List Teri 4

What Happened

• Teri List, a director of Microsoft Corp. (MSFT), received an award of 52.01 restricted stock units (RSUs) on 2026-03-12. The filing reports the units at $0.00 per unit because this is a derivative award (code A — grant/award), not a cash purchase or sale.
• Each RSU represents a contingent right to one share of Microsoft common stock and carries dividend equivalent rights that vest proportionately with the RSUs. The filing notes these RSUs are fully vested; actual delivery of shares will occur 30 days after the reporting person’s separation from Board service.

Key Details

• Transaction date: 2026-03-12; Type: Award of 52.01 RSUs; Reported price: $0.00 (derivative).
• Shares owned after transaction: not specified in the provided filing details.
• Footnotes: F1—each RSU = right to one share; F2—dividend equivalent rights accrue and vest with the RSUs; F3—RSUs are fully vested and shares will be delivered 30 days after separation from Board service.
• Timeliness: Report filed 2026-03-13 for a 2026-03-12 transaction (appears timely).

Context

• RSU grants to directors are a common form of compensation and are not the same as an open-market purchase or sale; they do not by themselves signal buying or selling intent. Because these are derivative awards that convert to shares upon vesting/delivery, they differ from immediate cash transactions or stock sales.