Form 4: Microsoft Executive Bradford L. Smith Reports Stock Transaction
SEC Form 4 Filing
Microsoft's Vice Chair and President, Bradford L. Smith, disposed of 4,076.627 shares of common stock on February 29, 2024.
Summary
- Bradford L. Smith, Vice Chair and President at Microsoft, reported a transaction involving the disposal of 4,076.627 shares of Microsoft common stock.
- The transaction occurred on February 29, 2024.
- The shares were disposed of at a price of $407.72 per share.
- Following the transaction, Mr. Smith beneficially owns 566,749.6431 shares of Microsoft common stock.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, not indicative of positive or negative sentiment.
Industry Context
This is a routine filing related to insider transactions and is a normal part of corporate governance for publicly traded companies like Microsoft. It does not indicate any specific trend or event in the broader tech industry.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, such as Microsoft, and are required by the SEC to ensure transparency of insider trading.
- Similar filings are made by executives at other large tech companies like Apple (AAPL), Amazon (AMZN), and Google (GOOGL) when they trade their company's stock.
- The volume of shares traded by Mr. Smith is not unusual for an executive at his level.
Stakeholder Impact
- This transaction has a minimal impact on shareholders as it is a routine insider transaction.
Key Dates
| Date | Description |
|---|---|
| 02/29/2024 | Date of the stock disposal transaction. |
| 03/04/2024 | Date the Form 4 was signed by Ann Habernigg, Attorney-in-Fact for Bradford L. Smith. |
Keywords
Microsoft, Bradford L. Smith, stock transaction, insider trading, Form 4, equity securities
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