Reid Hoffman (MSFT) reports new restricted stock unit award and updated holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hoffman Reid reported acquisition or exercise transactions in this Form 4 filing.
Microsoft director Reid Hoffman received a grant of 39.453 restricted stock units (RSUs), each representing a right to one share of Microsoft common stock. These RSUs are fully vested and will be delivered in shares on the first anniversary after his separation from the Board of Directors. Following this grant, he directly holds 16,963.167 shares in the form of RSUs and indirectly holds 15,905 shares of common stock through a living trust. Dividend equivalent rights accrue on these RSUs as Microsoft pays dividends.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Hoffman Reid
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 39.453 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 16,963.167 shares (Direct, null);
Common Stock — 15,905 shares (Indirect, By Living Trust)
Footnotes (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 1st anniversary after the date of the reporting person's separation from service to the Board of Directors.
Key Figures
RSUs granted: 39.453 RSUs
RSU grant price: $0.0000 per unit
Direct holdings after grant: 16,963.167 shares
+2 more
5 metrics
RSUs granted
39.453 RSUs
Grant of restricted stock units to director
RSU grant price
$0.0000 per unit
Reported transaction price per RSU
Direct holdings after grant
16,963.167 shares
Shares underlying RSUs held directly after transaction
Indirect holdings
15,905 shares
Common stock held indirectly by living trust
RSU to share ratio
1 RSU : 1 share
Each RSU represents one Microsoft common share
Key Terms
Restricted Stock Units, Dividend equivalent rights, contingent right, Living Trust, +1 more
5 terms
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.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
Living Trust financial
"total_shares_following_transaction": "15905.0000" ... "nature_of_ownership": "By Living Trust""
Board of Directors financial
"Delivery of the shares ... will be made on the 1st anniversary after the date of the reporting person's separation from service to the Board of Directors."
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
FAQ
What did Microsoft (MSFT) director Reid Hoffman report in this Form 4?
Reid Hoffman reported receiving 39.453 restricted stock units (RSUs) tied to Microsoft common stock. The Form 4 also shows his updated holdings, including both directly held RSUs and shares held indirectly through a living trust.
How many Microsoft (MSFT) restricted stock units did Reid Hoffman receive?
Reid Hoffman received a grant of 39.453 restricted stock units. Each RSU represents a contingent right to receive one share of Microsoft common stock, providing equity-based compensation linked directly to the company’s stock performance.
Do Reid Hoffman’s Microsoft RSUs earn dividend equivalents?
Yes. The filing states that dividend equivalent rights accrue on the RSUs when Microsoft pays dividends on its common stock. These rights become exercisable proportionately with the related RSUs.
What does each restricted stock unit represent in this Microsoft (MSFT) filing?
Each restricted stock unit represents a contingent right to receive one share of Microsoft common stock. This means the RSUs convert into actual shares under the conditions described in the award terms.