Form 4: Zebra Technologies CFO Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Nathan Andrew Winters, CFO of Zebra Technologies, disposed of 1,250 shares of Class A Common Stock to cover tax obligations related to vested stock appreciation rights.
Summary
- On May 15, 2024, Nathan Andrew Winters, the Chief Financial Officer of Zebra Technologies Corp, disposed of 1,250 shares of Class A Common Stock.
- The transaction was executed at a price of $324.01 per share.
- This disposal was related to covering tax obligations associated with vested stock appreciation rights.
- Following the transaction, Winters directly owns 13,258 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. The sentiment is neutral as it simply reports the sale of shares to cover tax obligations.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors for signals about management's confidence in the company's prospects.
Stakeholder Impact
- The sale of shares by a high-ranking officer could be perceived negatively by some shareholders, although it is often a routine transaction to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/10/2021 | Vesting date for 552 stock appreciation rights. |
| 05/02/2021 | Vesting date for 105 stock appreciation rights. |
| 04/30/2021 | Vesting date for 144 stock appreciation rights. |
| 05/10/2022 | Vesting date for 552 stock appreciation rights. |
| 05/02/2022 | Vesting date for 105 stock appreciation rights. |
| 04/30/2022 | Vesting date for 144 stock appreciation rights. |
| 05/02/2023 | Vesting date for 105 stock appreciation rights. |
| 04/30/2023 | Vesting date for 145 stock appreciation rights. |
| 04/30/2024 | Vesting date for 145 stock appreciation rights. |
| 05/15/2024 | Date of the transaction where 1,250 shares were disposed of. |
| 05/10/2025 | Expiration date for stock appreciation rights. |
| 05/02/2026 | Expiration date for stock appreciation rights. |
| 04/30/2027 | Expiration date for stock appreciation rights. |
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