Johnston Hugh F 4

What Happened Hugh F. Johnston, a director of Microsoft Corp. (MSFT), was granted 4.253 restricted stock units (RSUs) on 2026-03-12. The award is reported as 4.253 shares at $0.00 (total reported value $0) and is classified as a derivative award (transaction code A). The filing notes the reporting person disclaims beneficial ownership of these securities.

Key Details

• Transaction date: 2026-03-12; Grant type: Award/Grant (A); Amount: 4.253 RSUs; Price: $0.00; Reported value: $0 (derivative).
• RSU definition: Each restricted stock unit represents a contingent right to receive one share of Microsoft common stock.
• Dividend equivalents: Dividend equivalent rights accrue with dividends and become exercisable proportionately with the related RSUs.
• Vesting/delivery: The RSUs are fully vested. Delivery will occur in five equal annual installments beginning 30 days after the reporting person's separation from service to the Board of Directors.
• Beneficial ownership: The reporting person disclaims beneficial ownership of these securities per the filing.
• Filing timeliness: Report filed 2026-03-13 for a 2026-03-12 transaction (filed the next day; appears timely under Section 16 reporting requirements).

Context This was a compensatory RSU award (not a market purchase or sale). Because the RSUs are granted at $0.00 and are derivative awards, the transaction reflects compensation terms and future share delivery timing rather than an open-market investment decision. Retail investors should view this as director compensation information rather than a direct buy/sell signal.