Form 4: Motorola Solutions EVP and CFO Jason Winkler Reports Stock Transactions
SEC Form 4 Filing
Jason Winkler, EVP and CFO of Motorola Solutions, reports the exercise of stock options and subsequent sale of shares on May 10, 2024.
Summary
- On May 10, 2024, Jason Winkler, the EVP and CFO of Motorola Solutions, exercised employee stock options to acquire 2,424 shares at $108.47 and 3,767 shares at $128.19.
- Following the exercise of these options, Winkler sold 2,424 shares at $361.982 and 3,767 shares at $361.85.
- Additionally, Winkler sold 1,173.216 shares at a weighted average price of $361.84, with prices ranging from $361.84 to $361.96.
- After these transactions, Winkler beneficially owns 16,629.0587 shares of Motorola Solutions common stock.
- The report also notes that Winkler acquired shares through the Motorola Solutions Employee Stock Purchase Plan and dividend reinvestments.
Sentiment
Score: 5
Explanation: This is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment about the company's performance.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into the trading activities of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Comparison to Industry Standards
- Executive stock option exercises and sales are common across publicly traded companies, particularly in the technology sector.
- The vesting schedules and exercise prices are typical for executive compensation packages.
- Comparing Winkler's transactions to those of CFOs at similar companies like Cisco, Juniper Networks, or Ericsson would provide a benchmark for assessing the magnitude and timing of these transactions.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership.
- The transactions do not directly impact employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 03/08/2019 | Options for 2,424 shares vested in three equal annual installments beginning on this date. |
| 10/01/2019 | Options for 3,767 shares vested in three equal annual installments beginning on this date. |
| 03/08/2028 | Expiration date for employee stock options for 2,424 shares. |
| 05/10/2024 | Date of the reported transactions: exercise of stock options and sale of shares. |
| 10/01/2028 | Expiration date for employee stock options for 3,767 shares. |
| 05/14/2024 | Date of the Form 4 filing. |
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