Satya Nadella sells $43.4M of Microsoft shares

Microsoft Chairman and CEO Satya Nadella sold approximately $43.4 million worth of $MSFT shares.
Executive stock sales can occur for a variety of reasons, including diversification, taxes and predetermined trading plans, so the transaction alone does not necessarily indicate a change in management's outlook.
The size of the sale nevertheless makes it a notable insider transaction for investors monitoring executive ownership and positioning.