Form 4: Microsoft Director Sandra E. Peterson Reports Stock Transaction
SEC Form 4 Filing
Microsoft director Sandra E. Peterson reported the disposal of 5,400 common stock shares and the acquisition of 267.242 restricted stock units.
Summary
- Sandra E. Peterson, a director at Microsoft, filed a Form 4 indicating changes in her beneficial ownership of the company's securities.
- The filing reports the disposal of 5,400 shares of Microsoft common stock.
- Additionally, Peterson acquired 267.242 restricted stock units (RSUs).
- These RSUs are fully vested and represent a contingent right to receive one share of Microsoft common stock each.
- The delivery of shares from the RSUs will occur 30 days after Peterson's separation from the Board of Directors.
- Following these transactions, Peterson's holdings include 23,470.301 derivative securities.
Sentiment
Score: 5
Explanation: The document is a routine disclosure of stock transactions by a company director, which is neither positive nor negative in itself. It is a neutral event.
Future Outlook
The delivery of shares from the restricted stock units will occur 30 days after the reporting person's separation from service to the Board of Directors.
Industry Context
This filing is a routine disclosure of a director's stock transactions, which is common for publicly traded companies like Microsoft. It provides transparency into the holdings of company insiders.
Comparison to Industry Standards
- Form 4 filings are standard practice for directors and officers of publicly traded companies in the United States, as mandated by the SEC.
- The reporting of stock disposals and acquisitions is consistent with the requirements for insider trading transparency.
- Similar filings are made by directors of other large tech companies such as Apple (AAPL), Amazon (AMZN), and Google (GOOGL).
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disclosure of a director's stock activity.
- The transaction does not directly impact employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 01/31/2024 | Date of the reported stock transaction and acquisition of restricted stock units. |
| 02/01/2024 | Date of the signature on the Form 4 filing. |
Keywords
Form 4, Microsoft, Director, Stock Transaction, Restricted Stock Units, Beneficial Ownership, MSFT
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