Form 4: Zebra Technologies Executive Sells Shares

Sentiment:

SEC Form 4


Joseph Ramsey White, Chief Product & Solutions Officer at Zebra Technologies, sold 1,556 shares of Class A Common Stock at $400.75 per share on November 8, 2024.

Summary

  • On November 8, 2024, Joseph Ramsey White, the Chief Product & Solutions Officer of Zebra Technologies Corp, sold 1,556 shares of Class A Common Stock.
  • The sale price was $400.75 per share.
  • Following the transaction, White directly owns 8,744 shares of Class A Common Stock.
  • White also holds stock appreciation rights (SARs) that are exercisable for Class A Common Stock.
  • These SARs have various vesting schedules and exercise prices.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. The sentiment is neutral as it simply reports the sale of shares by an executive.

Industry Context

This filing is a routine disclosure of insider trading activity, which is common among publicly traded companies. Monitoring these filings can provide insights into management's sentiment regarding the company's stock.

Stakeholder Impact

  • The sale of shares by an executive could be perceived negatively by some shareholders, although it is a relatively small transaction.

Key Dates

DateDescription
05/02/2023623 of the stock appreciation rights subject to this SAR have vested and 312 vest on May 2, 2023.
04/30/2023630 of the stock appreciation rights subject to this SAR have vested and 315 vest on each of April 30, 2023 and 2024.
04/30/2024630 of the stock appreciation rights subject to this SAR have vested and 315 vest on each of April 30, 2023 and 2024.
11/08/2024Date of the transaction where 1,556 shares of Class A Common Stock were disposed of.
11/12/2024Date of signature of the Form 4 filing.
05/10/2025Expiration date for stock appreciation rights with an exercise price of $149.57.
05/02/2026Expiration date for stock appreciation rights with an exercise price of $205.12.
04/30/2027Expiration date for stock appreciation rights with an exercise price of $244.97.

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