Form 4: Zebra Technologies Executive Tamara Froese Reports Stock Award Vesting and ESPP Share Purchase

Tamara Froese, Chief Supply Chain Officer at Zebra Technologies, reports the vesting of performance-based restricted stock and a purchase of shares through the Employee Stock Purchase Plan.

Summary

• Tamara Froese, Chief Supply Chain Officer of Zebra Technologies, filed a Form 4 detailing changes in her beneficial ownership of company stock.
• On February 5, 2025, 89 shares of Class A Common Stock vested from a previously unreportable performance-based restricted stock (PVRS) grant.
• The PVRS was granted on May 5, 2022, with a three-year performance period ending December 31, 2024.
• The number of shares resulting from the PVRS grant was determined on February 5, 2025, and the PVRS will vest on May 5, 2025.
• Froese also reported the addition of 30 shares purchased in 2024 through Zebra's Employee Stock Purchase Plan (ESPP).
• Following these transactions, Froese beneficially owns 3,359 shares of Class A Common Stock.
• She also holds stock appreciation rights (SAR) for 328 shares, with an exercise price of $244.97, some of which have already vested.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The vesting of performance-based stock suggests the executive met performance goals, and participation in the ESPP indicates confidence in the company. However, it's a routine filing and doesn't contain significant news.

Positives

• The vesting of performance-based restricted stock suggests that performance goals were met during the three-year performance period.
• Participation in the Employee Stock Purchase Plan (ESPP) indicates confidence in the company's future.

Industry Context

Form 4 filings are a routine part of executive compensation and provide transparency into the holdings and transactions of company insiders. This filing indicates standard compensation practices at Zebra Technologies.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive compensation and stock ownership.
• The vesting of performance-based stock may be viewed positively by shareholders as it aligns executive interests with company performance.

Key Dates

Keywords

Zebra Technologies, Tamara Froese, Form 4, Beneficial Ownership, Stock, PVRS, ESPP, SAR, Vesting, Executive Compensation