Form 4: Zebra Technologies Executive Acquires Shares and Stock Appreciation Rights
SEC Form 4 Filing
Jeffrey F. Schmitz, Chief People Officer of Zebra Technologies, reports the acquisition of company shares and stock appreciation rights.
Summary
- On May 2, 2024, Jeffrey F. Schmitz, Chief People Officer of Zebra Technologies, acquired 2,589 shares of Class A Common Stock at a price of $309.05 per share.
- Following the transaction, Schmitz directly owns 11,648 shares of Class A Common Stock.
- Schmitz also holds stock appreciation rights (SARs) with varying exercise prices and expiration dates.
- These SARs relate to Class A Common Stock and vest over several years.
Sentiment
Score: 6
Explanation: Neutral sentiment. The document simply reports a transaction. The acquisition of shares by an executive is generally viewed as a positive sign, but without additional context, the sentiment is moderately positive.
Positives
- The acquisition of shares by a company executive can be seen as a positive signal, indicating confidence in the company's future performance.
Industry Context
Insider transactions are routinely monitored as indicators of management's perspective on the company's valuation and prospects. This filing is a standard part of regulatory compliance for corporate insiders.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/10/2019 | Vesting date for 562 stock appreciation rights. |
| 05/02/2020 | Vesting date for 436 stock appreciation rights. |
| 05/10/2020 | Vesting date for 562 stock appreciation rights. |
| 04/30/2021 | Vesting date for 393 stock appreciation rights. |
| 05/02/2021 | Vesting date for 436 stock appreciation rights. |
| 05/10/2021 | Vesting date for 562 stock appreciation rights. |
| 04/30/2022 | Vesting date for 393 stock appreciation rights. |
| 05/02/2022 | Vesting date for 437 stock appreciation rights. |
| 05/10/2022 | Vesting date for 563 stock appreciation rights. |
| 04/30/2023 | Vesting date for 393 stock appreciation rights. |
| 05/02/2023 | Vesting date for 437 stock appreciation rights. |
| 04/30/2024 | Vesting date for 394 stock appreciation rights. |
| 05/02/2024 | Date of transaction: Acquisition of 2,589 shares of Class A Common Stock. |
| 05/06/2024 | Date of filing. |
| 05/10/2025 | Expiration date for stock appreciation rights with exercise price of $149.57. |
| 05/02/2025 | Vesting date for 863 restricted stock units. |
| 05/02/2026 | Vesting date for 863 restricted stock units and 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. |
| 05/02/2027 | Vesting date for 863 restricted stock units. |
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