Microsoft (MSFT) CEO Satya Nadella Sells 86,525 Shares

What Happened Satya Nadella, CEO of Microsoft, sold a total of 86,525 shares in open-market transactions on September 1, 2026, generating approximately $43,388,533 in proceeds. The sales were executed in multiple lots with reported weighted-average prices per lot ranging from $498.24 to $505.20 (individual trade price ranges reported between about $497.69 and $505.76 across the lots). These were outright sales (not purchases), typically viewed as routine insider selling rather than a bullish signal.

Key Details

• Transaction date: September 1, 2026; Form 4 filed September 2, 2026 (one day after the trades).
• Lots sold (count, avg. price, proceeds):
  • 1,040 @ $498.24 = $518,169
  • 5,080 @ $499.45 = $2,537,182
  • 24,723 @ $500.47 = $12,373,065
  • 32,901 @ $501.12 = $16,487,458
  • 4,520 @ $502.29 = $2,270,355
  • 7,067 @ $503.44 = $3,557,791
  • 9,834 @ $504.11 = $4,957,441
  • 1,360 @ $505.20 = $687,072
• Total shares sold: 86,525; total proceeds: ~$43.39M.
• Footnotes: each lot was executed in multiple trades; reported prices are weighted averages for those trades (full per-trade breakdown available on request to SEC/issuer/holders).
• Plan/authorization: Sales were made pursuant to a Rule 10b5-1 trading plan adopted March 8, 2026.
• Shares owned after transaction: not specified in the provided filing details.

Context

• Sales under an established 10b5-1 plan are pre-scheduled and generally considered routine; they do not necessarily reflect the insider’s current view of the company.
• No options exercise, gift, or tax-withholding event is indicated in the provided data—these were open-market disposals.
• For full details (including post-transaction holdings and exact per-trade prices), consult the Filed Form 4 (Accession 0000789019-26-000161) on the SEC EDGAR site.