Microsoft (MSFT) Director Hugh Johnston Receives RSU Award
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Microsoft (MSFT) Director Hugh Johnston Receives RSU Award
What Happened Hugh F. Johnston, a member of Microsoft's Board of Directors, was awarded 210.126 restricted stock units (RSUs) reported on September 5, 2026. The Form 4 shows the award as 210.126 units at $0.00 (derivative grant), so no cash was paid in connection with the grant. The filing notes the RSUs are fully vested, but actual share delivery is deferred and tied to the reporting person's separation from service.
Key Details
- Transaction date: 2026-09-05; Form 4 filed: 2026-09-08.
- Amount and price: 210.126 RSUs at $0.00 per unit (transaction code A — award/grant).
- Shares owned after transaction: not specified in the Form 4.
- Footnotes of note:
- F2: Each RSU represents a contingent right to receive one share of Microsoft common stock.
- F3: The RSUs are fully vested; delivery will occur in five equal annual installments beginning 30 days after the reporting person's separation from Board service.
- F1: The reporting person disclaims beneficial ownership of these securities (the report does not assert beneficial ownership for Section 16 purposes).
Context RSUs are a form of compensation (a derivative award) rather than an open‑market purchase or sale. Although these RSUs are fully vested, the filing indicates settlement is deferred and contingent on separation-from-service timing; such awards do not by themselves indicate an insider buying or selling opinion about the stock.