Microsoft CEO Satya Nadella Sells 14,398 Shares of Stock

TapTechNews August 27th news, documents of the US Securities and Exchange Commission show that Satya Nadella, the CEO of Microsoft, sold 14,398 shares of Microsoft stock through the open market on August 23 local time, cashing out about 6 million US dollars (TapTechNews note: currently about 42.734 million RMB), with an average price of 417.412 US dollars per share.

As of May this year, Nadella held 801,331 shares of Microsoft stock with a total value of more than 330 million US dollars. The specific reason for selling the stock this time is still unclear, and it may be used for personal or family expenses, such as buying a property, renovating a house or other investments.

It is worth noting that this is not the first time Nadella has sold Microsoft stock. In November 2021, he sold 838,000 shares at an average price of 340 US dollars per share, cashing out 284 million US dollars. At that time, the Microsoft stock price was at a relatively high position and then experienced a period of decline and hit the lowest point of 213.43 US dollars at the end of 2022.