Satya Nadella Nets $36 Mn After Selling 30% of His Microsoft Stock


After the most recent stock deal, regardless he possesses 778,596 offers of basic stock.

Microsoft CEO Satya Nadella got $35.9 million subsequent to offering around 30 percent of his normal offers in the organization, the media revealed. He sold 328,000 offers in different exchanges at costs going from $109.08 to $109.68, CNBC detailed refering to an administrative recording on Friday.

The stock divestitures made today were for individual budgetary arranging and enhancement reasons," a Microsoft representative was cited as saying.

Satya is focused on the proceeded with accomplishment of the organization and his property altogether surpass the holding necessities set by the Microsoft governing body.

Nadella, whose yearly base pay a year ago was $1.45 million and aggregate pay surpassed $20 million, is required to have 15 times his base compensation in stock.

After the most recent stock deal, despite everything he possesses 778,596 offers of normal stock, the report said.

This the second time Nadella has sold Microsoft stock since getting to be CEO in 2014. He sold 143,000 offers worth $8.3 million two years back, as per filings, The Seattle Times detailed.