Form 4: Motorola Solutions SVP Karen E. Dunning Reports Stock Option Exercises and Sales
SEC Form 4
Karen E. Dunning, SVP of Human Resources at Motorola Solutions, executed stock options and sold shares on May 14, 2024, according to a Form 4 filing with the SEC.
Summary
- On May 14, 2024, Karen E. Dunning, SVP of Human Resources at Motorola Solutions, exercised employee stock options to acquire shares of Motorola Solutions common stock.
- She exercised options to purchase 451 shares at $179.21, 143 shares at $245.95, and 540 shares at $222.30.
- Concurrently, she sold 1,134 shares at a weighted average price of $362.0953, 96.521 shares at a weighted average price of $361.9487, 1,936.926 shares at a weighted average price of $361.6464, and 6.495 shares at a weighted average price of $361.4302.
- Following these transactions, Dunning directly owns 460 shares of Motorola Solutions common stock.
- She also holds options to purchase 143 and 539 shares of Motorola Solutions common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it's a standard disclosure of stock transactions by an executive.
Industry Context
This filing is a routine disclosure of insider transactions and provides transparency to the market regarding the trading activities of company executives.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 03/08/2022 | Options for 451 shares vested in three equal annual installments beginning on this date. |
| 12/01/2022 | Options for 143 shares vest in three equal annual installments beginning on this date. |
| 03/10/2023 | Options for 540 shares vest in three equal annual installments beginning on this date. |
| 05/14/2024 | Date of stock option exercise and sale transactions. |
| 05/16/2024 | Date of Form 4 filing. |
| 03/08/2031 | Expiration date for options to buy 451 shares. |
| 12/01/2031 | Expiration date for options to buy 143 shares. |
| 03/10/2032 | Expiration date for options to buy 540 shares. |
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