Microsoft Corp. Chief Commercial Officer Judson Althoff took advantage of the company’s strong surge on the year by cashing out more than $9 million of his stock holdings.
The shares Althoff sold were acquired through restricted stock vestings in August 2021, said Ben Silverman, the research director at VerityData, which tracks insider buying and selling data. Althoff’s Microsoft holdings fell by about 20% after the sale, he noted in emailed comments, “but that figure excludes potential earn outs of performance-based stock awards, which could be significant over the next several years.”
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