Hood Sells Microsoft Shares Worth Nearly $4 Million

Microsoft's CFO sold 7,305 shares at an average of $544.37 as Anthropic prepares its initial public offering.

Updated on Nov. 11, 2026 in Public Companies

Hood Sells Microsoft Shares Worth Nearly $4 Million

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Executive Vice President and CFO Amy Hood sold 7,305 Microsoft shares at an average price of $544.37, a transaction totaling just under $4 million, according to an SEC filing. The sale came as Anthropic plans its initial public offering at the end of the week following November 10.

Why it matters

Hood made three of the four most recent insider trades at Microsoft, and the timing overlaps with Anthropic's product launch that directly competes with Microsoft's productivity tools. Microsoft stock fell 3% intraday on November 10 after the Anthropic announcement.

Hood's September sale totaled 41,674 shares worth over $20.76 million, while Satya Nadella sold 86,525 shares for more than $43 million since early September. Microsoft stock declined 1.99% over the last week and 1.48% over the last month, closing at $533.16.

The players

Amy Hood

Amy Hood is Microsoft's Executive Vice President and Chief Financial Officer, overseeing the company's financial strategy and reporting.

Satya Nadella

Satya Nadella is the Chief Executive Officer of Microsoft, who has led the company's transformation toward cloud computing and artificial intelligence.

Microsoft

Microsoft is a multinational technology corporation known for its Windows operating system, Office productivity software, and Azure cloud platform.

Anthropic

Anthropic is an artificial intelligence company that develops the Claude family of AI models and is preparing an initial public offering.

The details

Hood's sale was disclosed in a filing with the Securities and Exchange Commission and followed a separate sale of 7,305 shares at $545.42 on October 13. Anthropic's release of Sheets, Whiteboards, and Interactive Connectors on November 10 directly competes with Microsoft's offerings, and Anthropic first sent out and then retracted an update on the details of its IPO.

September 14, 2026: Hood sold 41,674 shares for over $20.76 million.
Early September 2026: Nadella sold 86,525 shares for more than $43 million.
October 13, 2026: Hood sold 7,305 shares at $545.42.
November 10, 2026: Hood's 7,305-share sale at $544.37 was reported and Anthropic announced its new product suite.
Late November 2026: Anthropic plans to conduct its initial public offering.

Market Landscape

Anthropic's Sheets, Whiteboards, and Interactive Connectors enter a productivity software market that Microsoft Office has long dominated. Anthropic's planned public listing would put a direct AI-native challenger to Microsoft into the same investor pool that holds its stock.

Investors tracking Microsoft can see that insiders have been selling shares recently, which may inform how they weigh the stock's recent declines. Anthropic's IPO could alter the valuation of AI-focused competitors in their portfolios.

The takeaway

Insider sales are one signal among many, and the filing itself does not establish intent. Watch how Microsoft's share price responds to Anthropic's IPO pricing in late November.

What happens next

Anthropic plans to conduct its initial public offering at the end of the week following November 10, 2026, which will provide the first public market pricing for the company.