STOCK TITAN

Director John Rainey adds Microsoft (MSFT) restricted stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Rainey John D reported acquisition or exercise transactions in this Form 4 filing.

Microsoft director John D. Rainey reported a small equity award linked to his board service. He received 0.688 restricted stock units, each representing a contingent right to one share of Microsoft common stock, with dividend equivalent rights accruing as dividends are paid.

The restricted stock units are fully vested, and the related shares will be delivered 30 days after his separation from service on the Board of Directors. Following this update, he holds 5,464 shares of common stock directly and 296.266 restricted stock units.

Positive

  • None.

Negative

  • None.
Insider Rainey John D
Role null
Type Security Shares Price Value
Grant/Award Restricted Stock Units 0.688 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Restricted Stock Units — 296.266 shares (Direct, null); Common Stock — 5,464 shares (Direct, null)
Footnotes (1)
  1. Each restricted stock unit represents a contingent right to receive one share of Microsoft common stock. Dividend equivalent rights accrue when and as dividends are paid on the Company's common stock and become exercisable proportionately with the restricted stock units to which they relate. The restricted stock units are fully vested. Delivery of the shares to the reporting person will be made 30 days after the date of the reporting person's separation from service to the Board of Directors.
New RSU grant 0.688 restricted stock units Granted on 2026-06-11, each for one common share
Total RSUs after transaction 296.266 restricted stock units Fully vested units tied to board service
Common shares held 5,464 shares Direct Microsoft common stock ownership after reported transactions
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share of Microsoft common stock."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
dividend equivalent rights financial
"Dividend equivalent rights accrue when and as dividends are paid on the Company's common stock..."
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
separation from service financial
"Delivery of the shares to the reporting person will be made 30 days after the date of the reporting person's separation from service to the Board of Directors."
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Rainey John D

(Last)(First)(Middle)
C/O MICROSOFT CORPORATION
ONE MICROSOFT WAY

(Street)
REDMOND WASHINGTON 98052

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
MICROSOFT CORP [ MSFT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/11/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock5,464D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)06/11/2026A0.688(2) (3) (3)Common Stock0.688$0296.266D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of Microsoft common stock.
2. Dividend equivalent rights accrue when and as dividends are paid on the Company's common stock and become exercisable proportionately with the restricted stock units to which they relate.
3. The restricted stock units are fully vested. Delivery of the shares to the reporting person will be made 30 days after the date of the reporting person's separation from service to the Board of Directors.
Julia Stark, Attorney-in-fact for John David Rainey06/12/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Microsoft (MSFT) director John D. Rainey report in this Form 4?

John D. Rainey reported a small grant of 0.688 restricted stock units. These units are fully vested and each represents a contingent right to receive one share of Microsoft common stock at a later delivery date.

How many Microsoft (MSFT) restricted stock units does John D. Rainey now hold?

After this transaction, John D. Rainey holds 296.266 restricted stock units. Each unit corresponds to a right to receive one Microsoft common share, subject to the specified delivery conditions tied to his board service.

When will John D. Rainey receive the Microsoft (MSFT) shares underlying these restricted stock units?

The shares underlying the restricted stock units will be delivered 30 days after John D. Rainey’s separation from service on Microsoft’s Board of Directors. The units are already fully vested but have this deferred delivery schedule.

What are dividend equivalent rights on Microsoft (MSFT) restricted stock units?

Dividend equivalent rights accrue when Microsoft pays dividends on its common stock. These rights become exercisable proportionately with the related restricted stock units, effectively mirroring dividend value on the units until underlying shares are delivered.

How many Microsoft (MSFT) common shares does John D. Rainey directly own after this filing?

Following the reported transactions, John D. Rainey directly owns 5,464 shares of Microsoft common stock. This direct shareholding is separate from his 296.266 restricted stock units, which represent additional contingent equity interests.