Satya Nadella Sold $75M in Microsoft Stock During September 2025 After Receiving a 308,870-Share Award

Alex Rivera

Microsoft CEO Satya Nadella sold approximately 149,000 shares of MSFT worth $75M in September 2025, following a stock award of 308,870 shares.

What Happened

Satya Nadella, CEO of Microsoft Corp (MSFT), sold approximately 149,205 shares worth roughly $75.3 million across multiple transactions in early September 2025. The sales occurred on September 3, 2025, at prices between $503.00 and $507.56 per share.

The sales followed a stock award of 308,870 shares received on September 2, 2025 (transaction code “A”), and a tax withholding sale of 122,362 shares (transaction code “F”) on the same day.

Transaction Details

DateCodeSharesPrice
2025-09-02A (Award)308,870N/A
2025-09-02F (Tax)122,362$506.69
2025-09-03S (Sale)25,836$503.00
2025-09-03S (Sale)26,494$503.91
2025-09-03S (Sale)48,267$504.95
2025-09-03S (Sale)39,071$505.86
2025-09-03S (Sale)9,037$506.62
2025-09-03S (Sale)500$507.56

After all transactions, Nadella owned 790,852 shares of Microsoft.

Why It Matters

Nadella’s September sales followed the common executive pattern: receive a stock award, sell to cover taxes (code “F”), then sell additional shares (code “S”) for diversification or liquidity. The net effect — receiving 308,870 shares and selling 271,567 (tax + open market) — means Nadella retained approximately 37,000 net new shares.

This pattern is routine for tech CEOs and does not necessarily signal bearish sentiment. Nadella has consistently sold portions of his Microsoft awards since becoming CEO in 2014.

Context

Microsoft shares were trading around $505 during the September sales, near all-time highs driven by the AI/Azure growth narrative. Nadella’s total career sales from Microsoft exceed $189 billion in reported Form 4 value across 179 transactions.

What to Watch

  • Microsoft’s Azure growth trajectory and AI monetization updates
  • Whether Nadella’s selling pace accelerates or decelerates in future quarters
  • The November 2025 gift transaction (3,977 shares, code “G”) — charitable or estate planning
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