Form 4: Microsoft Director Hugh F. Johnston Reports Stock Transactions
SEC Form 4 Filing
Microsoft director Hugh F. Johnston reported the disposal of 7,750 common stock shares and the acquisition of 252.054 restricted stock units.
Summary
- Hugh F. Johnston, a director at Microsoft, filed a Form 4 disclosing changes in his beneficial ownership of company stock.
- He disposed of 7,750 shares of common stock, which were held indirectly through a trust.
- Johnston also acquired 252.054 restricted stock units, which are fully vested and represent a contingent right to receive one share of Microsoft common stock each.
- The delivery of shares from the restricted stock units will be made in five equal annual installments after his separation from the Board of Directors.
- The transactions occurred on September 6, 2024.
Sentiment
Score: 5
Explanation: The document is a routine filing of stock transactions by a director, which is neither positive nor negative in itself.
Future Outlook
The delivery of shares from the restricted stock units will be made in five equal annual installments commencing 30 days after the date of the reporting person's separation from service to the Board of Directors.
Industry Context
This is a routine filing for a director's stock transactions and is common practice for publicly traded companies.
Comparison to Industry Standards
- Form 4 filings are standard practice for corporate insiders in the US, and this filing is consistent with those requirements.
- The reporting of stock disposals and acquisitions by directors is a common occurrence across all publicly listed companies, including Microsoft's peers such as Apple, Google, and Amazon.
Stakeholder Impact
- The transactions are unlikely to have a significant impact on shareholders, employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 09/06/2024 | Date of the stock disposal and restricted stock unit acquisition. |
| 09/09/2024 | Date the Form 4 was signed and filed. |
Keywords
Microsoft, MSFT, Form 4, Director, Stock Transaction, Restricted Stock Units, Beneficial Ownership, Hugh F. Johnston
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.