4/A: Zebra Technologies Executive Corrects Stock Ownership in Amended SEC Filing
SEC Form 4/A (Amendment)
Richard Edward Hudson, Chief Revenue Officer of Zebra Technologies, files an amended Form 4 to correct a previously reported inaccurate acquisition of company stock.
Summary
- Richard Edward Hudson, Chief Revenue Officer of Zebra Technologies, filed an amended Form 4 with the SEC on June 11, 2024.
- This amendment corrects a previous filing from May 6, 2024, which mistakenly reported an acquisition of 2,977 shares of common stock that did not occur.
- As of May 1, 2024, Hudson's actual holdings were 5,355 shares of Class A Common Stock.
- The filing also details Hudson's ownership of stock appreciation rights (SARs), with 189 unvested SARs remaining that will vest on April 30, 2024.
- The exercise price of the SARs is $244.97.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. The filing corrects an error, which is a good sign of transparency. The executive's stock ownership is also a positive indicator.
Negatives
- A previous filing contained inaccurate information regarding the acquisition of 2,977 shares of common stock.
Industry Context
This filing is a routine disclosure related to executive stock ownership and is required by the SEC to ensure transparency in trading by company insiders. It is common for executives to hold stock and stock-based compensation, and these filings provide investors with insights into their holdings.
Stakeholder Impact
- The correction of the filing ensures accurate information for shareholders regarding executive stock ownership.
Key Dates
| Date | Description |
|---|---|
| 04/30/2020 | 755 Stock Appreciation Rights (SARs) were granted. |
| 05/01/2024 | Reporting person owned 5,355 shares of common stock. |
| 05/02/2024 | Date of earliest transaction. |
| 05/06/2024 | Date of original Form 4 filing that contained an error. |
| 04/30/2024 | 189 unvested Stock Appreciation Rights (SARs) will vest. |
| 04/30/2027 | Expiration date of Stock Appreciation Rights (SARs). |
| 06/11/2024 | Date of amended Form 4/A filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.