Form 4: Motorola Solutions SVP Rajan Naik Reports Sale of Common Stock

Rajan Naik, SVP of Strategy & Ventures at Motorola Solutions, reported selling 5,273.971 shares of common stock at a weighted average price of $373.81 on June 13, 2024.

Summary

• On June 13, 2024, Rajan Naik, a Senior Vice President at Motorola Solutions, sold 5,273.971 shares of Motorola Solutions common stock.
• The sale was executed at a weighted average price of $373.81 per share.
• The price range for this transaction was between $373.81 and $373.925.
• Following the transaction, Naik directly owns 8,938.8951 shares of Motorola Solutions common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a stock sale by an executive, which is neutral in sentiment.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a sale of shares by a high-ranking executive at Motorola Solutions.

Stakeholder Impact

• The sale of shares by a company executive could be perceived differently by stakeholders; some may see it as a lack of confidence, while others may view it as a personal financial decision.

Key Dates