Form 4: Microsoft Director Catherine MacGregor Acquires 1,165 Restricted Stock Units

Catherine MacGregor, a director at Microsoft, acquired 1,165 restricted stock units on September 12, 2024, which will convert to common stock one year after her departure from the board.

Summary

• Catherine MacGregor, a director at Microsoft, has reported the acquisition of 1,165 restricted stock units.
• These restricted stock units were granted on September 12, 2024.
• Each restricted stock unit represents a contingent right to receive one share of Microsoft common stock.
• The restricted stock units are fully vested.
• The shares will be delivered to Ms. MacGregor one year after she leaves the Microsoft Board of Directors.
• Dividend equivalent rights accrue on these units and will be paid out when the units vest.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction of stock units to a director, which is a normal part of executive compensation. It is neither particularly positive nor negative.

Positives

• The acquisition of restricted stock units aligns the director's interests with the company's performance.
• The vesting of the units indicates a long-term commitment from the director.

Future Outlook

The shares will be delivered to the reporting person on the 1st anniversary after the date of the reporting person's separation from service to the Board of Directors.

Industry Context

This is a standard practice for compensating board members and aligning their interests with the company's long-term performance. It is common for technology companies to use stock-based compensation.

Comparison to Industry Standards

• Stock-based compensation is a common practice among large technology companies like Microsoft.
• Companies such as Apple, Google, and Amazon also use restricted stock units as part of their compensation packages for directors and executives.
• The vesting schedule of one year after departure is a fairly standard practice to ensure continued engagement and alignment with the company's long-term goals.

Stakeholder Impact

• The acquisition of restricted stock units by a director is generally viewed positively by shareholders as it aligns the director's interests with the company's long-term success.

Key Dates

Keywords

Microsoft, Director, Restricted Stock Units, MSFT, Equity, Stock Options, Insider Trading, Form 4