Form 4: Zebra Technologies' Chief Legal Officer Reports Stock Disposals

Cristen L Kogl, Chief Legal Officer of Zebra Technologies, reported the disposal of Class A Common Stock to cover tax obligations related to stock appreciation rights.

Summary

• Cristen L Kogl, the Chief Legal Officer of Zebra Technologies, filed a Form 4 detailing changes in beneficial ownership.
• On May 2, 2025, 391 shares of Class A Common Stock were disposed of at a price of $255.95.
• On May 4, 2025, 467 shares of Class A Common Stock were disposed of at a price of $255.95.
• On May 5, 2025, 582 shares of Class A Common Stock were disposed of at a price of $249.95.
• These transactions resulted in a decrease in the direct holdings of Class A Common Stock from 18,698 to 17,258 shares.
• The disposals were related to tax obligations arising from stock appreciation rights.
• Kogl also holds stock appreciation rights for 2,260 shares exercisable from May 2, 2020, and 2,454 shares exercisable from April 30, 2021.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing reflects routine transactions related to tax obligations and does not necessarily indicate a change in the company's outlook.

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 view of the company's prospects, although disposals to cover tax obligations are common and not necessarily indicative of a negative outlook.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the slight dilution of shares in the market.

Key Dates

Keywords

Form 4, insider trading, stock disposal, stock appreciation rights, Zebra Technologies, beneficial ownership, ZBRA, Kogl Cristen L