Rainey John D 4
Research Summary
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Microsoft Director John D. Rainey Receives Restricted Stock Award
What Happened John D. Rainey, a director of Microsoft Corporation (MSFT), was granted 0.688 restricted stock units (RSUs) on 2026-06-11. The Form 4 reports the award as a derivative acquisition (code A) at $0.00 — no cash was paid. The filing notes the RSUs are fully vested, but actual share delivery will occur 30 days after the reporting person's separation from service to the Board. Dividend equivalents accrue and become exercisable along with the RSUs.
Key Details
- Transaction date: 2026-06-11; Form 4 filed: 2026-06-12 (timely).
- Instrument: 0.688 restricted stock units (derivative), reported at $0.00 per unit.
- Shares owned after transaction: not disclosed in this filing.
- Footnotes: F1—each RSU converts to one common share; F2—dividend equivalent rights accrue and vest with the RSUs; F3—RSUs are fully vested but delivery is deferred to 30 days after separation from the Board.
- Filing timeliness: filed within the SEC’s 2-business-day window (not late).
Context This was an award/grant (compensation) of RSUs, not a market purchase or sale. Awards recorded at $0 on Form 4 indicate a grant of derivative rights (future shares) rather than a cash transaction. For retail investors, purchases by insiders can be more directly interpreted as bullish signals; director RSU grants are common compensation and primarily reflect pay, vesting, and timing terms rather than an immediate trading view.