In a recent move, Microsoft Corp (NASDAQ:) CEO Satya Nadella sold a significant amount of the company’s stock. The transactions, which took place on August 23, 2024, involved the sale of 7,199 shares at an average price of $417,412, for a total value of approximately $6,009,897. The sale was executed in multiple transactions with prices ranging from $416,860 to $417,045. The reported price represents the weighted average purchase price, as detailed in the footnotes of the document. Nadella, who serves as CEO, conducted these sales through indirect ownership of GST, the report states. Additionally, Nadella disclosed that he does not have beneficial ownership of these securities, stating that this report should not be considered an admission of beneficial ownership for purposes of Section 16 or any other context. As a result of these transactions, the report indicates that Nadella now directly owns 786,932,685 shares of Microsoft. This recent stock sale by Nadella is part of the regular financial disclosures that executives at publicly traded companies are required to make. Investors and the broader market often monitor these filings for insights into executive confidence and the health of the company. Stock transactions by high-level executives like Nadella may be a routine part of personal financial management, but they are still closely watched for any signals they may provide. For additional details on the specific transactions and the prices at which the transactions were made, the filing indicates that complete disclosures can be provided upon request to SEC staff, the issuer, or a shareholder of the issuer.
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