The president of the entertainment division at software provider Microsoft Corp. sold 20,000 shares of common stock, according to a Securities and Exchange Commission filing.
In a Form 4 filed with the SEC Tuesday, Robert J. Bach reported he sold the shares Tuesday for $34.33 to $34.90 apiece.
Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.
You know, the last time he did this, Microsoft announced a $1 billion warranty recall. I wonder if this is related to the Zune 80? :)
Kidding, kidding. I'm a kidder.