Microsoft (MSFT) Director Teri List Receives RSU Award

What Happened Teri List, a member of Microsoft’s Board of Directors, was awarded 42.639 restricted stock units (RSUs) on 2026-09-10 (transaction code A). The Form 4 reports an acquisition price of $0.00 (derivative award). The filing notes the RSUs are fully vested; shares will be delivered 30 days after the reporting person's separation from Board service. Dividend equivalent rights accrue with the RSUs.

Key Details

• Transaction date: 2026-09-10; Form 4 filed 2026-09-11 (appears timely).
• Award: 42.639 RSUs; reported acquisition price $0.00; transaction code A (award/grant).
• Shares owned after transaction: not specified in the provided filing.
• Footnotes: F1 — each RSU converts to one share of MSFT common stock; F2 — dividend equivalents accrue and vest with the RSUs; F3 — RSUs are fully vested but delivery is deferred until 30 days after separation from Board service.
• This is a derivative award, not a purchase or sale (no proceeds reported).

Context RSU awards to directors are typically part of routine compensation. Because these RSUs are fully vested but delivery is deferred until after separation, this filing documents entitlement rather than an immediate share transfer or sale. As always, awards to directors are informative about compensation but do not by themselves indicate a buy/sell signal.