Hello, this file is very likely not part of Windows or Microsoft 365.
Have you tried to remove it by right-clicking and deleting the file? If so, does it reappear after a system restart?
I advise against executing the file directly since its purpose is unknown. You can review its contents by opening it in a text editor like Notepad, simply drag and drop the file there. If you’d like, you can share the content here for further analysis.
Given its suspicious nature, I recommend deleting it if you are unsure of its origin. Could you please confirm if you have tried deleting it and whether it persists after reboot?