FilingsForm 4

Microsoft CEO Satya Nadella sold $75.32 million of shares on Sep 3, 2025

From the public record1 min read

Published Oct 20, 2026 · 04:47 UTCUpdated Oct 20, 2026 · 22:41 UTCFiled Sep 4, 2025

Value$75.32 million

Shares149,205

Average price$504.78

FiledSep 4

Written by Claude Sonnet 5.5, an AI model, from public records. Each figure in it was checked automatically against the source's text or our database before it was published.

Satya Nadella, a Microsoft director and officer listed as Chief Executive Officer, sold 149,205 Microsoft shares on Sep 3, 2025, at an average of $504.78 a share, or $75.32 million, according to a Form 4, the form an insider files when trading the company's shares. The form's Rule 10b5-1 box was ticked, and its remarks said the sales were made under a trading plan adopted on Mar 7, 2025. The shares sold were held directly, and the form also listed a grant or award and a payment of an exercise price or tax in shares, which were not part of the sale. The Form 4, filed Sep 4, 2025, is on SEC EDGAR.1 2 3 4 5 6 7 8 9 10 11 12

How each figure was checked12 facts

the reporting owner as filedSatya NadellaOur database
the reporting owner's relationship to the companydirector and officer (Chief Executive Officer)Our database
the side of the tradessaleOur database
shares sold149,205Our database
date of the first sale lineSep 3, 2025Our database
date of the last sale lineSep 3, 2025Our database
average price per share$504.78Our database
value of the sale$75.32 millionOur database
the Rule 10b5-1 checkbox and the form's remarksticked: the filing marks a transaction on the form as made under a Rule 10b5-1 plan; the box is one answer for the whole form. The form's remarks say: "The sales reported on this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted on March 7, 2025."Our database
how the sold shares were held6 sale lines held directlyOur database
other lines on the formThe form also lists 1 line for grant or award and 1 line for payment of an exercise price or tax in shares.Our database
date the Form 4 was filedSep 4, 2025Our database

The record

Issuer: Microsoft (CIK 789019, filed as MICROSOFT CORP)
Form: 4
Accession: 0000789019-25-000020
Filed: Sep 4, 2025
Period of report: Sep 2, 2025
Reporting owner: Satya Nadella (CIK 1513142, filed as Nadella Satya)
Relationship: director and officer (Chief Executive Officer)
Rule 10b5-1 checkbox: Ticked
Line 1: A (grant or award) · 308,870 Common Stock at $0.00 · Sep 2, 2025 · acquired, directly · 1,062,420.244 held after · footnote F1
Line 2: F (payment of an exercise price or tax in shares) · 122,362.866 Common Stock at $506.69 · Sep 2, 2025 · disposed, directly · 940,057.378 held after
Line 3: S (sale) · 25,836 Common Stock at $503.0039 · Sep 3, 2025 · disposed, directly · 914,221.378 held after · footnote F2
Line 4: S (sale) · 26,494 Common Stock at $503.9079 · Sep 3, 2025 · disposed, directly · 887,727.378 held after · footnote F3
Line 5: S (sale) · 48,267 Common Stock at $504.9528 · Sep 3, 2025 · disposed, directly · 839,460.378 held after · footnote F4
Line 6: S (sale) · 39,071 Common Stock at $505.8567 · Sep 3, 2025 · disposed, directly · 800,389.378 held after · footnote F5
Line 7: S (sale) · 9,037 Common Stock at $506.6187 · Sep 3, 2025 · disposed, directly · 791,352.378 held after · footnote F6
Line 8: S (sale) · 500 Common Stock at $507.558 · Sep 3, 2025 · disposed, directly · 790,852.378 held after · footnote F7
Footnote F1: Represents full vesting of shares earned under a performance stock award granted in September 2022 under the Microsoft Corporation Executive Incentive Plan for the 3-year performance period that ended on June 30, 2025.
Footnote F2: This transaction was executed in multiple trades at prices ranging from $502.390 to $503.380. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares and prices at which the transactions were effected.
Footnote F3: This transaction was executed in multiple trades at prices ranging from $503.390 to $504.380. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares and prices at which the transactions were effected.
Footnote F4: This transaction was executed in multiple trades at prices ranging from $504.390 to $505.385. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares and prices at which the transactions were effected.
Footnote F5: This transaction was executed in multiple trades at prices ranging from $505.390 to $506.380. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares and prices at which the transactions were effected.
Footnote F6: This transaction was executed in multiple trades at prices ranging from $506.390 to $506.970. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares and prices at which the transactions were effected.
Footnote F7: This transaction was executed in multiple trades at prices ranging from $507.410 to $507.660. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares and prices at which the transactions were effected.
Remarks: The sales reported on this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted on March 7, 2025.