Form 4: Zebra Technologies Executive Sells Shares to Cover Tax Obligations

Robert John Armstrong Jr., Chief Marketing Officer of Zebra Technologies, disposed of 276 shares of Class A Common Stock to satisfy tax withholding obligations.

Summary

• On August 14, 2024, Robert John Armstrong Jr., the Chief Marketing Officer of Zebra Technologies, disposed of 276 shares of Class A Common Stock.
• The transaction was executed at a price of $333.24 per share.
• This disposal was to cover tax obligations related to vested stock appreciation rights.
• Following the transaction, Armstrong directly owns 4,969 shares of Class A Common Stock.
• Armstrong also holds stock appreciation rights (SARs) that convert into Class A Common Stock, with 166 SARs exercisable at $205.12 and 198 SARs exercisable at $244.97.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track executive sentiment and potential future actions.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale of shares by an executive to cover tax obligations.

Key Dates