Microsoft CEO Satya Nadella Sells Half His Stake in the Company
Posted on 11/30/2021
Are U.S. tech stocks at the top? Jack Dorsey exited as CEO of Twitter. Microsoft Corporation (ticker: MSFT) Chief Executive Officer Satya Nadella sold about half of his shares in the software company last week, according to a U.S. securities filing. This is the single-largest stock sale for Nadella. In the filing last week with the U.S. Securities and Exchange Commission SEC, Nadella sold 838,584 shares over two days (November 22 and 23, 2021), down from close to 1.7 million shares. The transaction yielded more than US$ 285 million for Nadella. He has about 831,000 Microsoft shares left. Nadella is required to hold stock worth 15 times his base salary.
