Form 4: Microsoft Director Catherine MacGregor Reports Stock Unit Transaction

Director Catherine MacGregor reported a transaction involving restricted stock units of Microsoft Corporation.

Summary

• Catherine MacGregor, a director at Microsoft, filed a Form 4 indicating a transaction involving restricted stock units.
• The transaction occurred on June 13, 2024.
• The director acquired 0.746 restricted stock units, which represent a contingent right to receive one share of Microsoft common stock each.
• These restricted stock units are fully vested.
• The delivery of the shares will occur one year after the director's separation from the Board of Directors.
• Dividend equivalent rights accrue when dividends are paid on the company's common stock and become exercisable with the related restricted stock units.

Sentiment

Score: 7

Explanation: The document is a routine filing related to director compensation, indicating a neutral to slightly positive sentiment as it reflects standard corporate practices.

Industry Context

This is a routine filing related to director compensation and is common for publicly traded companies like Microsoft.

Comparison to Industry Standards

• The use of restricted stock units as part of director compensation is a standard practice among large publicly traded companies.
• Many companies, such as Apple, Google, and Amazon, also use similar equity-based compensation for their directors and executives.
• The vesting and delivery terms are also typical, with a delay until after separation from the board.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it is a small number of shares related to director compensation.
• The transaction does not directly impact employees, customers, suppliers, or creditors.

Key Dates

Keywords

Form 4, Microsoft, Director, Catherine MacGregor, Restricted Stock Units, Stock Transaction, Beneficial Ownership