Microsoft CEO Sells $36 Million in Stock; Starts Trading Plan
Microsoft Corp. Chief Executive Officer Satya Nadella has sold 328,000 shares valued at $35.9 million for financial planning reasons and is beginning a regularly scheduled trading plan for some of the equity awards he received. The sale reported in a filing Friday is the second time Nadella has sold Microsoft stock since becoming CEO in 2014. “The stock divestitures made today were for personal financial planning and diversification reasons,” Microsoft said in a statement.
Source:: https://finance.yahoo.com/news/microsoft-ceo-sells-36-million-221524585.html