Form 4: Motorola Solutions CEO Gregory Q. Brown Reports Acquisition of Market Stock Units

Gregory Q. Brown, Chairman and CEO of Motorola Solutions, reports the acquisition of 19,202 market stock units (MSUs) on March 14, 2024.

Summary

• On March 14, 2024, Gregory Q. Brown, Chairman and CEO of Motorola Solutions, acquired 19,202 market stock units (MSUs).
• These MSUs convert into shares of common stock on a 1-for-1 basis, with the number of MSUs earned varying from 0% to 200% based on the company's stock price performance.
• One third of the MSU award will vest on each of the first, second and third anniversaries of the date of grant and will be converted into shares of common stock based on a payout factor, provided that the MSUs will only vest if the Share Price on the Vesting Date equals at least 60% of the Share Price on the Date of Grant.
• Following the transaction, Mr. Brown directly owns 19,202 derivative securities.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to executive compensation, indicating a neutral sentiment.

Future Outlook

The vesting of the market stock units is contingent on the company's stock price performance over the next three years.

Industry Context

This filing is a routine disclosure of stock-based compensation awarded to a company executive, which is a common practice in publicly traded companies.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder sentiment as it aligns executive compensation with company performance.

Key Dates