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Emma Walmsley (NASDAQ: MSFT) receives Microsoft RSU award

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

Rhea-AI Filing Summary

MICROSOFT CORP director Emma N. Walmsley reported a compensation-related equity award. She acquired 2.5070 restricted stock units, each representing a right to receive one share of Microsoft common stock. These restricted stock units are fully vested and accrue dividend equivalent rights when dividends are paid on the common stock.

Delivery of the shares underlying this award will occur on the 5th anniversary after her separation from service on the Board of Directors. Following this award, her reported holdings include 1,109.6750 restricted stock units and 9,913.7970 shares of Microsoft common stock held directly.

Positive

  • None.

Negative

  • None.
Insider Walmsley Emma N
Role Director
Type Security Shares Price Value
Grant/Award Restricted Stock Units 2.507 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Restricted Stock Units — 1,109.675 shares (Direct); Common Stock — 9,913.797 shares (Direct)
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 on the 5th anniversary after the date of the reporting person's separation from service to the Board of Directors.
SEC Form 4
FORM 4 UNITED 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*
Walmsley Emma N

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

(Street)
REDMOND WA 98052-6399

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
MICROSOFT CORP [ MSFT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/12/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 9,913.797 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 03/12/2026 A 2.507(2) (3) (3) Common Stock 2.507 $0 1,109.675 D
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 on the 5th anniversary after the date of the reporting person's separation from service to the Board of Directors.
Julia Stark, Attorney-in-fact for Emma N. Walmsley 03/13/2026
** Signature of Reporting Person Date
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.

FAQ

What did Microsoft (MSFT) director Emma Walmsley report in this Form 4?

Emma N. Walmsley reported receiving 2.5070 restricted stock units as a compensation-related equity award. Each unit represents a right to receive one Microsoft common share, with the units fully vested and subject to deferred share delivery after she leaves the Board of Directors.

How many Microsoft restricted stock units did Emma Walmsley acquire in this filing?

Emma Walmsley acquired 2.5070 restricted stock units linked to Microsoft common stock. These units are fully vested, accrue dividend equivalent rights when dividends are paid, and increase her total reported restricted stock unit holdings to 1,109.6750 units following the transaction.

When will Emma Walmsley receive the Microsoft shares from these restricted stock units?

Delivery of the Microsoft shares from these restricted stock units will occur on the 5th anniversary after Emma Walmsley’s separation from service on the Board. Although fully vested now, the actual shares are deferred until that post-service milestone is reached.

Do Emma Walmsley’s Microsoft restricted stock units earn dividends?

The restricted stock units earn dividend equivalent rights when and as dividends are paid on Microsoft common stock. These dividend equivalents become exercisable proportionately with the related units, aligning the economic benefits of the units with regular common shareholders’ cash dividend payments.

What are Emma Walmsley’s Microsoft share and unit holdings after this Form 4?

After this filing, Emma Walmsley’s reported holdings include 9,913.7970 shares of Microsoft common stock held directly and 1,109.6750 restricted stock units. The new 2.5070-unit award is included in that restricted stock unit total, reflecting a modest addition to her overall equity position.

Is Emma Walmsley’s Microsoft Form 4 transaction a market buy or sell?

This Form 4 does not report a market purchase or sale. Instead, it shows Emma Walmsley acquiring 2.5070 restricted stock units as a grant or award, a typical non-cash compensation arrangement for directors, with share delivery deferred until after Board service ends.
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