Form 4: Zebra Technologies Executive Richard Edward Hudson Reports Stock Disposal
SEC Form 4 Filing
Chief Revenue Officer Richard Edward Hudson of Zebra Technologies Corp. reported disposing of 697 shares of Class A Common Stock to cover tax obligations.
Summary
- Richard Edward Hudson, Chief Revenue Officer of Zebra Technologies Corp., filed a Form 4 indicating changes in beneficial ownership.
- On November 3, 2024, Hudson disposed of 697 shares of Class A Common Stock at a price of $384.64.
- This transaction resulted in Hudson's directly held shares decreasing from 5,178 to 4,481.
- The filing also notes Hudson holds 189 Stock Appreciation Rights (SARs) which are unvested and will vest on April 30, 2024.
- These SARs have an exercise price of $244.97 and relate to Class A Common Stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing reflects a routine transaction related to tax obligations and stock compensation.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and actions regarding their company's stock.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it represents a small percentage of the outstanding shares.
- Employees holding stock options or SARs may be interested in the vesting schedule and exercise price.
Key Dates
| Date | Description |
|---|---|
| 04/30/2020 | Date 755 Stock Appreciation Rights were granted, of which 566 have already vested and been exercised. |
| 04/30/2024 | Date 189 unvested Stock Appreciation Rights will vest. |
| 11/03/2024 | Date of the transaction where 697 shares of Class A Common Stock were disposed of. |
| 11/05/2024 | Date of the filing. |
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