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Smith Bradford L's Form 4 filing

Microsoft Corp (MSFT) · filed Dec 12, 2025

Accession no.
0000789019-25-000120
Filed
Dec 12, 2025
Trade date
Apr 23-May 5, 2025
Filing delay
233 daysLate
Rule 10b5-1 plan
Not checked

This filing lists 3 non-derivative transactions. Open-market purchases total $1.45M. Open-market sales total $1.68M. It was filed 233 days after the trade, past the 2-business-day deadline.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Smith Bradford LCIK 0001193119Officer (Vice Chair and President)

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Apr 23, 2025Common StockPPurchaseAcquired+3,842$377.47F1+$1,450,239.74455,438.76Direct
Apr 30, 2025Common StockSSaleDisposed−30$390.57F2−$11,717.1455,408.76Direct
May 5, 2025Common StockSSaleDisposed−3,812$438.82F3−$1,672,781.84451,596.76Direct

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F1

This acquisition was broker initiated without the reporting person's direction, approval, or knowledge.

Referenced by the price of 1 transaction in Table I.

F2

This disposition was broker initiated without the reporting person's direction, approval, or knowledge.

Referenced by the price of 1 transaction in Table I.

F3

On May 5, 2025, the shares remaining from the April 23, 2025 acquisition, after the April 30, 2025 disposition, were rescinded through the broker's error account. This disposition was broker initiated without the reporting person's direction, approval, or knowledge. This transaction was executed in multiple trades at prices ranging from $438.8169 to $438.8201. The price reported above reflects the weighted average price. The reporting person hereby undertakes upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares and prices at which the transactions were effected.

Referenced by the price of 1 transaction in Table I.

Remarks

This Form 4 is being filed late due to the fact that the reported transactions only recently came to the attention of the reporting person and the issuer. On April 23, 2025, trading restrictions applicable to the reporting person's account were inadvertently removed by the reporting person's broker during an account update. As a result, the account manager purchased and later sold shares of the issuer on behalf of the reporting person without the reporting person's direction, approval, or knowledge. On May 5, 2025, the broker reversed the transactions through the broker's error account and issued the gain on the transactions to the reporting person's account, again without the reporting person's direction, approval, or knowledge. These transactions are matchable under Section 16(b) of the Securities Exchange Act of 1934, as amended. Promptly upon being made aware of these transactions, the reporting person paid the issuer the full amount of profit realized in connection with the short-swing transaction.

Read the full filing on SEC EDGAR (opens in a new tab)