Rainey John D 4

What Happened

• John D. Rainey, a director of Microsoft Corporation (MSFT), was granted 149.999 restricted stock units (RSUs) on 2026-06-05. The award is recorded at $0.00 (no cash paid) and is a derivative award representing the right to receive common stock.
• The RSUs are fully vested, but actual share delivery will occur 30 days after Rainey’s separation from service on the Board, per the filing footnotes.

Key Details

• Transaction date: 2026-06-05; Form 4 filed: 2026-06-09 (timely filing).
• Transaction type/code: A (Award/Grant); quantity: 149.999 RSUs; price reported: $0.00; reported as a derivative.
• Footnotes: F1 — each RSU equals a contingent right to one share; F2 — RSUs are fully vested and shares will be delivered 30 days after the reporting person’s separation from Board service.
• Shares owned after transaction: Not specified in this filing; delivery is deferred so Rainey does not receive shares immediately.

Context

• These RSUs are an award (not an open-market purchase or sale). Fully vested RSUs create an entitlement but, because delivery is deferred until after separation, they do not result in immediate stock ownership or a cash transaction.
• Such awards are common for directors and are administrative/compensation-related rather than direct trading signals; they should be interpreted accordingly.