MacGregor Catherine 4

What Happened

• Catherine MacGregor, a member of Microsoft’s Board of Directors, was issued 245.998 restricted stock units (RSUs) on June 5, 2026. The transaction is recorded as an award/grant (derivative) at $0.00 per unit — no cash was exchanged.
• These RSUs are fully vested per the filing, but actual delivery of shares to MacGregor will occur on the first anniversary after her separation from Board service.

Key Details

• Transaction date: 2026-06-05; Filing date: 2026-06-09.
• Grant amount: 245.998 RSUs (effectively 246 units) at $0.00 per unit (derivative award).
• Shares owned after transaction: not specified in this filing.
• Footnotes: F1 — each RSU represents a contingent right to receive one Microsoft common share; F2 — RSUs are fully vested but shares will be delivered on the 1st anniversary after the reporting person’s separation from Board service.
• Transaction type code: A (award/grant). No sale or cash purchase occurred.

Context

• This is a grant of restricted stock units (a common form of director compensation). Because the RSUs were granted at $0 and are not immediately delivered, this is not a cash purchase or sale and does not itself signal a buy/sell market action.
• Delivery timing (post-separation, one-year delay) is a contractual payout condition and should be considered when assessing immediate insider conviction.