Form 4: Motorola Solutions Director Greg Mondre Reports Stock Transactions
SEC Form 4
Director Greg Mondre reports acquisition of 70 shares and indirect ownership of 21,582.9213 shares of Motorola Solutions common stock.
Summary
- On June 28, 2024, Greg Mondre, a director of Motorola Solutions, Inc., acquired 70 shares of common stock at a price of $386.05 per share.
- The transaction was a result of a Deferred Stock Unit award subject to deferred distribution after termination of service as a director.
- Mondre also indirectly owns 21,582.9213 shares, which includes Deferred Stock Units received pursuant to dividend equivalent rights.
- These indirectly held securities are for the benefit of Silver Lake Technology Management, L.L.C., its affiliates, and certain funds they manage.
- Proceeds from the sale of these securities are expected to be remitted to Silver Lake and/or its limited partners.
- Mondre disclaims beneficial ownership of these securities except to the extent of his pecuniary interest.
Sentiment
Score: 5
Explanation: Neutral sentiment as it is a standard regulatory filing reporting stock transactions. No explicit positive or negative indicators.
Positives
- The acquisition of shares by a director could be seen as a positive signal, indicating confidence in the company's future.
Future Outlook
Not explicitly mentioned, but the filing indicates ongoing director compensation in the form of deferred stock units.
Management Comments
- Mr. Mondre disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, if any.
Industry Context
Form 4 filings are standard practice for reporting insider transactions and provide transparency to the market.
Key Dates
| Date | Description |
|---|---|
| 06/28/2024 | Date of stock transaction (acquisition of 70 shares). |
| 07/02/2024 | Date of signature for the Form 4 filing. |
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