Jolla Alice L. 4

What Happened
Alice L. Jolla, Chief Accounting Officer of Microsoft, had 412.578 shares disposed on 2026-06-01 at $450.24 per share, totaling approximately $185,759. The Form 4 lists the transaction code F, indicating the shares were surrendered or sold to satisfy tax withholding or payment obligations associated with a prior award or option event.

Key Details

• Transaction date: 2026-06-01
• Price per share: $450.24; Shares disposed: 412.578; Total value: ~$185,759
• Transaction code: F — payment of exercise price or tax liability (share withholding/sale to cover taxes)
• Shares owned after transaction: not specified in the provided filing
• Filing date/accession: Form filed 2026-06-01 (appears timely; no late filing indicated)

Context
This was a tax-withholding/settlement action related to an equity award or option exercise rather than an open-market sale driven by diversification or market timing. Such withholding/surrender of shares to cover taxes is routine for executives and does not, by itself, imply a change in insider sentiment.