Microsoft CEO Satya Nadella sold 838,584 shares worth $ 285.4 million, which is almost half of his entire package (1.7 million shares in total). As stated in a written statement from a Microsoft spokesman, the CEO took this step with the aim of diversification and personal financial planning.

But, most likely, this step by Satya Nadella was dictated by the introduction of a seven percent tax on long-term capital gains in excess of $ 250 thousand a year in Washington State from next year.