Form 4: Microsoft Director Carlos A. Rodriguez Acquires Restricted Stock Units

Microsoft director Carlos A. Rodriguez acquired 255.166 restricted stock units, which will convert to common stock after his departure from the board.

Summary

• Carlos A. Rodriguez, a director at Microsoft, acquired 255.166 restricted stock units on September 6, 2024.
• These restricted stock units are fully vested and each unit represents the right to receive one share of Microsoft common stock.
• The shares will be delivered to Mr. Rodriguez 30 days after he leaves the Microsoft Board of Directors.
• Following this transaction, Mr. Rodriguez directly owns 3,421.648 derivative securities.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction, indicating a positive alignment of interests between the director and the company. There is no negative information.

Positives

• The acquisition of restricted stock units by a director signals confidence in the company's future performance.
• The vesting of the restricted stock units indicates a long-term commitment from the director.

Future Outlook

The shares will be delivered to the reporting person 30 days after the date of the reporting person's separation from service to the Board of Directors.

Industry Context

This is a standard transaction for directors of publicly traded companies, often used as part of their compensation packages to align their interests with those of shareholders.

Comparison to Industry Standards

• The use of restricted stock units as compensation for directors is a common practice among large technology companies like Microsoft.
• Companies such as Apple, Google, and Amazon also frequently grant stock-based compensation to their directors and executives.
• The vesting and delivery terms are typical, with a delay after departure to ensure continued alignment with company goals.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with the company's long-term performance.

Key Dates

Keywords

Microsoft, Director, Restricted Stock Units, MSFT, Equity, Carlos A. Rodriguez, Beneficial Ownership, SEC Form 4