Johnston Hugh F 4

What Happened

• Hugh F. Johnston, a Microsoft director, received a grant of 4.975 restricted stock units (RSUs) on 2026-06-11. The award is reported as an acquisition (derivative) at $0.00 per unit (total reported value $0).
• This was an equity award (not an open-market purchase or sale). The filing indicates these RSUs are fully vested but represent contingent rights to receive shares.

Key Details

• Transaction date: 2026-06-11; filing date: 2026-06-12 (filed the next day).
• Transaction type: A = Award/Grant (derivative); price reported = $0.00.
• Number of units: 4.975 RSUs (each RSU equals one share upon settlement).
• Shares owned after transaction: not specified in the provided filing.
• Notable footnotes:
  • F1: Reporting person disclaims beneficial ownership of these securities.
  • F2: Each RSU represents a contingent right to one share.
  • F3: Dividend equivalents accrue with dividends and vest proportionately with the RSUs.
  • F4: RSUs are fully vested; actual delivery of shares will be made in five equal annual installments beginning 30 days after the reporting person’s separation from Board service.

Context

• RSU grants are common compensation for directors and are not the same as a purchase (they don’t necessarily signal personal buying interest). Because these RSUs are already vested but subject to post-separation delivery, the award primarily documents compensation and future share settlement terms rather than an immediate change in holdings.