Hoffman Reid 4

What Happened Reid Hoffman, a member of Microsoft’s Board of Directors, was granted 37.726 restricted stock units (RSUs) on 2026-03-12. The Form 4 reports this as an award/acquisition (code A) of 37.726 units at $0.00 (derivative instrument), so no cash purchase price is reported. Each unit represents a contingent right to one share of Microsoft common stock.

Key Details

• Transaction date: 2026-03-12; Form 4 filed: 2026-03-13 (timely).
• Transaction: Award/Grant (code A) of 37.726 restricted stock units at $0.00 (derivative).
• Shares owned after transaction: not specified in this filing.
• Footnotes: F1 — each RSU converts to one share; F2 — dividend equivalent rights accrue and vest with the RSUs; F3 — RSUs are fully vested but actual share delivery will occur on the first anniversary after Hoffman’s separation from the Board.
• No indication of a 10b5-1 plan, sale, or tax-withholding sale in this filing.

Context RSU awards to directors are common as compensation and do not directly indicate a buy or sell decision in the open market. These RSUs are derivative awards that are fully vested but subject to delayed delivery tied to Hoffman’s separation-from-service timing, per the footnotes.