Form 4: Motorola Solutions SVP, General Counsel James A. Niewiara Reports Acquisition of Market Stock Units

Sentiment:

SEC Form 4 Filing


James A. Niewiara, SVP and General Counsel of Motorola Solutions, Inc., reported the acquisition of 1,511 market stock units (MSUs) on March 14, 2024, which will vest over three years and convert into shares of common stock based on performance criteria.

Summary

  • On March 14, 2024, James A. Niewiara, the Senior Vice President and General Counsel of Motorola Solutions, Inc., acquired 1,511 market stock units (MSUs).
  • These MSUs will convert into shares of Motorola Solutions common stock on a 1-for-1 basis.
  • The number of MSUs earned can vary from 0% to 200% of the target number, depending on the average closing price of the company's common stock on the grant date compared to the vesting date.
  • One-third of the MSU award will vest annually on the first, second, and third anniversaries of the grant date.
  • The MSUs will only vest if the share price on the vesting date is at least 60% of the share price on the grant date.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to executive compensation, indicating a neutral sentiment.

Future Outlook

The market stock units will vest over the next three years, contingent on the company's stock price performance.

Industry Context

This filing is a routine disclosure related to executive compensation and aligns with standard practices for publicly traded companies.

Stakeholder Impact

  • The vesting of market stock units incentivizes the executive to improve company performance, potentially benefiting shareholders.
  • The vesting of market stock units has no immediate impact on employees, customers, suppliers, or creditors.

Key Dates

DateDescription
03/14/2024Date of transaction: Acquisition of 1,511 Market Stock Units
03/18/2024Date of Form 4 filing

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.