Business

Microsoft CEO Satya Nadella sold $35.9 million worth of his shares in the company

Microsoft CEO Satya Nadella sold $35.9 million worth of his shares in the company — his biggest stock sale yet (MSFT)

SatyaNadella2016AP

Microsoft CEO Satya Nadella sold $35.9 million worth of stock, according to regulatory filings.
It’s his largest stock sale since he took over in 2014. In 2016, Nadella sold $8.3 million worth of stock.
The sale represented about 30% of his common Microsoft stock. Plus, he still holds 2.2 million of different types of shares in the company.

Microsoft CEO Satya Nadella sold $35.9 million worth of his shares in the company, according to a filing with the SEC on Friday.

The filing shows that Nadella sold 328,000 shares, accounting for about a third of his common stock in the company. After the sale, he still owns 778,596 common shares in Microsoft — plus another 2.2 million or so of different types of shares in the company. 

Read more: feedproxy.google.com

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