Microsoft insider activity
What the executives and directors of Microsoft actually did with their own shares, decoded from their SEC Form 4 filings. Each figure says the stretch of time it covers.
−$113M
net open-market flow, 12 m
1 open-market buy, 12 m
56%
of sale value on 10b5-1 plans, 12 m
215 days since an insider bought, whole record
The tape: three years of insider trades
Open-market buy
Discretionary sale
Planned sale (10b5-1)
Reported-price path
Routine
Every marker sits at the price reported on the Form 4. The line is the monthly median of all prices insiders reported, so the chart needs no market feed; the grey strip is the routine flow (grants, vestings, tax withholding and gifts) that a headline gets wrong by counting it as selling.
The 167 routine events on the chart, as a list
| Date | Insider | Shares |
|---|---|---|
| Sep 15, 2026 | SMITH BRADFORD L | 29K |
| Sep 15, 2026 | Hood Amy | 29K |
| Sep 15, 2026 | Jolla Alice L. | 123 |
| Sep 15, 2026 | Althoff Judson | 29K |
| Sep 15, 2026 | Numoto Takeshi | 12K |
| Sep 15, 2026 | Coleman Amy | 6,542 |
| Sep 9, 2026 | SMITH BRADFORD L | 14K |
| Sep 5, 2026 | STANTON JOHN W | 125 |
| Sep 5, 2026 | SCHARF CHARLES W | 125 |
| Sep 5, 2026 | List Teri | 125 |
| Aug 31, 2026 | SMITH BRADFORD L | 45K |
| Aug 31, 2026 | Nadella Satya | 249K |
| Aug 31, 2026 | Hood Amy | 50K |
| Aug 31, 2026 | Jolla Alice L. | 6,061 |
| Aug 31, 2026 | Althoff Judson | 48K |
| Aug 31, 2026 | Numoto Takeshi | 20K |
| Aug 31, 2026 | Coleman Amy | 836 |
| Aug 17, 2026 | Coleman Amy | 89 |
| Jul 15, 2026 | Coleman Amy | 32 |
| Jun 15, 2026 | Jolla Alice L. | 5,004 |
| Jun 15, 2026 | Coleman Amy | 36 |
| Jun 5, 2026 | STANTON JOHN W | 149 |
| Jun 5, 2026 | SCHARF CHARLES W | 149 |
| Jun 5, 2026 | List Teri | 149 |
| Jun 5, 2026 | Di Sibio Carmine | 15 |
| Jun 1, 2026 | Jolla Alice L. | 413 |
| Jun 1, 2026 | Coleman Amy | 434 |
| May 15, 2026 | Coleman Amy | 89 |
| Apr 15, 2026 | Coleman Amy | 1,364 |
| Mar 16, 2026 | Coleman Amy | 31 |
| Mar 2, 2026 | SMITH BRADFORD L | 3,590 |
| Mar 2, 2026 | Hood Amy | 4,790 |
| Mar 2, 2026 | Hogan Kathleen T | 978 |
| Mar 2, 2026 | Jolla Alice L. | 424 |
| Mar 2, 2026 | Althoff Judson | 3,401 |
| Mar 2, 2026 | Numoto Takeshi | 1,351 |
| Mar 2, 2026 | Coleman Amy | 639 |
| Feb 17, 2026 | Coleman Amy | 85 |
| Jan 30, 2026 | STANTON JOHN W | 145 |
| Jan 30, 2026 | SCHARF CHARLES W | 145 |
| Jan 30, 2026 | Mason Mark | 145 |
| Jan 30, 2026 | List Teri | 145 |
| Jan 15, 2026 | Coleman Amy | 33 |
| Dec 15, 2025 | Jolla Alice L. | 618 |
| Dec 15, 2025 | Coleman Amy | 335 |
| Dec 10, 2025 | Hogan Kathleen T | 150 |
| Dec 4, 2025 | STANTON JOHN W | 130 |
| Dec 4, 2025 | SCHARF CHARLES W | 130 |
| Dec 4, 2025 | Mason Mark | 130 |
| Dec 4, 2025 | List Teri | 130 |
| Dec 1, 2025 | Jolla Alice L. | 413 |
| Dec 1, 2025 | Coleman Amy | 462 |
| Nov 20, 2025 | Althoff Judson | 3,463 |
| Nov 17, 2025 | Coleman Amy | 89 |
| Nov 10, 2025 | Nadella Satya | 3,977 |
| Nov 6, 2025 | SMITH BRADFORD L | 10K |
| Oct 15, 2025 | Coleman Amy | 32 |
| Sep 15, 2025 | SMITH BRADFORD L | 26K |
| Sep 15, 2025 | Hood Amy | 26K |
| Sep 15, 2025 | Hogan Kathleen T | 6,513 |
Where the shares went, last 12 months
Every Form 4 movement decomposed: what flowed in (grants, vested equity, purchases) and what flowed out (tax withholding, plan sales, discretionary sales, gifts). Counted in shares, because grants carry no price.
The chart, in numbers
| Flow | Shares |
|---|---|
| From holdings | 15K |
| Granted | 398K |
| Bought on market | 5,000 |
| Withheld for tax | 153K |
| Planned sales (10b5-1) | 128K |
| Discretionary sales | 105K |
| Gifts | 32K |
Skin in the game
Directly held shares as reported after each trade, indexed to 100 at the start of the window, up to five years back. Direct holdings only: trust and family-entity positions are per-entity in the filings and do not sum honestly, so this chart refuses to guess. The steps are the trades.
The chart, in numbers
| Insider | Start of the window | Latest reported | Indexed, start = 100 |
|---|---|---|---|
| Nadella Satya | 1.7M | 487K | 29.2 |
| Hood Amy | 463K | 563K | 121.5 |
| SMITH BRADFORD L | 710K | 474K | 66.7 |
| Althoff Judson | 194K | 141K | 72.6 |
| Hogan Kathleen T | 184K | 138K | 75 |
Who holds what
the 14 largest holdings of 17| Insider | Role | Shares held | Buys 12 m | Sales 12 m | 12 m | Last trade |
|---|---|---|---|---|---|---|
| Nadella Satya Chief Executive Officer Last trade Sep 1, 2026 | CEO | 572K | – | $43M | net selling over the year: 0 months buying, 1 month selling | Sep 1, 2026 |
| Hood Amy EVP & Chief Financial Officer Last trade Sep 14, 2026 | CFO | 563K | – | $21M | net selling over the year: 0 months buying, 1 month selling | Sep 14, 2026 |
| SMITH BRADFORD L Vice Chair and President Last trade Nov 3, 2025 | Officer | 474K | – | $20M | net selling over the year: 0 months buying, 1 month selling | Nov 3, 2025 |
| Althoff Judson EVP, Chief Commercial Officer Last trade Aug 5, 2026 | Officer | 141K | – | $18M | net selling over the year: 0 months buying, 3 months selling | Aug 5, 2026 |
| Hogan Kathleen T EVP, Strategy Last trade Mar 6, 2026 | Officer | 138K | – | $5.0M | net selling over the year: 0 months buying, 1 month selling | Mar 6, 2026 |
| Young Christopher David EVP, Business Development Last trade Nov 12, 2024 | Officer | 103K | – | – | Nov 12, 2024 | |
| STANTON JOHN W Last trade Feb 18, 2026 | Director | 88K | $2.0M | – | net buying over the year: 1 month buying, 0 months selling | Feb 18, 2026 |
| Jolla Alice L. Chief Accounting Officer | Officer | 81K | – | – | – | |
| Numoto Takeshi EVP, Chief Marketing Officer Last trade Aug 4, 2026 | Officer | 59K | – | $6.6M | net selling over the year: 0 months buying, 3 months selling | Aug 4, 2026 |
| Coleman Amy EVP, Chief Human Resources Off Last trade May 14, 2026 | Officer | 51K | – | $519K | net selling over the year: 0 months buying, 1 month selling | May 14, 2026 |
| SCHARF CHARLES W Last trade Jan 28, 2015 | Director | 45K | – | – | Jan 28, 2015 | |
| WARRIOR PADMASREE | Director | 14K | – | – | – | |
| Walmsley Emma N Last trade Jan 31, 2022 | Director | 9,958 | – | – | Jan 31, 2022 | |
| Johnston Hugh F | Director | 7,750 | – | – | – |
Open-market trade log
the 60 most recent of 3,828| Date | Insider | Type | Shares | Price | Value | Since trade | Filed |
|---|---|---|---|---|---|---|---|
| Sep 14, 2026 | Hood Amy (CFO) 3,942 shares $500.78 −0.1% since trade filed Sep 15, 2026 | Planned sale (10b5-1) | 3,942 | $500.78 | $2.0M | −0.1% | Sep 15, 2026 |
| Sep 14, 2026 | Hood Amy (CFO) 4,305 shares $498.88 +0.3% since trade filed Sep 15, 2026 | Planned sale (10b5-1) | 4,305 | $498.88 | $2.1M | +0.3% | Sep 15, 2026 |
| Sep 14, 2026 | Hood Amy (CFO) 4,339 shares $495.97 +0.9% since trade filed Sep 15, 2026 | Planned sale (10b5-1) | 4,339 | $495.97 | $2.2M | +0.9% | Sep 15, 2026 |
| Sep 14, 2026 | Hood Amy (CFO) 8,834 shares $500.11 +0.1% since trade filed Sep 15, 2026 | Planned sale (10b5-1) | 8,834 | $500.11 | $4.4M | +0.1% | Sep 15, 2026 |
| Sep 14, 2026 | Hood Amy (CFO) 9,821 shares $497.78 +0.5% since trade filed Sep 15, 2026 | Planned sale (10b5-1) | 9,821 | $497.78 | $4.9M | +0.5% | Sep 15, 2026 |
| Sep 14, 2026 | Hood Amy (CFO) 10K shares $496.91 +0.7% since trade filed Sep 15, 2026 | Planned sale (10b5-1) | 10K | $496.91 | $5.2M | +0.7% | Sep 15, 2026 |
| Sep 1, 2026 | Nadella Satya (CEO) 1,040 shares $498.24 +0.5% since trade filed Sep 2, 2026 | Planned sale (10b5-1) | 1,040 | $498.24 | $518K | +0.5% | Sep 2, 2026 |
| Sep 1, 2026 | Nadella Satya (CEO) 1,360 shares $505.20 −0.9% since trade filed Sep 2, 2026 | Planned sale (10b5-1) | 1,360 | $505.20 | $687K | −0.9% | Sep 2, 2026 |
| Sep 1, 2026 | Nadella Satya (CEO) 4,520 shares $502.29 −0.4% since trade filed Sep 2, 2026 | Planned sale (10b5-1) | 4,520 | $502.29 | $2.3M | −0.4% | Sep 2, 2026 |
| Sep 1, 2026 | Nadella Satya (CEO) 5,080 shares $499.45 +0.2% since trade filed Sep 2, 2026 | Planned sale (10b5-1) | 5,080 | $499.45 | $2.5M | +0.2% | Sep 2, 2026 |
| Sep 1, 2026 | Nadella Satya (CEO) 7,067 shares $503.44 −0.6% since trade filed Sep 2, 2026 | Planned sale (10b5-1) | 7,067 | $503.44 | $3.6M | −0.6% | Sep 2, 2026 |
| Sep 1, 2026 | Nadella Satya (CEO) 9,834 shares $504.11 −0.7% since trade filed Sep 2, 2026 | Planned sale (10b5-1) | 9,834 | $504.11 | $5.0M | −0.7% | Sep 2, 2026 |
| Sep 1, 2026 | Nadella Satya (CEO) 25K shares $500.47 +0.0% since trade filed Sep 2, 2026 | Planned sale (10b5-1) | 25K | $500.47 | $12M | +0.0% | Sep 2, 2026 |
| Sep 1, 2026 | Nadella Satya (CEO) 33K shares $501.12 −0.1% since trade filed Sep 2, 2026 | Planned sale (10b5-1) | 33K | $501.12 | $16M | −0.1% | Sep 2, 2026 |
| Aug 5, 2026 | Althoff Judson (CEO) 10K shares $487.89 +2.6% since trade filed Aug 6, 2026 | Discretionary sale | 10K | $487.89 | $4.9M | +2.6% | Aug 6, 2026 |
| Aug 4, 2026 | Numoto Takeshi (Officer) 4,810 shares $496.48 +0.8% since trade filed Aug 5, 2026 | Discretionary sale | 4,810 | $496.48 | $2.4M | +0.8% | Aug 5, 2026 |
| Jun 10, 2026 | Numoto Takeshi (Officer) 4,500 shares $402.84 +24.2% since trade filed Jun 12, 2026 | Discretionary sale | 4,500 | $402.84 | $1.8M | +24.2% | Jun 12, 2026 |
| Jun 8, 2026 | Numoto Takeshi (Officer) 2,500 shares $412.45 +21.3% since trade filed Jun 10, 2026 | Discretionary sale | 2,500 | $412.45 | $1.0M | +21.3% | Jun 10, 2026 |
| Jun 1, 2026 | Althoff Judson (CEO) 16K shares $460.99 +8.6% since trade filed Jun 2, 2026 | Discretionary sale | 16K | $460.99 | $7.1M | +8.6% | Jun 2, 2026 |
| May 14, 2026 | Coleman Amy (Officer) 1,262 shares $411.34 +21.7% since trade filed May 18, 2026 | Discretionary sale | 1,262 | $411.34 | $519K | +21.7% | May 18, 2026 |
| Mar 6, 2026 | Hogan Kathleen T (Officer) 12K shares $409.52 +22.2% since trade filed Mar 9, 2026 | Discretionary sale | 12K | $409.52 | $5.0M | +22.2% | Mar 9, 2026 |
| Feb 18, 2026 | STANTON JOHN W (Director) 5,000 shares $397.35 +26.0% since trade filed Feb 18, 2026 | Open-market buy | 5,000 | $397.35 | $2.0M | +26.0% | Feb 18, 2026 |
| Dec 4, 2025 | Numoto Takeshi (Officer) 2,850 shares $478.72 +4.5% since trade filed Dec 5, 2025 | Discretionary sale | 2,850 | $478.72 | $1.4M | +4.5% | Dec 5, 2025 |
| Dec 2, 2025 | Althoff Judson (CEO) 13K shares $491.52 +1.8% since trade filed Dec 3, 2025 | Discretionary sale | 13K | $491.52 | $6.3M | +1.8% | Dec 3, 2025 |
| Nov 3, 2025 | SMITH BRADFORD L (Officer) 8,089 shares $519.21 −3.6% since trade filed Nov 4, 2025 | Discretionary sale | 8,089 | $519.21 | $4.2M | −3.6% | Nov 4, 2025 |
| Nov 3, 2025 | SMITH BRADFORD L (Officer) 30K shares $518.49 −3.5% since trade filed Nov 4, 2025 | Discretionary sale | 30K | $518.49 | $16M | −3.5% | Nov 4, 2025 |
| Sep 3, 2025 | Nadella Satya (CEO) 500 shares $507.56 −1.4% since trade filed Sep 4, 2025 | Planned sale (10b5-1) | 500 | $507.56 | $254K | −1.4% | Sep 4, 2025 |
| Sep 3, 2025 | Nadella Satya (CEO) 9,037 shares $506.62 −1.2% since trade filed Sep 4, 2025 | Planned sale (10b5-1) | 9,037 | $506.62 | $4.6M | −1.2% | Sep 4, 2025 |
| Sep 3, 2025 | Nadella Satya (CEO) 26K shares $503.00 −0.5% since trade filed Sep 4, 2025 | Planned sale (10b5-1) | 26K | $503.00 | $13M | −0.5% | Sep 4, 2025 |
| Sep 3, 2025 | Nadella Satya (CEO) 26K shares $503.91 −0.7% since trade filed Sep 4, 2025 | Planned sale (10b5-1) | 26K | $503.91 | $13M | −0.7% | Sep 4, 2025 |
| Sep 3, 2025 | Nadella Satya (CEO) 39K shares $505.86 −1.1% since trade filed Sep 4, 2025 | Planned sale (10b5-1) | 39K | $505.86 | $20M | −1.1% | Sep 4, 2025 |
| Sep 3, 2025 | Nadella Satya (CEO) 48K shares $504.95 −0.9% since trade filed Sep 4, 2025 | Planned sale (10b5-1) | 48K | $504.95 | $24M | −0.9% | Sep 4, 2025 |
| Aug 12, 2025 | Numoto Takeshi (Officer) 2,000 shares $525.56 −4.8% since trade filed Aug 13, 2025 | Discretionary sale | 2,000 | $525.56 | $1.1M | −4.8% | Aug 13, 2025 |
| Aug 12, 2025 | Numoto Takeshi (Officer) 2,850 shares $528.56 −5.3% since trade filed Aug 13, 2025 | Discretionary sale | 2,850 | $528.56 | $1.5M | −5.3% | Aug 13, 2025 |
| Jun 3, 2025 | Numoto Takeshi (Officer) 3,000 shares $463.00 +8.1% since trade filed Jun 4, 2025 | Discretionary sale | 3,000 | $463.00 | $1.4M | +8.1% | Jun 4, 2025 |
| May 30, 2025 | Numoto Takeshi (Officer) 1,000 shares $460.01 +8.8% since trade filed Jun 2, 2025 | Discretionary sale | 1,000 | $460.01 | $460K | +8.8% | Jun 2, 2025 |
| May 21, 2025 | Hogan Kathleen T (Officer) 22K shares $453.77 +10.3% since trade filed May 22, 2025 | Discretionary sale | 22K | $453.77 | $9.8M | +10.3% | May 22, 2025 |
| May 19, 2025 | Althoff Judson (Officer) 6,702 shares $458.46 +9.2% since trade filed May 20, 2025 | Discretionary sale | 6,702 | $458.46 | $3.1M | +9.2% | May 20, 2025 |
| May 19, 2025 | Althoff Judson (Officer) 9,298 shares $457.97 +9.3% since trade filed May 20, 2025 | Discretionary sale | 9,298 | $457.97 | $4.3M | +9.3% | May 20, 2025 |
| May 15, 2025 | Coleman Amy (Officer) 13K shares $452.01 +10.7% since trade filed May 16, 2025 | Discretionary sale | 13K | $452.01 | $6.0M | +10.7% | May 16, 2025 |
| May 5, 2025 | SMITH BRADFORD L (Officer) 3,812 shares $438.82 +14.1% since trade filed Dec 12, 2025 late | Discretionary sale | 3,812 | $438.82 | $1.7M | +14.1% | Dec 12, 2025 late |
| May 5, 2025 | SMITH BRADFORD L (Officer) 6,000 shares $433.17 +15.5% since trade filed May 6, 2025 | Discretionary sale | 6,000 | $433.17 | $2.6M | +15.5% | May 6, 2025 |
| May 2, 2025 | SMITH BRADFORD L (Officer) 18K shares $435.31 +15.0% since trade filed May 6, 2025 | Discretionary sale | 18K | $435.31 | $7.9M | +15.0% | May 6, 2025 |
| May 2, 2025 | SMITH BRADFORD L (Officer) 57K shares $436.29 +14.7% since trade filed May 6, 2025 | Discretionary sale | 57K | $436.29 | $25M | +14.7% | May 6, 2025 |
| Apr 30, 2025 | SMITH BRADFORD L (Officer) 30 shares $390.57 +28.1% since trade filed Dec 12, 2025 late | Discretionary sale | 30 | $390.57 | $12K | +28.1% | Dec 12, 2025 late |
| Apr 23, 2025 | SMITH BRADFORD L (Officer) 3,842 shares $377.47 +32.6% since trade filed Dec 12, 2025 late | Open-market buy | 3,842 | $377.47 | $1.5M | +32.6% | Dec 12, 2025 late |
| Dec 9, 2024 | Numoto Takeshi (Officer) 2,500 shares $447.41 +11.9% since trade filed Dec 10, 2024 | Discretionary sale | 2,500 | $447.41 | $1.1M | +11.9% | Dec 10, 2024 |
| Dec 4, 2024 | Numoto Takeshi (Officer) 2,000 shares $437.32 +14.4% since trade filed Dec 5, 2024 | Discretionary sale | 2,000 | $437.32 | $875K | +14.4% | Dec 5, 2024 |
| Dec 2, 2024 | Numoto Takeshi (Officer) 2,500 shares $430.87 +16.2% since trade filed Dec 2, 2024 | Discretionary sale | 2,500 | $430.87 | $1.1M | +16.2% | Dec 2, 2024 |
| Nov 27, 2024 | Numoto Takeshi (Officer) 1,000 shares $423.48 +18.2% since trade filed Dec 2, 2024 | Discretionary sale | 1,000 | $423.48 | $423K | +18.2% | Dec 2, 2024 |
| Nov 22, 2024 | Althoff Judson (Officer) 25K shares $417.00 +20.0% since trade filed Nov 25, 2024 | Discretionary sale | 25K | $417.00 | $10M | +20.0% | Nov 25, 2024 |
| Nov 22, 2024 | Numoto Takeshi (Officer) 1,000 shares $414.72 +20.7% since trade filed Nov 25, 2024 | Discretionary sale | 1,000 | $414.72 | $415K | +20.7% | Nov 25, 2024 |
| Nov 12, 2024 | Young Christopher David (Officer) 7,200 shares $423.66 +18.1% since trade filed Nov 12, 2024 | Discretionary sale | 7,200 | $423.66 | $3.1M | +18.1% | Nov 12, 2024 |
| Sep 10, 2024 | Hogan Kathleen T (Officer) 17K shares $411.85 +21.5% since trade filed Sep 11, 2024 | Discretionary sale | 17K | $411.85 | $7.2M | +21.5% | Sep 11, 2024 |
| Sep 10, 2024 | Numoto Takeshi (Officer) 2,500 shares $411.04 +21.8% since trade filed Sep 11, 2024 | Discretionary sale | 2,500 | $411.04 | $1.0M | +21.8% | Sep 11, 2024 |
| Sep 9, 2024 | SMITH BRADFORD L (Officer) 30 shares $403.30 +24.1% since trade filed Sep 11, 2024 | Discretionary sale | 30 | $403.30 | $12K | +24.1% | Sep 11, 2024 |
| Sep 9, 2024 | SMITH BRADFORD L (Officer) 40K shares $402.59 +24.3% since trade filed Sep 11, 2024 | Discretionary sale | 40K | $402.59 | $16M | +24.3% | Sep 11, 2024 |
| Sep 5, 2024 | Hood Amy (CFO) 38K shares $410.55 +21.9% since trade filed Sep 6, 2024 | Discretionary sale | 38K | $410.55 | $16M | +21.9% | Sep 6, 2024 |
| Sep 4, 2024 | Nadella Satya (CEO) 1,500 shares $410.82 +21.8% since trade filed Sep 5, 2024 | Planned sale (10b5-1) | 1,500 | $410.82 | $616K | +21.8% | Sep 5, 2024 |
| Sep 4, 2024 | Nadella Satya (CEO) 2,800 shares $404.99 +23.6% since trade filed Sep 5, 2024 | Planned sale (10b5-1) | 2,800 | $404.99 | $1.1M | +23.6% | Sep 5, 2024 |
“Since trade” compares with the latest insider-implied price, not a market quote: these pages are built from filings alone. A role here is the one on that day's Form 4, so somebody promoted since appears under both titles.
Filing hygiene
388 Forms 4, 3 years
2 filed late
1 amendments
2 avg. days to file
How to read this
A Form 4 transaction code decides everything. P is an open-market purchase and S an open-market sale; those two are the only codes where an insider chose to trade. A is a grant, M an option exercise or vesting, F shares withheld to cover tax, G a gift. Most “insiders dumped billions” headlines are code F and M mechanics.
Sales flagged 10b5-1 run on a plan the insider adopted in advance; since 2023 every Form 4 carries that flag. Buys have historically predicted returns, sales mostly have not, and this page states filings, not advice.