Form 4: Microsoft Director Teri List Reports Stock Award and Holdings
SEC Form 4 Filing
Director Teri List of Microsoft Corporation reported the acquisition of 138 shares of common stock and holdings of 22,677.785 restricted stock units.
Summary
- Teri List, a director at Microsoft, filed a Form 4 disclosing a recent transaction.
- On June 7, 2024, Ms. List acquired 138 shares of Microsoft common stock as a stock award.
- The stock award was fully vested on the date of grant.
- Ms. List also holds 1,848 shares of common stock indirectly through a trust.
- Additionally, she holds 22,677.785 restricted stock units, which are fully vested.
- The shares from the restricted stock units will be delivered 30 days after her separation from the Board of Directors.
Sentiment
Score: 7
Explanation: The document is a routine disclosure of stock transactions by a director, which is generally neutral to positive. The stock award and vesting of restricted stock units suggest alignment of interests.
Positives
- The stock award of 138 shares indicates continued alignment of interests between the director and the company.
- The vesting of the restricted stock units suggests a long-term commitment from the director.
Future Outlook
The delivery of shares from the restricted stock units is contingent upon the director's separation from the Board of Directors, which will occur 30 days after her departure.
Industry Context
This filing is a routine disclosure of a director's stock transactions, which is common practice for publicly traded companies like Microsoft. It provides transparency into the holdings of key personnel.
Comparison to Industry Standards
- The reporting of stock awards and restricted stock units is standard practice for directors of publicly traded companies.
- Similar filings are made by directors at comparable tech companies such as Apple, Google, and Amazon, reflecting similar compensation structures.
Stakeholder Impact
- The disclosure provides transparency to shareholders regarding the holdings of a key director.
- The stock award and restricted stock units align the director's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 06/07/2024 | Date of the stock award and transaction. |
Keywords
Microsoft, Director, Teri List, Stock Award, Restricted Stock Units, Form 4, Beneficial Ownership, Equity Securities
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