Form 4: Microsoft Director Teri List Reports Stock Transactions

Microsoft director Teri List reported the acquisition of restricted stock units and the disposal of common stock, according to 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 the company's stock.
• The filing indicates that on September 12, 2024, Ms. List acquired 39,899 restricted stock units, each representing a contingent right to receive one share of Microsoft common stock.
• Additionally, Ms. List disposed of 146 shares of common stock.
• The filing also shows that Ms. List indirectly owns 1,986 shares of common stock through a trust.
• The restricted stock units are fully vested, but the shares will be delivered 30 days after Ms. List's separation from the Board of Directors.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing detailing stock transactions by a director, which is neither positive nor negative in itself.

Future Outlook

The delivery of shares from the restricted stock units is contingent upon Ms. List's separation from the Board of Directors, occurring 30 days after her departure.

Industry Context

This filing is a routine disclosure of stock transactions by a company director, which is common practice for publicly traded companies like Microsoft.

Comparison to Industry Standards

• Directors of publicly traded companies like Apple (AAPL), Amazon (AMZN), and Google (GOOGL) are required to file similar Form 4 documents with the SEC when they engage in transactions involving their company's stock.
• These filings are standard practice and provide transparency into the trading activities of company insiders.
• The volume of shares and restricted stock units involved in this filing is typical for director compensation and equity grants.

Stakeholder Impact

• The stock transactions by a director are generally of interest to shareholders as they provide insight into insider trading activity.
• The transactions are not expected to have a significant impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

Microsoft, Teri List, SEC Form 4, Stock Transactions, Restricted Stock Units, Director, Beneficial Ownership