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.

Summary

• Teri List, a director at Microsoft, filed a Form 4 detailing changes in her beneficial ownership of the company's stock.
• On March 14, 2024, she acquired 39,927 restricted stock units, each representing a contingent right to receive one share of Microsoft common stock.
• These restricted stock units are fully vested and will be delivered 30 days after her separation from the Board of Directors.
• She also disposed of 148 shares of common stock and holds 1,700 shares indirectly through a trust.
• The restricted stock units were acquired at a price of $0.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of stock transactions, which is neither positive nor negative in itself. It reflects standard corporate governance practices.

Positives

• The acquisition of 39,927 restricted stock units indicates continued alignment of interest between the director and the company's performance.

Future Outlook

The delivery of shares from the restricted stock units is contingent on Teri 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, including technology giants like Apple (AAPL), Amazon (AMZN), and Google (GOOGL).
• These filings are required by the SEC to ensure transparency and prevent insider trading.
• The specific details of the transactions, such as the number of shares and the type of equity instruments, are unique to each individual and company.

Stakeholder Impact

• The stock transactions by a director are of interest to shareholders as they provide insight into the director's alignment with the company's performance.

Next Steps

• The shares from the restricted stock units will be delivered 30 days after Teri List's separation from the Board of Directors.

Key Dates

Keywords

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