Big Law
Microsoft’s CEO Sells Half of His Stake Ahead of a New Capital Gains Tax
Microsoft Corp. Chief Executive Satya Nadella sold about half of his shares in the company last week, according to a federal securities filing.
In the filing last week with the U.S. Securities and Exchange Commission, the Redmond, Wash.-based software company reported Nadella sold 838,584 shares over two days, down from close to 1.7 million shares.
The transaction yielded more than $285 million for Mr. Nadella. This is the single-largest stock sale for Nadella, according to InsiderScore.
