MICROSOFT CORP

Ticker: MSFT CUSIP: 594918104 Class: Common Stock

R.M.SINCERBEAUX CAPITAL MANAGEMENT LLC's Holding History (CIK: 0001426774)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 40,445 Value ($000) $19,560 Avg Close $500.58 Range $464.89 - $552.69

Q3 2025

Shares 45,075 Value ($000) $23,347 Avg Close $508.71 Range $486.99 - $553.50

Q2 2025

Shares 45,075 Value ($000) $22,421 Avg Close $432.38 Range $342.95 - $499.00

Q1 2025

Shares 44,241 Value ($000) $16,608 Avg Close $405.08 Range $365.28 - $445.10

Q4 2024

Shares 44,041 Value ($000) $18,563 Avg Close $422.35 Range $401.80 - $452.82

Q3 2024

Shares 48,316 Value ($000) $20,790 Avg Close $423.10 Range $381.30 - $463.16

Q2 2024

Shares 48,476 Value ($000) $21,666 Avg Close $417.26 Range $383.04 - $451.11

Q1 2024

Shares 52,276 Value ($000) $21,994 Avg Close $399.26 Range $361.12 - $425.28

Q4 2023

Shares 52,276 Value ($000) $19,658 Avg Close $350.36 Range $306.02 - $378.65

Q3 2023

Shares 53,478 Value ($000) $16,886 Avg Close $324.59 Range $304.29 - $359.90

Q2 2023

Shares 61,751 Value ($000) $21,029 Avg Close $307.21 Range $269.61 - $344.87

Q1 2023

Shares 61,851 Value ($000) $17,832 Avg Close $249.46 Range $214.23 - $283.22

Q4 2022

Shares 62,151 Value ($000) $14,905 Avg Close $234.05 Range $207.86 - $257.76

Q3 2022

Shares 62,151 Value ($000) $14,475 Avg Close $256.88 Range $226.66 - $285.90

Q2 2022

Shares 62,151 Value ($000) $15,962 Avg Close $263.43 Range $234.71 - $305.53

Q1 2022

Shares 62,151 Value ($000) $19,162 Avg Close $291.40 Range $261.79 - $327.04

Q4 2021

Shares 63,051 Value ($000) $21,205 Avg Close $313.41 Range $270.67 - $338.33

Q3 2021

Shares 63,350 Value ($000) $17,860 Avg Close $280.73 Range $259.89 - $295.39

Q2 2021

Shares 64,050 Value ($000) $17,351 Avg Close $244.73 Range $228.94 - $261.86

Q1 2021

Shares 65,050 Value ($000) $15,337 Avg Close $222.90 Range $203.36 - $236.17

Q4 2020

Shares 65,650 Value ($000) $14,602 Avg Close $206.04 Range $191.04 - $218.32

Q3 2020

Shares 65,850 Value ($000) $13,850 Avg Close $200.75 Range $187.82 - $222.85

Q2 2020

Shares 67,550 Value ($000) $13,747 Avg Close $173.06 Range $143.15 - $195.15

Q1 2020

Shares 78,750 Value ($000) $12,420 Avg Close $156.34 Range $126.17 - $181.07

Q4 2019

Shares 78,750 Value ($000) $12,419 Avg Close $139.23 Range $126.06 - $151.49

Q3 2019

Shares 79,850 Value ($000) $11,102 Avg Close $129.91 Range $123.34 - $134.72

Q2 2019

Shares 78,750 Value ($000) $10,549,350 Avg Close $119.52 Range $110.97 - $130.53

Q1 2019

Shares 80,050 Value ($000) $9,441 Avg Close $102.29 Range $90.94 - $113.53

Q4 2018

Shares 80,050 Value ($000) $8,131 Avg Close $100.00 Range $87.91 - $108.24

Q3 2018

Shares 79,500 Value ($000) $9,092 Avg Close $100.81 Range $90.95 - $107.41

Q2 2018

Shares 79,500 Value ($000) $7,839 Avg Close $89.76 Range $80.86 - $95.30

Q1 2018

Shares 78,200 Value ($000) $7,137 Avg Close $84.31 Range $77.10 - $89.85

Q4 2017

Shares 78,200 Value ($000) $6,689 Avg Close $75.26 Range $67.45 - $80.48

Q3 2017

Shares 79,400 Value ($000) $5,915 Avg Close $66.68 Range $61.92 - $69.52

Q2 2017

Shares 91,200 Value ($000) $6,286 Avg Close $62.32 Range $58.70 - $66.35

Q1 2017

Shares 91,200 Value ($000) $6,006 Avg Close $57.84 Range $55.73 - $59.91

Q4 2016

Shares 91,200 Value ($000) $5,667 Avg Close $53.94 Range $50.33 - $57.67

Q3 2016

Shares 91,200 Value ($000) $5,253 Avg Close $50.29 Range $44.75 - $52.45

Q2 2016

Shares 91,200 Value ($000) $4,666 Avg Close $45.98 Range $42.66 - $50.07

Q1 2016

Shares 91,200 Value ($000) $5,037 Avg Close $46.08 Range $42.20 - $49.07

Q4 2015

Shares 91,200 Value ($000) $5,060 Avg Close $45.92 Range $38.05 - $49.78

Q3 2015

Shares 93,200 Value ($000) $4,125 Avg Close $38.92 Range $34.55 - $41.83

Q2 2015

Shares 93,200 Value ($000) $4,115 Avg Close $39.29 Range $34.44 - $42.53

Q1 2015

Shares 93,200 Value ($000) $3,790 Avg Close $37.24 Range $34.29 - $40.84

Q4 2014

Shares 94,200 Value ($000) $4,376 Avg Close $39.88 Range $35.66 - $42.40

Q3 2014

Shares 94,200 Value ($000) $4,367 Avg Close $37.66 Range $34.56 - $40.29

Q2 2014

Shares 94,200 Value ($000) $3,928 Avg Close $33.96 Range $32.19 - $35.60

Q1 2014

Shares 94,200 Value ($000) $3,861 Avg Close $31.26 Range $28.73 - $34.69

Q4 2013

Shares 94,200 Value ($000) $3,524 Avg Close $30.02 Range $27.01 - $32.34

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	40,445	$19,560	$500.58	$464.89 - $552.69
Q3 2025	45,075	$23,347	$508.71	$486.99 - $553.50
Q2 2025	45,075	$22,421	$432.38	$342.95 - $499.00
Q1 2025	44,241	$16,608	$405.08	$365.28 - $445.10
Q4 2024	44,041	$18,563	$422.35	$401.80 - $452.82
Q3 2024	48,316	$20,790	$423.10	$381.30 - $463.16
Q2 2024	48,476	$21,666	$417.26	$383.04 - $451.11
Q1 2024	52,276	$21,994	$399.26	$361.12 - $425.28
Q4 2023	52,276	$19,658	$350.36	$306.02 - $378.65
Q3 2023	53,478	$16,886	$324.59	$304.29 - $359.90
Q2 2023	61,751	$21,029	$307.21	$269.61 - $344.87
Q1 2023	61,851	$17,832	$249.46	$214.23 - $283.22
Q4 2022	62,151	$14,905	$234.05	$207.86 - $257.76
Q3 2022	62,151	$14,475	$256.88	$226.66 - $285.90
Q2 2022	62,151	$15,962	$263.43	$234.71 - $305.53
Q1 2022	62,151	$19,162	$291.40	$261.79 - $327.04
Q4 2021	63,051	$21,205	$313.41	$270.67 - $338.33
Q3 2021	63,350	$17,860	$280.73	$259.89 - $295.39
Q2 2021	64,050	$17,351	$244.73	$228.94 - $261.86
Q1 2021	65,050	$15,337	$222.90	$203.36 - $236.17
Q4 2020	65,650	$14,602	$206.04	$191.04 - $218.32
Q3 2020	65,850	$13,850	$200.75	$187.82 - $222.85
Q2 2020	67,550	$13,747	$173.06	$143.15 - $195.15
Q1 2020	78,750	$12,420	$156.34	$126.17 - $181.07
Q4 2019	78,750	$12,419	$139.23	$126.06 - $151.49
Q3 2019	79,850	$11,102	$129.91	$123.34 - $134.72
Q2 2019	78,750	$10,549,350	$119.52	$110.97 - $130.53
Q1 2019	80,050	$9,441	$102.29	$90.94 - $113.53
Q4 2018	80,050	$8,131	$100.00	$87.91 - $108.24
Q3 2018	79,500	$9,092	$100.81	$90.95 - $107.41
Q2 2018	79,500	$7,839	$89.76	$80.86 - $95.30
Q1 2018	78,200	$7,137	$84.31	$77.10 - $89.85
Q4 2017	78,200	$6,689	$75.26	$67.45 - $80.48
Q3 2017	79,400	$5,915	$66.68	$61.92 - $69.52
Q2 2017	91,200	$6,286	$62.32	$58.70 - $66.35
Q1 2017	91,200	$6,006	$57.84	$55.73 - $59.91
Q4 2016	91,200	$5,667	$53.94	$50.33 - $57.67
Q3 2016	91,200	$5,253	$50.29	$44.75 - $52.45
Q2 2016	91,200	$4,666	$45.98	$42.66 - $50.07
Q1 2016	91,200	$5,037	$46.08	$42.20 - $49.07
Q4 2015	91,200	$5,060	$45.92	$38.05 - $49.78
Q3 2015	93,200	$4,125	$38.92	$34.55 - $41.83
Q2 2015	93,200	$4,115	$39.29	$34.44 - $42.53
Q1 2015	93,200	$3,790	$37.24	$34.29 - $40.84
Q4 2014	94,200	$4,376	$39.88	$35.66 - $42.40
Q3 2014	94,200	$4,367	$37.66	$34.56 - $40.29
Q2 2014	94,200	$3,928	$33.96	$32.19 - $35.60
Q1 2014	94,200	$3,861	$31.26	$28.73 - $34.69
Q4 2013	94,200	$3,524	$30.02	$27.01 - $32.34