Form 4: Microsoft Director Emma Walmsley Reports Acquisition of Restricted Stock Units

Microsoft director Emma Walmsley acquired 138.61 restricted stock units, which will convert to common stock after a five-year vesting period following her departure from the board.

Summary

• Emma Walmsley, a director at Microsoft, reported the acquisition of 138.61 restricted stock units on June 7, 2024.
• These restricted stock units represent a contingent right to receive one share of Microsoft common stock each.
• The restricted stock units are fully vested, meaning they have met the time-based requirements for ownership.
• The shares will be delivered to Ms. Walmsley five years after she leaves the Microsoft Board of Directors.
• The transaction was reported on a Form 4 filing with the Securities and Exchange Commission.

Sentiment

Score: 7

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

Positives

• The acquisition of restricted stock units aligns the director's interests with the long-term performance of the company.
• The vesting of the units indicates that the director has met the necessary requirements for ownership.

Future Outlook

The shares will be delivered to the reporting person on the 5th anniversary 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 public companies, where equity compensation is used to align their interests with shareholders.

Comparison to Industry Standards

• Equity compensation, such as restricted stock units, is a common practice for directors at large technology companies like Microsoft.
• Companies such as Apple, Google, and Amazon also use similar methods to compensate their board members.
• The vesting period and delivery terms are typical for these types of grants, ensuring long-term commitment from directors.

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, Form 4, SEC, Equity, Beneficial Ownership, MSFT