Form 4: Motorola Solutions Director Greg Mondre Reports Stock Acquisition
SEC Form 4 Filing
Director Greg Mondre reports acquisition of Motorola Solutions stock and indirect beneficial ownership through Silver Lake Technology Management.
Summary
- Greg Mondre, a director at Motorola Solutions, Inc., reported a transaction on May 14, 2024.
- He acquired 679 shares of Common Stock at a price of $361.05 per share.
- Following the transaction, Mr. Mondre directly owns 749 shares of Common Stock.
- He also has indirect beneficial ownership of 21,582.9213 shares held for the benefit of Silver Lake Technology Management, L.L.C.
- These shares include Deferred Stock Units received pursuant to dividend equivalent rights.
- Mr. Mondre disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, if any.
- Upon the sale of these securities, the proceeds are expected to be remitted to Silver Lake and/or its limited partners.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, reflecting standard insider trading reporting requirements. There is no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, providing transparency to investors about the actions of key personnel. It's common for directors to hold shares both directly and indirectly through investment firms.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
- It assures stakeholders that transactions are being reported in compliance with regulations.
Key Dates
| Date | Description |
|---|---|
| 05/14/2024 | Date of stock acquisition transaction |
| 05/16/2024 | Date of signature on the Form 4 filing |
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