Microsoft (MSFT) Director John D. Rainey Receives RSU Award

What Happened

John D. Rainey, a director of Microsoft Corporation, was reported as receiving 125.075 restricted stock units (RSUs) on 2026-09-05. The Form 4 records the award as an acquisition (code A) with a reported price of $0.00 (derivative award). The filing indicates these RSUs are fully vested but shares will be delivered 30 days after the reporting person's separation from service to the Board of Directors.

Key Details

• Transaction date: 2026-09-05. Form 4 filed: 2026-09-08.
• Transaction type: Award/Grant (Form 4 code A) — 125.075 RSUs @ $0.00 reported.
• Shares owned after transaction: Not specified on the Form 4.
• Footnotes: F1 — each RSU represents a contingent right to one share; F2 — RSUs are fully vested, but delivery is deferred until 30 days after separation from Board service.
• Timeliness: Filing lists transaction date and filing date; the Form 4 does not itself note a delinquency.

Context

RSUs are a form of deferred compensation/derivative award that convert into actual shares when delivered. Because these RSUs are reported as fully vested but delivery is delayed until after board departure, the reporting person currently holds the right to receive shares rather than immediately owning market-tradable stock. Awards like this are common for directors and are not the same signal as an open-market purchase or sale.