Form 4: Microsoft Director Catherine MacGregor Acquires Restricted Stock Units

Catherine MacGregor, a director at Microsoft, acquired 1,599 restricted stock units, which are fully vested and represent a contingent right to receive one share of Microsoft common stock each.

Summary

• Catherine MacGregor, a director at Microsoft, has reported the acquisition of 1,599 restricted stock units.
• These restricted stock units are fully vested and each unit represents a contingent right to receive one share of Microsoft common stock.
• Dividend equivalent rights accrue with these units and become exercisable proportionately.
• The shares will be delivered to Ms. MacGregor one year after her separation from the Board of Directors.
• The transaction occurred on December 12, 2024.

Sentiment

Score: 7

Explanation: The document reflects a standard transaction of a director receiving equity compensation, which is generally viewed positively as it aligns interests with shareholders. There are no negative implications.

Positives

• The acquisition of restricted stock units by a director signals confidence in the company's future 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.

Comparison to Industry Standards

• Granting restricted stock units to directors is a common practice among large technology companies like Microsoft.
• Companies such as Apple, Google, and Amazon also use similar equity-based compensation methods to incentivize their board members.
• The vesting schedule and delivery terms are typical for these types of grants, often tied to continued service or specific performance milestones.

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.
• There is no direct impact on employees, customers, suppliers, or creditors.

Next Steps

• The shares will be delivered to Ms. MacGregor one year after her separation from the Board of Directors.

Key Dates

Keywords

Microsoft, Director, Restricted Stock Units, MSFT, Equity, Beneficial Ownership, SEC Form 4