Microsoft (MSFT) Director Hugh F. Johnston Receives RSU Award

What Happened Hugh F. Johnston, a member of Microsoft’s Board of Directors, received a grant of 4.341 restricted stock units (RSUs) on 2026-09-10. The Form 4 reports the acquisition as an award (transaction code A) at $0.00 per unit (derivative award). No cash changed hands; the filing shows a zero dollar purchase price because these are RSUs, not an open-market buy.

Key Details

• Transaction date: 2026-09-10; Form 4 filed 2026-09-11 (timely filing).
• Award: 4.341 restricted stock units at $0.00 (derivative award).
• Shares owned after the transaction: not specified in the filing.
• Footnotes of note:
  • F1: Reporting person disclaims beneficial ownership of these securities.
  • F2: Each RSU represents a contingent right to one share of Microsoft common stock.
  • F3: Dividend equivalent rights accrue with dividends and vest proportionately with the RSUs.
  • F4: The RSUs are fully vested; delivery of shares will occur in five equal annual installments beginning 30 days after the reporting person’s separation from the Board.
• Filing appears timely (no late filing indicated).

Context This is a routine RSU award to a director rather than an open‑market purchase or sale. Although the RSUs are fully vested, actual share delivery is deferred until after the director leaves the Board (spread over five years), so there is no immediate change in liquid ownership. The reporting person’s disclaimer indicates they do not claim beneficial ownership for Section 16 purposes.