Form 4: Zebra Technologies Executive Tamara Dionne Froese Reports Stock Disposal
SEC Form 4 Filing
Tamara Dionne Froese, Chief Supply Chain Officer at Zebra Technologies, reported disposing of 16 shares of Class A Common Stock to cover tax obligations.
Summary
- On September 13, 2024, Tamara Dionne Froese, Chief Supply Chain Officer of Zebra Technologies Corp, disposed of 16 shares of Class A Common Stock.
- The transaction was executed at a price of $337.48 per share.
- This disposal was likely to cover tax obligations related to vested stock appreciation rights.
- Following the transaction, Froese directly owns 3,240 shares of Class A Common Stock.
- Froese also holds stock appreciation rights (SARs) for 164 shares of Class A Common Stock, which vest on April 30, 2024.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction related to executive compensation and does not indicate any significant positive or negative sentiment.
Industry Context
Executive stock transactions are a common occurrence and are closely monitored by investors for insights into a company's performance and management's confidence.
Comparison to Industry Standards
- Executive compensation packages, including stock options and restricted stock units, are standard practice among publicly traded companies like Zebra Technologies.
- Companies such as Honeywell, and Datalogic also utilize similar equity-based compensation strategies to align executive interests with shareholder value.
- The vesting schedules and exercise prices of stock appreciation rights are generally benchmarked against industry peers to ensure competitiveness and retention.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on shareholders, employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 04/30/2021 | 82 Stock Appreciation Rights vested |
| 04/30/2022 | 82 Stock Appreciation Rights vested |
| 04/30/2023 | 82 Stock Appreciation Rights vested |
| 04/30/2024 | 82 Stock Appreciation Rights vest |
| 09/13/2024 | Tamara Dionne Froese disposed of 16 shares of Class A Common Stock |
| 09/17/2024 | Date of Form 4 filing |
| 04/30/2027 | Expiration date of Stock Appreciation Right |
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