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Microsoft CEO Satya Nadella Sells Shares Worth $35 Million


Washington: Microsoft's Indian-origin CEO Satya Nadella has netted over $35 million after selling almost one-third of his common shares in the software giant. Nadella sold 328,000 shares in multiple trades at prices ranging from $109.08 to $109.68 as the stock trades near a record price. The stock sale, disclosed in a regulatory filing yesterday, netted Nadella more than $35 million. Microsoft shares have soared 53 per cent in the past year, closing the week at $109. The record closing price was $110.83 on July 25.

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