Earnings Feed
Start Free
MICROSOFT CORP·4

Mar 13, 6:03 PM ET

PRITZKER PENNY S 4

Research Summary

AI-generated summary

Updated

Microsoft Director Penny Pritzker Receives Restricted Stock Award

What Happened

  • Penny S. Pritzker, a director of Microsoft Corp. (MSFT), was awarded 31.743 restricted stock units (RSUs) on 2026-03-12. The Form 4 reports the acquisition as a derivative award (code A) at $0.00 per unit. The RSUs are fully vested.

Key Details

  • Transaction date: 2026-03-12; Form 4 filed: 2026-03-13 (timely filing).
  • Reported acquisition: 31.743 RSUs at $0.00 (derivative award).
  • Shares owned after transaction: not reported on the provided filing.
  • Footnotes:
    • F1: Each RSU represents a contingent right to one share of Microsoft common stock.
    • F2: Dividend equivalent rights accrue with company dividends and vest proportionally with the RSUs.
    • F3: The RSUs are fully vested, but actual delivery of shares to Ms. Pritzker will occur 30 days after her separation from the Board of Directors.
  • Transaction code: A (award/grant). No sale, purchase, or option exercise reported.

Context

  • RSU grants are a common form of director compensation and are recorded as derivative awards on Form 4. Because these RSUs are fully vested but subject to delivery timing tied to separation from service, the award does not represent an immediate market purchase or sale. The economic value will depend on Microsoft’s stock price at settlement.