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 company stock.
• The filing indicates that on June 13, 2024, Ms. List acquired 38,516 restricted stock units (RSUs).
• These RSUs represent a contingent right to receive one share of Microsoft common stock each.
• The RSUs are fully vested, but the shares will be delivered 30 days after Ms. List's separation from service to the Board of Directors.
• Ms. List also disposed of 138 shares of common stock and holds 1,848 shares indirectly through a trust.

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

• The reporting of stock transactions by directors is a standard practice across all publicly listed companies.
• The use of restricted stock units as part of director compensation is also a common practice.
• The timing of share delivery after separation from service is a typical vesting condition.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as they are part of standard director compensation and do not represent a significant change in ownership.

Key Dates

Keywords

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