Form 4: Motorola Solutions Director Greg Mondre Reports Acquisition of Deferred Stock Units

Motorola Solutions Director Greg Mondre reported the acquisition of 66 common stock shares through a Deferred Stock Unit award on June 27, 2025, increasing his direct beneficial ownership to 1,654.42 shares.

Summary

• Greg Mondre, a Director of Motorola Solutions, Inc. (MSI), reported a transaction on June 27, 2025.
• The transaction involved the acquisition of 66 shares of Common Stock at a price of $418.66 per share.
• This acquisition was a Deferred Stock Unit (DSU) award, which is an exempt transaction pursuant to Rule 16b-3(d) under the Securities Exchange Act of 1934.
• The Deferred Stock Units are subject to deferred distribution after Mr. Mondre's termination of service as a director.
• Following this transaction, Mr. Mondre directly beneficially owns 1,654.42 shares of Common Stock.
• He also indirectly beneficially owns 21,788.8 shares of Common Stock, which are held for the benefit of Silver Lake Technology Management, L.L.C., certain of its affiliates, and certain funds they manage.
• Proceeds from the future sale of these indirectly held securities are expected to be remitted to Silver Lake and/or its limited partners.
• Mr. Mondre disclaims beneficial ownership of the indirectly held securities, except to the extent of his pecuniary interest therein.

Sentiment

Score: 7

Explanation: The filing reports a routine equity compensation award to a director, which is generally a positive sign of alignment between the board and shareholder interests. There are no negative implications or red flags within this transaction report.

Positives

• Director Greg Mondre acquired 66 shares of common stock, indicating continued alignment with shareholder interests.
• The acquisition was a Deferred Stock Unit award, a common form of director compensation, which aligns long-term interests with the company's performance.

Future Outlook

No specific future outlook or guidance is provided, as this filing is a report of a past insider transaction.

Management Comments

• Deferred Stock Unit award subject to deferred distribution after termination of service as a director of the Issuer, an exempt transaction pursuant to Rule 16b-3(d) under the Securities Exchange Act of 1934, as amended (the 'Exchange Act').
• Includes Deferred Stock Units received pursuant to dividend equivalent rights, which were credited to the reporting person when and as dividends were paid on the Issuer's common stock.
• These securities are held by Mr. Mondre for the benefit of Silver Lake Technology Management, L.L.C., certain of its affiliates and certain of the funds they manage ('Silver Lake'). Mr. Mondre serves as a director of the Issuer. Pursuant to Mr. Mondre's arrangement with Silver Lake with respect to director compensation, upon the sale of these securities, the proceeds from such sale(s) are expected to be remitted to Silver Lake and/or its limited partners. Mr. Mondre, through his role at Silver Lake and its affiliates, may be deemed to have an indirect interest in the securities reported herein. Pursuant to Rule 16a-1(a)(4) under the Exchange Act, this filing shall not be deemed an admission that Mr. Mondre is the beneficial owner of all securities covered by this filing, and Mr. Mondre disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, if any.

Industry Context

This filing reports a routine insider transaction related to director compensation, which is a standard practice across publicly traded companies in various industries. It does not provide broader industry-specific trends or competitive analysis.

Comparison to Industry Standards

• The acquisition of shares through Deferred Stock Units (DSUs) is a common and widely accepted form of equity compensation for directors in publicly traded companies, aligning their interests with shareholders.
• The disclosure of indirect beneficial ownership through an investment firm like Silver Lake is typical for directors who also hold positions at private equity or investment firms, similar to arrangements seen with directors at companies such as Dell Technologies or GoDaddy.
• The disclaimer of beneficial ownership for shares held for a third party, except for pecuniary interest, is standard practice under SEC Rule 16a-1(a)(4) for individuals in similar situations, ensuring compliance with regulatory reporting requirements.

Related Party Transactions

• The indirect beneficial ownership of 21,788.8 shares is held by Mr. Mondre for the benefit of Silver Lake Technology Management, L.L.C., certain of its affiliates, and certain funds they manage.
• Proceeds from the sale of these indirectly held securities are expected to be remitted to Silver Lake and/or its limited partners, reflecting an arrangement related to Mr. Mondre's director compensation and his role at Silver Lake.

Stakeholder Impact

• Shareholders: The acquisition of shares by a director through an equity award aligns the director's interests with those of shareholders, potentially signaling confidence in the company's long-term performance.

Next Steps

• Deferred distribution of the acquired Deferred Stock Units will occur after Mr. Mondre's termination of service as a director.
• Proceeds from the future sale of indirectly held securities are expected to be remitted to Silver Lake and/or its limited partners.

Key Dates

Recommendation

Keywords

Motorola Solutions, MSI, Greg Mondre, Form 4, Insider Transaction, Director Compensation, Deferred Stock Units, Equity Acquisition, Silver Lake