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Insider Trading Arrangements | 3 Months Ended
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Mar. 31, 2025
Trading Arrangements, by Individual |
Material Terms of Trading Arrangement | Insider Trading Arrangements Our Section 16 officers and directors, as defined in Rule 16a-1(f) of the Securities Exchange Act of 1934 (the “Exchange Act”), may from time to time enter into plans for the purchase or sale of our common stock that are intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) of the Exchange Act. During the quarter ended March 31, 2025, the following Section 16 officers and directors adopted, modified, or terminated “Rule 10b5-1 trading arrangements” (as defined in Item 408 of Regulation S-K of the Exchange Act): • Satya Nadella, our Chief Executive Officer and Chairman of the Board of Directors, adopted a new written 10b5-1 trading plan on March 7, 2025, during an open trading window. The plan’s maximum duration is until September 5, 2025. The first trade will not occur until September 2, 2025, at the earliest. Under the trading plan, Mr. Nadella will sell 80% of the net vested shares of our common stock upon the August 31, 2025 vest of a Performance Stock Award. The actual number of shares sold under the trading plan will depend upon achievement of previously disclosed performance metrics and a relative total shareholder return modifier applicable to the Performance Stock Award. No other officers or directors, as defined in Rule 16a-1(f), adopted, modified, or terminated a “Rule 10b5-1 trading arrangement” or a “non-Rule 10b5-1 trading arrangement,” as defined in Item 408 of Regulation S-K, during the three months ended March 31, 2025.
Satya Nadella [Member] |
Trading Arrangements, by Individual |
Name | Satya Nadella
Title | Chief Executive Officer and Chairman of the Board of Directors
Rule 10b5-1 Arrangement Adopted | true
Adoption Date | March 7, 2025
Expiration Date | September 5, 2025
Arrangement Duration | 182 days
Other Officers or Directors [Member] |
Trading Arrangements, by Individual |
Title | officers or directors
Rule 10b5-1 Arrangement Adopted | false
Non-Rule 10b5-1 Arrangement Adopted | false
Rule 10b5-1 Arrangement Terminated | false
Non-Rule 10b5-1 Arrangement Terminated | false
Non-Rule 10b5-1 Arrangement Modified | false
Rule 10b5-1 Arrangement Modified | false

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