Form 4: Microsoft Chief Accounting Officer Sells Shares in Form 4 Filing
SEC Form 4 Filing
Alice L. Jolla, Chief Accounting Officer at Microsoft, disposed of 452.62 shares of common stock on February 29, 2024, at a price of $407.72 per share.
Summary
- Alice L. Jolla, the Chief Accounting Officer of Microsoft, filed a Form 4 indicating a transaction involving the company's stock.
- On February 29, 2024, Ms. Jolla disposed of 452.62 shares of Microsoft common stock.
- The shares were sold at a price of $407.72 per share.
- Following the transaction, Ms. Jolla directly owns 68,596.3616 shares of Microsoft common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock sale by an officer, which is neither positive nor negative in itself.
Industry Context
Form 4 filings are a routine part of corporate governance and are required when company insiders trade their company's stock. This filing provides transparency into the transactions of Microsoft's Chief Accounting Officer.
Comparison to Industry Standards
- Form 4 filings are standard practice for all publicly traded companies in the United States, including Microsoft's competitors such as Apple (AAPL), Amazon (AMZN), and Google (GOOG).
- These filings are used to ensure transparency and prevent insider trading, and are a common occurrence across the tech industry.
- The volume of shares sold is relatively small compared to the total outstanding shares of Microsoft, and is not unusual for executive stock transactions.
Stakeholder Impact
- The stock sale by a company officer may have a minor impact on shareholder sentiment, but is unlikely to significantly affect the stock price.
Key Dates
| Date | Description |
|---|---|
| 02/29/2024 | Date of the stock sale transaction. |
| 03/04/2024 | Date the Form 4 was signed by Attorney-in-Fact. |
Keywords
Form 4, Microsoft, MSFT, stock sale, insider trading, Alice L. Jolla, Chief Accounting Officer
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