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Motorola Solutions (MSI) SVP Cynthia Yazdi reports MSU grants, vesting and tax share deliveries

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Motorola Solutions SVP Cynthia Yazdi reported multiple equity compensation events involving market stock units (MSUs) and common stock. On March 12, 2026, she received a grant of 1,314 MSUs, each convertible into one share of common stock, with the actual number earned varying from 0% to 200% of the target based on stock price performance and vesting conditions.

On March 13, 2026, 482 MSUs from a March 13, 2025 grant vested and paid out 520 shares at a 108% payout factor, including 38 shares above the original target. On March 14, 2026, 518 MSUs from a March 14, 2024 grant vested and paid out 725 shares at a 140% payout factor, including 207 shares above target. Across March 13–14, tax obligations were satisfied by delivering 226.72 and 316.1 shares at a price of $473.12 per share.

After these transactions, Yazdi directly held 9,564.52 Motorola Solutions common shares and indirectly held 9.73 shares through the Motorola Solutions, Inc. 401(k) Plan, based on a plan statement as of March 2, 2026. One third of each MSU award vests on each of the first three anniversaries of its grant date, subject to a stock price condition.

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
YAZDI CYNTHIA

(Last) (First) (Middle)
MOTOROLA SOLUTIONS, INC.
500 WEST MONROE ST.

(Street)
CHICAGO IL 60661

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Motorola Solutions, Inc. [ MSI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP, COS to the Chairman & CEO
3. Date of Earliest Transaction (Month/Day/Year)
03/12/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Motorola Solutions, Inc. - Common Stock 03/13/2026 M 520 A $0(1) 9,382.34(2) D
Motorola Solutions, Inc. - Common Stock 03/13/2026 F 226.72 D $473.12 9,155.62(2) D
Motorola Solutions, Inc. - Common Stock 03/14/2026 M 725 A $0(3) 9,880.62(2) D
Motorola Solutions, Inc. - Common Stock 03/14/2026 F 316.1 D $473.12 9,564.52(2) D
Motorola Solutions, Inc. - Common Stock 9.73(4) I Motorola Solutions, Inc. 401(k) Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Market Stock Units (5) 03/12/2026 A 1,314 (6) (6) Motorola Solutions, Inc. - Common Stock 1,314 $0 1,314 D
Market Stock Units (5) 03/13/2026 M 482(6) (6) (6) Motorola Solutions, Inc. - Common Stock 482 $0 963 D
Market Stock Units (5) 03/14/2026 M 518(6) (6) (6) Motorola Solutions, Inc. - Common Stock 518 $0 517 D
Explanation of Responses:
1. Represents the vesting (482) and payout (520) of the first tranche (1/3) of the market stock units (MSU) granted on March 13, 2025 at 108% payout factor and such payment includes 38 shares which were above the target number of shares originally reported.
2. Includes shares acquired under the Motorola Solutions Employee Stock Purchase Plan, and through the reinvestment of dividends.
3. Represents the vesting (518) and payout (725) of the second tranche (1/3) of the market stock units (MSU) granted on March 14, 2024 at 140% payout factor and such payment includes 207 shares which were above the target number of shares originally reported.
4. Based on plan statement as of March 2, 2026.
5. Each market stock unit ("MSU") converts into shares of common stock on a 1-for-1 basis but the number of MSUs earned varies from 0% to 200% of the target number of MSUs based on the average of the closing price of the Company's common stock on the date of grant and the thirty calendar days immediately preceding the date of grant (referred to as Share Price on Date of Grant) as compared to the closing share price of the Company's common stock on the vesting date and the thirty calendar days immediately preceding the vesting date (referred to as Share Price on Vesting Date). The target number of MSUs is reported in this Report.
6. One third of the MSU award will vest on each of the first, second and third anniversaries of the date of grant and will be converted into shares of common stock based on a payout factor, provided that the MSUs will only vest if the Share Price on the Vesting Date equals at least 60% of the Share Price on the Date of Grant.
Remarks:
Lauren E. Henderson, on behalf of Cynthia M. Yazdi, Senior Vice President, Chief of Staff to the Chairman and CEO (Power of Attorney on File) 03/16/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What equity transactions did Motorola Solutions (MSI) executive Cynthia Yazdi report?

Cynthia Yazdi reported MSU grants, vesting, and related common stock issuances. She received 1,314 new market stock units and saw tranches of earlier MSU awards vest and convert into common shares, with part of those shares used to cover tax obligations.

How many Motorola Solutions (MSI) shares does Cynthia Yazdi hold after these Form 4 transactions?

After the reported transactions, Cynthia Yazdi directly held 9,564.52 shares of Motorola Solutions common stock. She also indirectly held 9.73 additional shares through the Motorola Solutions, Inc. 401(k) Plan, based on a plan statement dated March 2, 2026.

What are market stock units (MSUs) in the Motorola Solutions (MSI) compensation reported by Yazdi?

Each Motorola Solutions market stock unit converts into one common share, but the number earned ranges from 0% to 200% of the target. The payout depends on comparing share prices around the grant date and vesting date. The target MSU amount is what gets reported.

How do Motorola Solutions (MSI) MSU vesting schedules work for Cynthia Yazdi’s awards?

One third of each MSU award vests on the first, second, and third anniversaries of the grant date. Vesting occurs only if the share price on the vesting date is at least 60% of the share price on the original grant date, according to the award terms.

Why were some Motorola Solutions (MSI) shares delivered for Cynthia Yazdi’s tax obligations?

Some common shares were delivered to satisfy tax liabilities arising from MSU vesting and payouts. On March 13 and 14, 2026, 226.72 and 316.1 shares, respectively, were used for tax withholding at a price of $473.12 per share.

How did payout factors affect Cynthia Yazdi’s Motorola Solutions (MSI) MSU vesting?

Payout factors above 100% increased the number of shares issued at vesting. A March 13, 2025 MSU grant paid out 520 shares at a 108% factor, while a March 14, 2024 grant paid out 725 shares at a 140% factor, including shares above original targets.
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