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

Sentiment:

SEC Form 4


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

Summary

  • On May 4, 2024, Cristen L Kogl disposed of 467 shares of Class A Common Stock at a price of $309.59.
  • On May 5, 2024, Cristen L Kogl disposed of 292 shares of Class A Common Stock at a price of $309.59.
  • On May 6, 2024, Cristen L Kogl disposed of 473 shares of Class A Common Stock at a price of $315.79.
  • These transactions were related to the satisfaction of tax obligations associated with stock appreciation rights.
  • Following these transactions, Cristen L Kogl beneficially owns 14,639 shares of Class A Common Stock.
  • Kogl also holds various stock appreciation rights (SARs) with different exercise prices and expiration dates.

Sentiment

Score: 5

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

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is a common occurrence in publicly traded companies. It provides transparency into the trading activities of key personnel and their holdings in the company.

Comparison to Industry Standards

  • Form 4 filings are standard practice for publicly traded companies and their insiders.
  • The information disclosed is consistent with regulatory requirements for reporting changes in beneficial ownership.
  • Comparable companies such as Honeywell, Datalogic, and Bluebird also have similar insider transaction reporting requirements.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in ownership by a company insider.
  • The impact is likely minimal as the transactions are related to tax obligations and do not indicate a change in the company's fundamentals.

Key Dates

DateDescription
05/11/2019Vesting date for a portion of stock appreciation rights.
08/09/2019Vesting date for a portion of stock appreciation rights.
05/10/2020Vesting date for a portion of stock appreciation rights.
08/09/2020Vesting date for a portion of stock appreciation rights.
05/02/2020Vesting date for a portion of stock appreciation rights.
09/01/2020Vesting date for a portion of stock appreciation rights.
05/11/2020Vesting date for a portion of stock appreciation rights.
05/10/2021Vesting date for a portion of stock appreciation rights.
08/09/2021Vesting date for a portion of stock appreciation rights.
09/01/2021Vesting date for a portion of stock appreciation rights.
04/30/2021Vesting date for a portion of stock appreciation rights.
05/02/2021Vesting date for a portion of stock appreciation rights.
05/11/2021Vesting date for a portion of stock appreciation rights.
05/10/2022Vesting date for a portion of stock appreciation rights.
09/01/2022Vesting date for a portion of stock appreciation rights.
04/30/2022Vesting date for a portion of stock appreciation rights.
05/02/2022Vesting date for a portion of stock appreciation rights.
05/02/2023Vesting date for a portion of stock appreciation rights.
04/30/2023Vesting date for a portion of stock appreciation rights.
04/30/2024Vesting date for a portion of stock appreciation rights.
05/04/2024Date of first reported transaction: disposition of shares.
05/05/2024Date of second reported transaction: disposition of shares.
05/06/2024Date of third reported transaction: disposition of shares.
05/06/2024Exercise date for stock appreciation right.
05/07/2024Date of signature on the Form 4 filing.
05/11/2024Expiration date for stock appreciation right.
08/09/2024Expiration date for stock appreciation right.
05/10/2025Expiration date for stock appreciation right.
09/01/2025Expiration date for stock appreciation right.
05/02/2026Expiration date for stock appreciation right.
04/30/2027Expiration date for stock appreciation right.

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