Form 4: Zebra Technologies Executive Michael Cho Reports Stock Transactions
SEC Form 4 Filing
Michael Cho, Chief Strategy Officer of Zebra Technologies, reports the acquisition and disposal of Class A Common Stock and Stock Appreciation Rights on May 14, 2024.
Summary
- On May 14, 2024, Michael Cho, Chief Strategy Officer of Zebra Technologies, engaged in multiple transactions involving the company's Class A Common Stock and Stock Appreciation Rights (SARs).
- Cho acquired 266 shares of Class A Common Stock at $149.57 and 280 shares at $205.12 through the exercise of SARs.
- He also disposed of 162 shares at $320.47, 384 shares at $320.45, and 1,273 shares at $320.53.
- Following these transactions, Cho directly owns 5,082 shares of Class A Common Stock.
- The transactions also involved the exercise of SARs with exercise prices of $149.57 and $205.12, and the reporting of 1,086 SARs with an exercise price of $244.97.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock transactions by an executive, and doesn't inherently indicate positive or negative sentiment. It's a neutral event from a financial perspective.
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 seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a key executive.
- The transactions do not directly impact employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 05/10/2019 | Vesting date for 499 stock appreciation rights. |
| 05/02/2020 | Vesting date for 389 stock appreciation rights. |
| 05/10/2020 | Vesting date for 499 stock appreciation rights. |
| 04/30/2021 | Vesting date for 362 stock appreciation rights. |
| 05/02/2021 | Vesting date for 390 stock appreciation rights. |
| 05/10/2021 | Vesting date for 499 stock appreciation rights. |
| 04/30/2022 | Vesting date for 362 stock appreciation rights. |
| 05/02/2022 | Vesting date for 390 stock appreciation rights. |
| 05/10/2022 | Vesting date for 500 stock appreciation rights. |
| 04/30/2023 | Vesting date for 362 stock appreciation rights. |
| 05/02/2023 | Vesting date for 390 stock appreciation rights. |
| 04/30/2024 | Vesting date for 362 stock appreciation rights. |
| 05/14/2024 | Date of the reported transactions. |
| 05/10/2025 | Expiration date for stock appreciation rights. |
| 05/02/2026 | Expiration date for stock appreciation rights. |
| 04/30/2027 | Expiration date for stock appreciation rights. |
| 05/16/2024 | Date of signature on the Form 4 filing. |
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