Microsoft CEO Nadella sells 86,525 shares
Microsoft’s CEO reported pre-planned open-market sales of 86,525 shares under a Rule 10b5-1 trading plan.
Rhea-AI Filing Summary
MICROSOFT CORP (MSFT) reported that Chief Executive Officer and director Satya Nadella sold 86,525 shares of Microsoft common stock in a series of open-market transactions on September 1, 2026. The reported weighted average sale prices ranged from about $498 to $505 per share, and the sales were made pursuant to a Rule 10b5-1 trading plan adopted on March 8, 2026. Nadella also reports ongoing indirect ownership of Microsoft shares through several grantor retained annuity trusts, including 116,300 shares held by one such trust as of that date.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 86,525 shares
Net Sell
13 txns
Insider
Nadella Satya
Role
Chief Executive Officer
Sold
86,525 shs ($43.39M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 1,040 | $498.2396 | $518K |
| Sale | Common Stock F2 | 5,080 | $499.4452 | $2.54M |
| Sale | Common Stock F3 | 24,723 | $500.4678 | $12.37M |
| Sale | Common Stock F4 | 32,901 | $501.1233 | $16.49M |
| Sale | Common Stock F5 | 4,520 | $502.2909 | $2.27M |
| Sale | Common Stock F6 | 7,067 | $503.4372 | $3.56M |
| Sale | Common Stock F7 | 9,834 | $504.1124 | $4.96M |
| Sale | Common Stock F8 | 1,360 | $505.1997 | $687K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 486,762.534 shares (Direct);
Common Stock — 51,450 shares (Indirect, By GRAT 25-1);
Common Stock — 103,985 shares (Indirect, By GRAT 25-2);
Common Stock — 116,300 shares (Indirect, By GRAT 26-1);
Common Stock — 58,270 shares (Indirect, By GRAT 26-2);
Common Stock — 101,459 shares (Indirect, By GRAT 26-3)
Footnotes (8)
- F1. This transaction was executed in multiple trades at prices ranging from $497.69 to $498.67. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares and prices at which the transactions were effected.
- F2. This transaction was executed in multiple trades at prices ranging from $498.79 to $499.78. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares and prices at which the transactions were effected.
- F3. This transaction was executed in multiple trades at prices ranging from $499.79 to $500.78. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares and prices at which the transactions were effected.
- F4. This transaction was executed in multiple trades at prices ranging from $500.79 to $501.78. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares and prices at which the transactions were effected.
- F5. This transaction was executed in multiple trades at prices ranging from $501.79 to $502.77. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares and prices at which the transactions were effected.
- F6. This transaction was executed in multiple trades at prices ranging from $502.79 to $503.78. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares and prices at which the transactions were effected.
- F7. This transaction was executed in multiple trades at prices ranging from $503.79 to $504.78. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares and prices at which the transactions were effected.
- F8. This transaction was executed in multiple trades at prices ranging from $504.82 to $505.76. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares and prices at which the transactions were effected.
Key Figures
Shares sold: 86,525 shares
Lowest reported trade price: $497.69 per share
Highest reported trade price: $505.76 per share
+3 more
6 metrics
Shares sold
86,525 shares
Total Microsoft common shares sold by Satya Nadella on September 1, 2026
Lowest reported trade price
$497.69 per share
Lower end of the price range for one group of trades on September 1, 2026
Highest reported trade price
$505.76 per share
Upper end of the price range for one group of trades on September 1, 2026
Indirect holdings by GRAT 26-1
116,300 shares
Indirectly owned Microsoft common stock held by a grantor retained annuity trust as of September 1, 2026
Indirect holdings by GRAT 25-2
103,985 shares
Indirectly owned Microsoft common stock held by a separate grantor retained annuity trust as of September 1, 2026
Rule 10b5-1 plan adoption date
March 8, 2026
Date the trading plan governing these sales was adopted
Key Terms
Rule 10b5-1 trading plan, weighted average purchase price, grantor retained annuity trust
3 terms
Rule 10b5-1 trading plan regulatory
"The sale reported on this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted on March 8, 2026"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average purchase price financial
"The price reported above reflects the weighted average purchase price"
The weighted average purchase price is the average cost per share you paid across multiple buys, calculated so larger purchases count more than smaller ones. Imagine buying apples at different prices: the overall price you effectively paid depends on how many apples you bought at each price. Investors use it to measure true cost basis, calculate gains or losses, decide when to sell, and manage taxes and portfolio performance.
grantor retained annuity trust financial
"Indirect ownership is reported as held By GRAT 25-1, GRAT 25-2 and other GRATs"
A grantor retained annuity trust (GRAT) is an estate-planning tool where the person who creates the trust transfers assets into it but receives fixed cash payments (an annuity) from the trust for a set number of years; whatever remains after that term passes to designated beneficiaries. It matters to investors because it can shift future appreciation of assets out of the creator’s taxable estate—like putting an asset into a timed vending machine that pays you fixed amounts while any extra value that grows inside the machine goes to heirs with reduced gift or estate tax consequences.
FAQ
What insider transactions did MSFT’s CEO report on September 1, 2026?
Satya Nadella reported selling 86,525 shares of Microsoft common stock in multiple open-market transactions on September 1, 2026, at weighted average prices around $498–$505 per share, according to the Form 4.
Were the September 2026 MSFT insider sales made under a Rule 10b5-1 plan?
Yes. The Form 4 states that the sales were made pursuant to a Rule 10b5-1 trading plan adopted on March 8, 2026, indicating the trades were pre-arranged under that plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
