Comment: I predicted back in 2006 on my original blog (which is no longer available) that Microsoft would be involved in an Enron-style collapse resulting in insider trading charges against Steve Ballmer, resulting in imprisonment and a fate similar to Ken Lay (“suicided” or secretly moved to some foreign country and given a new identity).
Microsoft CEO Ballmer selling $2 billion of stock in first sale in 7 years
Microsoft Chief Executive Steve Ballmer has sold $1.3 billion in Microsoft stock over the past three days and says he could sell $700 million more before the end of the year.
By Sharon Pian Chan
Seattle Times technology reporter
November 5, 2010
Microsoft Chief Executive Steve Ballmer has sold $1.3 billion in Microsoft stock over the past three days, and says he could sell $700 million more before the end of the year.
On Wednesday, Thursday and Friday, Ballmer sold 49 million shares, when the shares ranged between $26.74 and $27.16, according to a filing with the Securities and Exchange Commission.
He said Friday in a company statement that he plans to sell a total of 75 million shares by the end of the year. He said he is selling the stock to diversify his holdings and to help with tax planning.
“Even though this is a personal financial matter, I want to be clear about this to avoid any confusion,” Ballmer said in the statement. “I am excited about our new products and the potential for our technology to change people’s lives, and I remain fully committed to Microsoft and its success.”
Microsoft declined to comment further on the stock sale.
Microsoft CEO Ballmer to sell off 75 million shares
Josh Lowensohn
November 5, 2010
Microsoft CEO Steve Ballmer plans to sell up to 75 million Microsoft shares to help “gain financial diversification” and to “assist in tax planning before the end of the year,” the company announced today.
Before taking into account recent sales, Ballmer held 408 million shares, the company said, citing the latest Microsoft proxy report.
“Even though this is a personal financial matter, I want to be clear about this to avoid any confusion,” Ballmer said. “I am excited about our new products and the potential for our technology to change people’s lives, and I remain fully committed to Microsoft and its success.”
This is the first time in seven and a half years that Ballmer has sold stock. His previous sales of Microsoft stock back in 2003 came in just under $1.6 billion.












