The recent stock sale is part of the regular financial disclosures that executives of publicly-traded companies are required to make. Public disclosure of stock ownership is mandated by the SEC exclusively for company insiders and individuals holding over 5% of a company’s shares.
Post the sale, Nadella now owns 786,932.685 shares of Microsoft stock.
As per the report, Nadella declared that he does not have any beneficial ownership of these securities, stating that this report should not be considered an admission of beneficial ownership for the purposes of Section 16 or any other context.
While stock transactions by top executives like Nadella can be part of a routine financial management, these are closely watched by investors and the market at large for any potential signals they may provide.
Kareena Kapoor is working with Raazi director Meghna Gulzar for her next film. The project,…
2024-11-09 15:00:03 WEST LAFAYETTE -- Daniel Jacobsen's second game in Purdue basketball's starting lineup lasted…
2024-11-09 14:50:03 Rashida Jones is remembering her late father, famed music producer Quincy Jones, in…
2024-11-09 14:40:03 A silent German expressionist film about vampires accompanied by Radiohead’s music — what…
Let's face it - life can be downright stressful! With everything moving at breakneck speed,…
Apple’s redesigned Mac Mini M4 has ditched the previous M2 machine’s SSD that was soldered…