Microsoft (MSFT) Chief Accounting Officer Alice L. Jolla Surrenders 424 Shares

What Happened

Alice L. Jolla, Chief Accounting Officer at Microsoft, had 424.204 shares disposed to satisfy tax obligations (transaction code F). The shares were valued at $392.74 each, for a total of $166,602. This was a tax-withholding disposition—shares were surrendered to cover taxes, not an active open-market sale expressing a change in investment view.

Key Details

• Transaction date: 2026-03-02; Filing date: 2026-03-03 (timely).
• Price per share: $392.74; Shares disposed: 424.204; Total value: $166,602 (reported).
• Transaction code: F — payment of exercise price or tax liability (shares withheld/surrendered).
• Shares owned after transaction: Not disclosed in this filing.
• No 10b5-1 plan or other special instructions noted in the filing.

Context

Code F transactions commonly occur when an insider exercises options or when restricted stock vests and the company withholds or surrenders a portion of shares to cover taxes. These are routine administrative actions and do not necessarily indicate the insider's view on the company's stock.