Form 4: Motorola Solutions EVP and CTO Mahesh Saptharishi Reports Stock Disposal
SEC Form 4 Filing
Mahesh Saptharishi, EVP and CTO of Motorola Solutions, reported the disposal of common stock to cover tax obligations.
Summary
- On May 3, 2024, Mahesh Saptharishi, the Executive Vice President and Chief Technology Officer of Motorola Solutions, Inc., disposed of 156.556 shares of Motorola Solutions common stock.
- The transaction was executed at a price of $353.7 per share.
- Following the transaction, Saptharishi directly owns 16,380.4359 shares of Motorola Solutions common stock, which includes shares acquired through the Employee Stock Purchase Plan and dividend reinvestments.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to insider stock transactions, which has a neutral sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in trading activities by company insiders. This filing indicates a routine transaction related to tax obligations.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on shareholders, as it is a routine disposal of shares by an executive.
Key Dates
| Date | Description |
|---|---|
| 05/03/2024 | Date of stock disposal transaction. |
| 05/07/2024 | Date of signature on the Form 4 filing. |
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