Microsoft (MSFT) director granted RSUs and updates share holdings
Rhea-AI Filing Summary
Johnston Hugh F reported acquisition or exercise transactions in this Form 4 filing.
Microsoft Corp director Hugh F. Johnston reported a small compensation-related equity award and updated his share holdings. He received a grant of 4.253 restricted stock units, each representing one share of Microsoft common stock. These units are fully vested, and dividend equivalents accrue when dividends are paid on the stock.
Delivery of the shares from this award will be made in five equal annual installments, beginning 30 days after his separation from service on the Board of Directors. Following this grant, Johnston holds 1,882.582 restricted stock units directly, 7,750 shares of common stock directly, and 68 shares indirectly through a trust, for which he disclaims beneficial ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 4.253 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. 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 in 5 equal annual installments commencing 30 days after the date of the reporting person's separation from service to the Board of Directors.