4Filed Sep 10, 8:00 PM ET
Microsoft (MSFT) Director John D. Rainey Receives RSU Award
$MSFT · MICROSOFT CORPResearch Summary
AI-generated summary of this SEC filing
Microsoft (MSFT) Director John D. Rainey Receives RSU Award
What Happened
- John D. Rainey, a director of Microsoft Corporation, was granted 0.778 restricted stock units (RSUs) on 2026-09-10. The Form 4 reports this as a derivative award (code A) with an acquisition price of $0.00 (no cash paid).
Key Details
- Transaction date: 2026-09-10; Form 4 filed 2026-09-11.
- Grant: 0.778 RSUs @ $0.00 (reported value $0 for acquisition).
- Nature of award: Each RSU is a contingent right to one share of Microsoft common stock (Footnote F1).
- Dividend equivalents: Dividend equivalent rights accrue and vest proportionately with the RSUs (Footnote F2).
- Vesting/delivery: The RSUs are fully vested; actual delivery of shares to Mr. Rainey will occur 30 days after his separation from Board service (Footnote F3).
- Shares owned after transaction: Not specified in the provided filing.
Context
- This is an award of RSUs (a deferred equity grant), not an open‑market purchase or sale. RSU awards are common compensation for directors and do not by themselves indicate a buy/sell sentiment.
- Because the RSUs are fully vested but delivery is delayed until after separation from the Board, Mr. Rainey will receive actual shares only upon that future separation event.