Brad Smith Vests 27,688 Microsoft Shares Amid Tax Liability

Microsoft Vice Chair and President Bradford L. Smith has reported vesting of 27,688 shares of common stock, according to a recent Form 4 filing with the SEC.

The shares were earned under a performance stock award granted in September 2023 for a three-year period ending June 30, 2026. The full vesting of this award represents Smith's compensation package for meeting or exceeding specific performance targets during this time frame.

In addition to the vested shares, Smith also reported delivering or withholding 17,036.099 shares at $513.53 per share for payment of exercise price or tax liability. This transaction is related to his participation in the Microsoft Employee Stock Purchase Plan, under which he acquired additional shares on March 31 and June 30, 2026.

Following this transaction, Smith's total holdings in Microsoft common stock now stand at 458,716.2944 shares.