Form 4: Microsoft Director Teri List Reports Stock Award and RSU Holdings

Microsoft director Teri List reported the acquisition of 151 shares of common stock and holdings of 22,798.213 restricted stock units in a recent SEC filing.

Summary

• Teri List, a director at Microsoft, filed a Form 4 with the SEC detailing changes in her beneficial ownership of Microsoft securities.
• The filing reports the acquisition of 151 shares of Microsoft common stock, awarded on January 31, 2025, at a price of $0.
• Ms. List also holds 2,264 shares of common stock indirectly through a trust.
• Additionally, she holds 22,798.213 fully vested restricted stock units (RSUs), each representing a contingent right to receive one share of Microsoft common stock.
• The shares from the RSUs will be delivered 30 days after her separation from the Board of Directors.
• The filing also includes a power of attorney, effective September 16, 2024, revoking a prior power of attorney and granting authority to several individuals to execute and file Form 4 and Form 5 filings on her behalf.

Sentiment

Score: 7

Explanation: The document reflects standard corporate governance and compensation practices. There are no indications of negative or positive surprises, making it a neutral to slightly positive event.

Positives

• The stock award of 151 shares indicates continued alignment of interests between the director and the company.
• The vesting of the RSUs suggests a long-term commitment to the company's success.

Future Outlook

The delivery of shares from the RSUs is contingent upon Ms. List'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 ownership and is typical for publicly traded companies. It reflects standard compensation practices for board members.

Comparison to Industry Standards

• Stock awards and restricted stock units are common forms of compensation for directors in large technology companies like Microsoft.
• The vesting schedule and delivery terms for the RSUs are consistent with industry practices.
• The use of a power of attorney for SEC filings is a standard procedure for corporate directors.

Stakeholder Impact

• The stock award and RSU holdings align the director's interests with those of shareholders.
• The filing provides transparency regarding director compensation.

Next Steps

• Delivery of shares from the RSUs will occur 30 days after Ms. List's separation from the Board of Directors.

Key Dates

Keywords

Microsoft, Teri List, Form 4, SEC Filing, Stock Award, Restricted Stock Units, RSU, Beneficial Ownership, Power of Attorney, Director