Form 4: Motorola Solutions CEO Gregory Brown Reports Changes in Beneficial Ownership

Gregory Brown, Chairman and CEO of Motorola Solutions, reports changes in his beneficial ownership of company stock due to gift transactions and trust holdings.

Summary

• Gregory Q. Brown, Chairman and CEO of Motorola Solutions, filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
• On May 30, 2024, Mr. Brown disposed of 28,325 shares through a gift transaction.
• On the same date, he acquired 14,162 shares and 14,163 shares through gift transactions into trusts.
• These transactions involve shares held directly and indirectly through various trusts, including grantor retained annuity trusts and family trusts.
• Mr. Brown's direct holdings include 140,432.233 shares, inclusive of shares acquired under the Employee Stock Purchase Plan and dividend reinvestments.
• Indirect holdings include shares held by his wife (2,220 shares) and various trusts for the benefit of his wife and children (81,000, 53,180 and 85,435 shares respectively).

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. This filing indicates changes in the CEO's holdings, which can be of interest to investors.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the CEO's stock ownership.
• Changes in insider ownership can sometimes influence investor sentiment.

Key Dates