Form 4: Motorola Solutions SVP Cynthia Yazdi Executes Stock Options and Sells Shares
SEC Form 4
Cynthia Yazdi, SVP of Communications & Brand at Motorola Solutions, exercised stock options and sold shares on August 20, 2024.
Summary
- On August 20, 2024, Cynthia Yazdi, SVP of Communications & Brand at Motorola Solutions, exercised performance-based stock options for 8,136 shares at a price of $179.21 per share.
- Simultaneously, Yazdi sold 8,136 shares of Motorola Solutions common stock at $424.8 per share.
- Following these transactions, Yazdi directly owns 8,597.85 shares of Motorola Solutions common stock.
- The exercised performance-based stock options vested on March 8, 2024, upon meeting certain financial performance objectives.
Sentiment
Score: 5
Explanation: This is a routine disclosure of insider trading activity. The sentiment is neutral as it doesn't inherently indicate positive or negative prospects for the company.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in trading activities by company insiders. These filings are closely monitored by investors seeking insights into management's perspective on the company's stock and future prospects.
Key Dates
| Date | Description |
|---|---|
| 03/08/2024 | Performance based stock options vested upon attainment of certain financial performance objectives |
| 08/20/2024 | Date of transaction: Yazdi exercised stock options and sold shares |
| 08/21/2024 | Date of Form 4 filing |
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