Form 4: Motorola Solutions SVP Cynthia Yazdi Reports Acquisition of Market Stock Units
SEC Form 4 Filing
Cynthia Yazdi, SVP at Motorola Solutions, reports the acquisition of 1,553 market stock units (MSUs) on March 14, 2024, according to a Form 4 filing.
Summary
- Cynthia Yazdi, a Senior Vice President at Motorola Solutions, filed a Form 4 with the SEC.
- The filing reports the acquisition of 1,553 market stock units (MSUs) on March 14, 2024.
- These MSUs convert into shares of common stock on a 1-for-1 basis, with the number of MSUs earned varying based on the company's stock price performance between the grant date and vesting date.
- One third of the MSU award will vest annually over three years from the grant date, provided the share price on the vesting date is at least 60% of the share price on the grant date.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to executive compensation, and does not contain information that would significantly impact investor sentiment.
Future Outlook
The MSUs will vest over the next three years, contingent on the company's stock price performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The vesting of MSUs could potentially dilute existing shareholders' equity, although the impact is likely to be minimal.
Key Dates
| Date | Description |
|---|---|
| 03/14/2024 | Date of transaction: Acquisition of 1,553 Market Stock Units |
| 03/18/2024 | Date of signature on the Form 4 filing |
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