Johnston Hugh F 4

What Happened Hugh F. Johnston, a director of Microsoft Corporation (MSFT), was granted 251.998 restricted stock units (RSUs) on 2026-06-05. The Form 4 reports the transaction as an acquisition (derivative) at $0.00 per unit — an award of contingent rights to receive shares rather than a cash purchase or sale.

Key Details

• Transaction date: 2026-06-05; Form 4 filed 2026-06-09 (filed within two business days of the transaction).
• Grant: 251.998 RSUs (reported as a derivative award, code A); price reported $0.00.
• Shares owned after transaction: not specified in the filing.
• Footnotes:
  • F1: Reporting person disclaims beneficial ownership of these securities.
  • F2: Each RSU represents a contingent right to receive one share of Microsoft common stock.
  • F3: The RSUs are fully vested, but delivery of shares will be made in five equal annual installments commencing 30 days after the reporting person's separation from service on the Board.
• This was an award/compensation event — not a market purchase or sale, and there is no immediate sale or cashless exercise reported.

Context RSUs are a common form of director compensation: they represent rights to receive company stock later rather than an immediate cash transaction. Although these RSUs are fully vested, actual share delivery is deferred and contingent on the director’s separation from service, so this filing does not indicate an immediate change in Johnston’s shareholdings or a direct market buy/sell signal.