Form 4: Zebra Technologies Executive Michael Cho Reports Stock Transactions
SEC Form 4 Filing
Michael Cho, Chief Strategy Officer at Zebra Technologies, reported the acquisition and disposal of company stock and stock appreciation rights.
Summary
- Michael Cho, Chief Strategy Officer of Zebra Technologies, filed a Form 4 detailing his recent transactions in the company's stock.
- On November 12, 2024, Mr. Cho acquired 422 shares of Class A Common Stock at a price of $244.97 per share.
- He also disposed of 124 shares at $401.23 per share and 298 shares at $400.95 per share.
- Additionally, Mr. Cho exercised 1,086 stock appreciation rights (SARs) at a price of $244.97.
- Following these transactions, Mr. Cho directly owns 3,809 shares of Class A Common Stock and 0 derivative securities.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions by an executive, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider trading activity, which is common for executives of publicly traded companies. It provides transparency into the transactions of company insiders.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, as mandated by the Securities and Exchange Commission (SEC).
- The transactions reported are typical for executives who receive stock-based compensation and may exercise options or sell shares for personal financial management.
- Similar filings are made by executives at comparable companies such as Honeywell, Motorola Solutions, and Datalogic, reflecting similar compensation structures and reporting requirements.
Stakeholder Impact
- The transactions may have a minor impact on the stock price, but are unlikely to significantly affect stakeholders.
- The filing provides transparency to shareholders regarding executive stock transactions.
Key Dates
| Date | Description |
|---|---|
| 04/30/2021 | First tranche of 362 stock appreciation rights vested. |
| 04/30/2022 | Second tranche of 362 stock appreciation rights vested. |
| 04/30/2023 | Third tranche of 362 stock appreciation rights vested. |
| 04/30/2024 | Final tranche of 362 stock appreciation rights vested. |
| 11/12/2024 | Date of stock and stock appreciation rights transactions. |
| 11/14/2024 | Date the Form 4 was signed. |
Keywords
Zebra Technologies, Stock Transactions, Form 4, Michael Cho, Stock Appreciation Rights, Insider Trading, Class A Common Stock
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