Penny Pritzker's Latest MSFT RSU Grant: A $0 Value with Dividend Equivalent Rights

Microsoft director Penny S. Pritzker has received a grant of 26.838 fully vested Restricted Stock Units (RSUs) on September 10, 2026. Each RSU represents one share of Microsoft common stock and is subject to the terms described in the filing.

The RSUs are fully vested but will be delivered to Pritzker 30 days after her separation from service as a director of Microsoft's Board of Directors. This means that she will not receive the underlying shares until after she leaves the board, even if they become valuable assets.

Pritzker currently holds 14,550.424 direct RSUs and has indirect ownership of 12,000 shares of common stock through a trust. Dividend equivalent rights also accrue proportionately with these RSUs when dividends are paid on Microsoft's common stock.