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Microsoft (MSFT) accounting chief disposes shares for tax withholding

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

Rhea-AI Filing Summary

Microsoft Chief Accounting Officer Alice L. Jolla reported a tax-related share disposition. On March 2, 2026, she transferred 424.2040 shares of Microsoft common stock at $392.74 per share to cover tax obligations, described as a tax-withholding disposition, and retained 71,561.2426 shares held directly afterward.

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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*
Jolla Alice L.

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Accounting Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026
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 03/02/2026 F 424.204 D $392.74 71,561.2426 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
Explanation of Responses:
Julia Stark, Attorney-in-Fact for Alice L. Jolla 03/03/2026
** 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 insider transaction did Microsoft (MSFT) report for Alice L. Jolla?

Microsoft reported that Chief Accounting Officer Alice L. Jolla disposed of 424.2040 common shares to cover tax obligations. The Form 4 describes this as a tax-withholding disposition rather than an open-market sale, at a reported price of $392.74 per share.

Was the Microsoft (MSFT) Alice L. Jolla Form 4 a tax-withholding event?

Yes. The transaction is coded “F” and described as a tax-withholding disposition. That means shares were used to satisfy tax liabilities tied to an equity award, instead of representing a discretionary open-market purchase or sale of Microsoft stock.

How many Microsoft (MSFT) shares did Alice L. Jolla dispose of and at what price?

Alice L. Jolla disposed of 424.2040 Microsoft common shares at a reported price of $392.74 per share. The Form 4 identifies this as a tax-withholding disposition associated with payment of a tax liability, not a standard open-market transaction.

How many Microsoft (MSFT) shares does Alice L. Jolla hold after this Form 4 transaction?

After the tax-withholding disposition, Alice L. Jolla directly holds 71,561.2426 Microsoft common shares. This post-transaction balance reflects the remaining shares following the transfer of 424.2040 shares used to satisfy her reported tax obligation.

Does the Alice L. Jolla Microsoft (MSFT) Form 4 indicate an open-market sale?

No. The Form 4 shows a transaction code “F,” defined as payment of a tax liability by delivering securities. This indicates a tax-withholding disposition, differentiating it from a discretionary open-market sale decision in Microsoft stock.

What role does Alice L. Jolla hold at Microsoft (MSFT) in this Form 4 filing?

Alice L. Jolla is identified as an officer of Microsoft, serving as Chief Accounting Officer. The reported Form 4 transaction reflects a tax-withholding disposition of common stock connected to her equity compensation, not a routine market trade.
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