Form 4: Zebra Technologies Chief Legal Officer Cristen L Kogl Reports Stock Transactions

Cristen L Kogl, Chief Legal Officer of Zebra Technologies, reports the acquisition and disposal of Class A Common Stock and Stock Appreciation Rights.

Summary

• On August 5, 2024, Cristen L Kogl, the Chief Legal Officer of Zebra Technologies, reported transactions involving Zebra Technologies' Class A Common Stock and Stock Appreciation Rights (SARs).
• Kogl acquired 478 shares of Class A Common Stock at a price of $103.84 per share.
• Kogl also disposed of 213 shares of Class A Common Stock at a price of $310.57 per share to cover tax obligations.
• Following these transactions, Kogl beneficially owns 14,904 shares of Class A Common Stock.
• Kogl also exercised 719 stock appreciation rights with an exercise price of $103.84.
• The vesting schedule for the SARs varies, with some vesting in installments on August 9, May 10, September 1, and April 30 of different years.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities in the company's stock. It allows investors to monitor the actions of key executives and their potential impact on the stock's performance.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and their insiders.
• The information disclosed is consistent with SEC regulations and reporting requirements.
• Comparable companies like Honeywell, Datalogic, and Intermec (now part of Honeywell) also have similar insider trading reporting requirements.

Stakeholder Impact

• The transactions may have a minor impact on shareholders by providing insight into management's perspective on the company's stock.
• The disposal of shares to cover tax obligations is a common practice and doesn't necessarily indicate a negative outlook.

Key Dates