and performance metrics vary by company, but the general structure is similar across the industry.
• The reported transactions are consistent with standard practices for executive stock ownership and reporting requirements.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as they are part of a pre-existing compensation plan.
• The transactions do not affect the company's operations or financial performance.

Key Dates

Keywords

Microsoft, MSFT, Amy Hood, CFO, stock, Form 4, beneficial ownership, performance stock award, vesting, executive compensation