Microsoft Director Hoffman Awarded 31,692 RSUs with Deferred Delivery
Reid Hoffman, a Microsoft director, has been granted 31.692 restricted stock units (RSUs) by the company. The award was made on September 10, 2026, and is fully vested. However, delivery of the shares will be deferred until one year after Hoffman's separation from service on the Board.
The RSUs represent a contingent right to receive one share of Microsoft common stock each. Dividend equivalent rights also accrue when and as dividends are paid on the company's common stock, becoming exercisable proportionately with the related restricted stock units.
Hoffman currently holds 17,182.471 restricted stock units directly and 15,905 common shares indirectly through a living trust.