According to a federal securities filing, Microsoft Corp. Chief Executive Satya Nadella sold roughly half of his shares in the company last week.
Mr. Nadella received more than $285 million as a result of the deal. According to InsiderScore, this is Mr. Nadella’s largest single stock sale.
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In a written statement, a Microsoft spokeswoman said, “Satya sold roughly 840,000 shares of his holdings of Microsoft stock for personal financial planning and diversification reasons.” “He is dedicated to the company’s continued prosperity, and his holdings far outnumber the company’s.”
