Microsoft director receives small RSU grant

Walmsley Emma N reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Walmsley Emma N reported acquisition or exercise transactions in this Form 4 filing.

Microsoft director Emma N. Walmsley reported her holdings and a small equity award. She received a grant of 2.935 Restricted Stock Units (RSUs), each representing a contingent right to one share of Microsoft common stock. After this award, she directly holds 9,913.797 shares of common stock and 1,262.609 RSUs. The RSUs are fully vested, dividend equivalent rights accrue when dividends are paid, and the actual delivery of shares will occur on the fifth anniversary after her separation from service on the Board of Directors.

Insider Trade Summary

Grant/Award: 2.935 shares

Grant/Award 2 txns

Insider Walmsley Emma N

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	2.935	$0.00	$0.00
holding	Common Stock	--	--	--

Holdings After Transaction: Restricted Stock Units — 1,262.609 contracts (Direct); Common Stock — 9,913.797 shares (Direct)

Footnotes (3)

1. F1. Each restricted stock unit represents a contingent right to receive one share of Microsoft common stock.
2. F2. 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. F3. 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.

Key Figures

Common stock holdings: 9,913.797 shares RSU grant: 2.935 units Total RSUs held: 1,262.609 units +1 more

4 metrics

Common stock holdings 9,913.797 shares Direct ownership after transactions

RSU grant 2.935 units New Restricted Stock Units awarded

Total RSUs held 1,262.609 units Direct RSU holdings after award

RSU conversion ratio 1 share per unit Each RSU equals one Microsoft common share

Key Terms

Restricted Stock Units, dividend equivalent rights, contingent right, separation from service

4 terms

Restricted Stock Units financial

"The restricted stock units are fully vested."

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"

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"

separation from service financial

"on the 5th anniversary after the date of the reporting person's separation from service"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Microsoft (MSFT) director Emma Walmsley report?

Emma Walmsley reported a small equity award in the form of 2.935 Restricted Stock Units. These RSUs are compensation, not an open-market stock purchase or sale, and each unit represents a contingent right to receive one Microsoft common share.

How many Microsoft (MSFT) shares does Emma Walmsley hold after this Form 4?

After the reported transactions, Emma Walmsley directly holds 9,913.797 shares of Microsoft common stock. She also holds 1,262.609 Restricted Stock Units, which represent additional contingent rights to receive Microsoft shares in the future, subject to settlement terms.

What are the terms of Emma Walmsley’s Microsoft (MSFT) Restricted Stock Units?

Each Restricted Stock Unit represents a contingent right to receive one Microsoft common share. The RSUs are fully vested, and dividend equivalent rights accrue when dividends are paid, becoming exercisable proportionately with the related RSUs over time.

When will Emma Walmsley receive Microsoft (MSFT) shares from these RSUs?

Delivery of shares underlying Emma Walmsley’s Restricted Stock Units will occur on the fifth anniversary after her separation from service on Microsoft’s Board. This means no shares are delivered immediately, despite the RSUs already being fully vested.

Do Emma Walmsley’s Microsoft (MSFT) RSUs earn dividends before share delivery?

Dividend equivalent rights accrue on her RSUs when and as dividends are paid on Microsoft common stock. These dividend equivalents become exercisable proportionately with the related RSUs, effectively mirroring dividend benefits before actual share delivery.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/12/2026 - 06:07 PM EDT Learn about SEC filing dates

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 WASHINGTON 98052-6399

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/11/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)	06/11/2026		A		2.935(2)		(3)	(3)	Common Stock	2.935	$0	1,262.609	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	06/12/2026
	** 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.
* Form 4: SEC 1474 (03-26)