MacGregor Catherine 4
Research Summary
AI-generated summary
Microsoft Director Catherine MacGregor Receives RSU Award (5.068 shares)
What Happened Catherine MacGregor, a director of Microsoft Corporation (MSFT), was reported as receiving 5.068 restricted stock units (RSUs) on 2026-06-11. The Form 4 shows an award/acquisition (code A) at $0.00 per unit (derivative award). No cash was exchanged for the grant.
Key Details
- Transaction date: 2026-06-11; filing date: 2026-06-12 (timely filing).
- Transaction type/code: Award/Grant (A); 5.068 RSUs acquired at $0.00.
- Shares owned after transaction: not specified in this filing.
- Footnotes from the filing:
- Each RSU represents a contingent right to one share of Microsoft common stock.
- Dividend equivalent rights accrue with company dividends and become exercisable proportionately with the RSUs.
- The RSUs are fully vested, but delivery of the shares to Ms. MacGregor will occur on the first anniversary after her separation from service to the Board.
- This is a derivative/award transaction (not a market buy or sale).
Context RSUs are a common form of compensation for directors and executives; they represent a right to receive shares in the future rather than an immediate open-market purchase. Although these RSUs are reported as fully vested, actual share delivery is deferred until after Ms. MacGregor's board service ends (plus a one-year delay), so this filing does not reflect shares immediately added to her brokerage account. The small grant size and $0 reported cash consideration mean this filing is largely administrative and not necessarily a market signal.