Teri List (NASDAQ: MSFT) receives new restricted stock unit award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
List Teri reported acquisition or exercise transactions in this Form 4 filing.
Microsoft director Teri List reported an equity award and current holdings. She received a grant of 53.667 restricted stock units, each representing a contingent right to receive one share of Microsoft common stock, increasing her restricted stock unit balance to 23,074.515 units.
The restricted stock units are fully vested, and the underlying shares will be delivered 30 days after her separation from service on the Board of Directors. She also reported ownership of 149 shares of common stock held directly and 2,947 shares of common stock held indirectly through a trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
List Teri
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 53.667 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 23,074.515 shares (Direct, null);
Common Stock — 149 shares (Direct, null);
Common Stock — 2,947 shares (Indirect, By 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 30 days after the date of the reporting person's separation from service to the Board of Directors.
Key Figures
RSUs granted: 53.667 units
Total RSUs after grant: 23,074.515 units
Direct common shares: 149 shares
+2 more
5 metrics
RSUs granted
53.667 units
Restricted stock units granted on 2026-06-11
Total RSUs after grant
23,074.515 units
Restricted stock units balance following transaction
Direct common shares
149 shares
Common stock held directly after reported transactions
Indirect common shares (trust)
2,947 shares
Common stock held indirectly by trust after reported transactions
RSU price per unit
$0.0000 per unit
Transaction price per restricted stock unit
Key Terms
restricted stock unit, dividend equivalent rights, separation from service, indirect ownership
4 terms
restricted stock unit financial
"Each restricted stock unit represents a contingent right to receive one share of Microsoft common stock."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
dividend equivalent rights financial
"Dividend equivalent rights accrue when and as dividends are paid on the Company's common stock and become exercisable proportionately"
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.
separation from service financial
"Delivery of the shares to the reporting person will be made 30 days after the date of the reporting person's separation from service to the Board of Directors."
indirect ownership financial
"total_shares_following_transaction: 2947.0000, direct_or_indirect: I, nature_of_ownership: By Trust"
FAQ
What did Microsoft (MSFT) director Teri List report in this Form 4?
Teri List reported an equity award and updated holdings. She disclosed a grant of restricted stock units tied to Microsoft common stock, plus her direct and indirect share ownership positions, giving investors clearer visibility into her current Microsoft equity stake.
How many restricted stock units did Teri List receive from Microsoft (MSFT)?
She received 53.667 restricted stock units. Each unit represents a contingent right to receive one share of Microsoft common stock, increasing her total restricted stock unit balance to 23,074.515 units as of the transaction date disclosed.
How do dividend equivalent rights work on Teri List’s Microsoft (MSFT) restricted stock units?
Dividend equivalent rights accrue as Microsoft pays dividends on its common stock. These rights become exercisable proportionately with the related restricted stock units, aligning the award’s economic value with the company’s dividend payments over time.