Form 4: Microsoft Director Catherine MacGregor Reports Stock Unit Transaction

Director Catherine MacGregor reported the acquisition of 224,048 restricted stock units of Microsoft, which are fully vested but will be delivered one year after her departure from the board.

Summary

• Catherine MacGregor, a director at Microsoft, reported a transaction involving restricted stock units.
• She acquired 224,048 restricted stock units on September 6, 2024.
• These units are fully vested, meaning they have met all requirements for ownership.
• The shares will be delivered to Ms. MacGregor one year after she leaves the Microsoft Board of Directors.
• Following this transaction, Ms. MacGregor now beneficially owns 663,901 derivative securities.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed positively as it aligns director interests with the company's long-term performance. There are no negative implications.

Positives

• The acquisition of restricted stock units indicates continued alignment of interests between the director and the company.
• The vesting of the units suggests that performance goals have been met.

Future Outlook

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

Industry Context

This is a routine filing related to executive compensation and is common for publicly traded companies like Microsoft. It reflects standard practice for aligning director interests with shareholder value.

Comparison to Industry Standards

• The use of restricted stock units is a common practice in executive compensation across the technology industry, including companies like Apple (AAPL), Google (GOOGL), and Amazon (AMZN).
• The vesting and delivery terms are also typical, with a delay in share delivery to ensure continued service and alignment with long-term company performance.
• The number of units granted is within the range of what is typically seen for directors at large technology companies.

Stakeholder Impact

• The transaction has a positive impact on shareholders as it aligns the director's interests with the company's long-term success.
• The transaction has no direct impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

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