Form 4: Zebra Technologies' Chief Legal Officer Cristen L Kogl Reports Acquisition of Shares
SEC Form 4 Filing
Cristen L Kogl, Chief Legal Officer of Zebra Technologies, reports acquiring 3,260 shares of Class A Common Stock at $306.84 per share on March 4, 2025.
Summary
- Cristen L Kogl, the Chief Legal Officer of Zebra Technologies, filed a Form 4 with the SEC.
- The filing reports a transaction on March 4, 2025, where Kogl acquired 3,260 shares of Class A Common Stock at a price of $306.84 per share.
- Following the transaction, Kogl directly owns 18,698 shares of Class A Common Stock.
- Kogl also holds stock appreciation rights (SARs) for 2,260 shares with an exercise price of $205.12, vesting in installments from May 2, 2020, to May 2, 2023.
- Additionally, Kogl holds SARs for 2,454 shares with an exercise price of $244.97, vesting in installments from April 30, 2021, to April 30, 2024.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. The acquisition of shares by the Chief Legal Officer suggests confidence in the company, but it's a single transaction and doesn't provide a comprehensive view of the company's overall health.
Positives
- The acquisition of shares by a high-ranking officer could be interpreted as a positive signal, indicating confidence in the company's future performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Investors often monitor these filings to gauge management's sentiment and confidence in the company's prospects.
Stakeholder Impact
- The acquisition of shares by a company insider could positively influence shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/02/2020 | First vesting date for 565 of the stock appreciation rights with exercise price of $205.12. |
| 05/02/2021 | Second vesting date for 565 of the stock appreciation rights with exercise price of $205.12. |
| 04/30/2021 | First vesting date for 613 of the stock appreciation rights with exercise price of $244.97. |
| 05/02/2022 | Third vesting date for 565 of the stock appreciation rights with exercise price of $205.12. |
| 04/30/2022 | Second vesting date for 613 of the stock appreciation rights with exercise price of $244.97. |
| 05/02/2023 | Fourth vesting date for 565 of the stock appreciation rights with exercise price of $205.12. |
| 04/30/2023 | Third vesting date for 614 of the stock appreciation rights with exercise price of $244.97. |
| 04/30/2024 | Fourth vesting date for 614 of the stock appreciation rights with exercise price of $244.97. |
| 05/02/2026 | Expiration date for stock appreciation rights with exercise price of $205.12. |
| 04/30/2027 | Expiration date for stock appreciation rights with exercise price of $244.97. |
| 03/04/2025 | Date of transaction: Cristen L Kogl acquired 3,260 shares of Class A Common Stock at $306.84 per share. |
| 03/06/2025 | Date of Form 4 filing. |
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