Form 4: Zebra Technologies CEO Bill Burns Reports Stock Disposals and Stock Appreciation Rights
SEC Form 4 Filing
CEO Bill Burns of Zebra Technologies reports disposing of Class A Common Stock to cover tax obligations and holding stock appreciation rights.
Summary
- Bill Burns, CEO of Zebra Technologies, filed a Form 4 detailing changes in beneficial ownership.
- On May 2, 2025, he disposed of 2,005 shares of Class A Common Stock at a price of $255.95 per share to cover tax obligations.
- On May 5, 2025, he disposed of 1,006 shares of Class A Common Stock at a weighted average price of $249.97 per share.
- Following these transactions, Burns directly owns 45,796 shares of Class A Common Stock.
- Burns also holds stock appreciation rights (SARs) that are exercisable at various dates and prices, with underlying Class A Common Stock.
- The SARs have exercise prices of $149.57, $205.12, and $244.97, and relate to 5,463, 4,364, and 3,901 shares respectively.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports stock disposals for tax purposes and holdings of stock appreciation rights, which is a routine activity.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track executive compensation and stock ownership.
Stakeholder Impact
- The stock disposal may have a minor impact on shareholders due to the increased supply of shares, but the effect is likely minimal given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 05/10/2019 | Stock appreciation rights became exercisable in four equal annual installments. |
| 05/02/2020 | Stock appreciation rights became exercisable in four equal annual installments. |
| 04/30/2021 | Stock appreciation rights became exercisable in four equal annual installments. |
| 05/02/2025 | CEO disposed of 2,005 shares of Class A Common Stock. |
| 05/05/2025 | CEO disposed of 1,006 shares of Class A Common Stock. |
| 05/06/2025 | Date of Form 4 filing. |
| 05/10/2025 | Expiration date for some stock appreciation rights. |
| 05/02/2026 | Expiration date for some stock appreciation rights. |
| 04/30/2027 | Expiration date for some stock appreciation rights. |
Keywords
Form 4, Zebra Technologies, Stock Appreciation Rights, Beneficial Ownership, Bill Burns, Stock Disposal, ZBRA, CEO
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