Motorola Solutions (NYSE: MSI) CFO reports MSU vesting, tax withholding and option grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Motorola Solutions EVP and CFO Jason Winkler reported several equity compensation events. He exercised market stock units, receiving 1,484 shares of common stock, and a related payout delivered an additional 2,567 shares based on a 173% payout factor for the vested tranche.
To cover tax obligations on these vestings, the company withheld 3,572.48 shares and 1,137.18 shares at a price of $458.03 per share, which were delivered back to the issuer rather than sold on the open market. Winkler also received 19,038 performance-based stock options with a conversion price of $265.18 per share that vest on performance conditions.
Following these transactions, he directly holds 19,011.32 shares of Motorola Solutions common stock, plus 13.28 shares held indirectly through the Motorola Solutions, Inc. 401(k) Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,484 shares exercised/converted
Mixed
6 txns
Insider
WINKLER JASON J
Role
EVP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Market Stock Units | 1,484 | $0.00 | -- |
| Grant/Award | Performance Options | 19,038 | $0.00 | -- |
| Tax Withholding | Motorola Solutions, Inc. - Common Stock | 3,572.48 | $458.03 | $1.64M |
| Exercise | Motorola Solutions, Inc. - Common Stock | 2,567 | $0.00 | -- |
| Tax Withholding | Motorola Solutions, Inc. - Common Stock | 1,137.18 | $458.03 | $521K |
| holding | Motorola Solutions, Inc. - Common Stock | -- | -- | -- |
Holdings After Transaction:
Market Stock Units — 0 shares (Direct);
Performance Options — 19,038 shares (Direct);
Motorola Solutions, Inc. - Common Stock — 17,581.5 shares (Direct);
Motorola Solutions, Inc. - Common Stock — 13.28 shares (Indirect, Motorola Solutions, Inc. 401(k) Plan)
Footnotes (1)
- Represents the shares withheld by the Company to satisfy the tax withholding requirement upon settlement (on March 9, 2026 per the award terms) of performance stock units, which were determined to be earned on February 25, 2026 based on performance results for the applicable performance period, as previously reported on a Form 4 as of February 27, 2026. Includes shares acquired under the Motorola Solutions Employee Stock Purchase Plan, and through the reinvestment of dividends. Represents the vesting (1,484) and payout (2,567) of the third tranche (1/3) of the market stock units (MSU) granted on March 9, 2023 at 173% payout factor and such payment includes 1,083 shares which were above the target number of shares originally reported. Based on plan statement as of March 2, 2026. 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. 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. Represents the vesting of performance based stock options granted to the reporting person on March 9, 2023 that were eligible to vest on the third anniversary date of the grant or March 9, 2026 based on the satisfaction of certain financial performance objectives. On March 9, 2026, the Company determined that, based on the Company's performance over the applicable performance period, 19,038 options would vest.
FAQ
What did Motorola Solutions (MSI) CFO Jason Winkler report in this Form 4?
Jason Winkler reported equity compensation activity, not open-market trades. He received shares from vesting market stock units and a related payout, had shares withheld to cover taxes, and was granted performance-based stock options tied to future financial performance conditions.
What new stock options did the Motorola Solutions (MSI) CFO receive?
He received 19,038 performance-based stock options. These options have an exercise price of $265.18 per share and were eligible to vest on March 9, 2026, based on the company meeting specified financial performance objectives over the relevant performance period.
What are market stock units (MSUs) in the Motorola Solutions (MSI) plan?
MSUs convert into common stock on a 1-for-1 basis. However, the number earned can range from 0% to 200% of the target, depending on Motorola Solutions’ average share price at grant versus at vesting over specified 30-day periods.