Zebra Technologies (NASDAQ: ZBRA) CLO receives 2,395-share performance-based stock award

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

4/A

Rhea-AI Filing Summary

Kogl Cristen L reported acquisition or exercise transactions in this Form 4 filing.

Zebra Technologies Chief Legal Officer Cristen L. Kogl received an award of 2,395 shares of Class A common stock as equity compensation. The shares were earned from a performance-based restricted stock (PVRS) grant originally awarded on May 4, 2023, for a three-year performance period ending December 31, 2025.

The number of shares from this PVRS grant was determined on February 3, 2026, and the award is scheduled to vest on May 4, 2026. After this grant, Kogl directly holds 19,431 Zebra Technologies shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Kogl Cristen L

Role Chief Legal Officer

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	2,395	$0.00	--

Holdings After Transaction: Class A Common Stock — 19,431 shares (Direct, null)

Footnotes (1)

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Key Figures

Equity award shares: 2,395 shares Shares held after transaction: 19,431 shares PVRS performance period end: December 31, 2025 +2 more

5 metrics

Equity award shares 2,395 shares Performance-based restricted stock (PVRS) determined February 3, 2026

Shares held after transaction 19,431 shares Direct holdings after February 3, 2026 award

PVRS performance period end December 31, 2025 Three-year performance period for May 4, 2023 PVRS grant

PVRS grant date May 4, 2023 Original grant date of performance-based restricted stock

PVRS vesting date May 4, 2026 Scheduled vesting date for earned PVRS shares

Key Terms

performance-based restricted stock, PVRS, vest, grant, award, or other acquisition

4 terms

performance-based restricted stock financial

"Previously unreportable performance-based restricted stock (PVRS) granted on May 4, 2023"

Shares granted to employees or executives that are held back and only become actual, tradable stock if the company meets predefined performance targets; until those goals are met the shares cannot be sold. Think of it like a bonus held in escrow that’s released only when specific results are achieved — investors watch these awards because they tie management pay to company outcomes, can dilute existing shareholders when released, and signal how confident or incentivized insiders are to meet growth or profitability goals.

PVRS financial

"The number of shares to result from this PVRS grant was determined"

vest financial

"the PVRS will vest on May 4, 2026"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

Form 4 Insider Transactions: What Each Field Means →

05/21/2026 - 05:58 PM

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^*

Kogl Cristen L

(Last)

(First)

(Middle)

C/O ZEBRA TECHNOLOGIES CORPORATION

3 OVERLOOK POINT

(Street)

LINCOLNSHIRE

ILLINOIS

60069

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
ZEBRA TECHNOLOGIES CORP [ ZBRA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Legal Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
02/03/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)
02/05/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	02/03/2026		A		2,395⁽¹⁾	A	$0	19,431	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Previously unreportable performance-based restricted stock (PVRS) granted on May 4, 2023, with a three-year performance period ended December 31, 2025. The number of shares to result from this PVRS grant was determined on February 3, 2026, and the PVRS will vest on May 4, 2026.

Remarks:

On February 5, 2026, the reporting person filed a Form 4 which, due to an administrative error, incorrectly reported that the reporting person was awarded 2,444 shares on February 3, 2026. In fact, as reported in this amendment, the reporting person was awarded 2,395 shares on such date.

	/s/ Derek Spychalski, Attorney-In-Fact	05/21/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did ZBRA report for Cristen L. Kogl?

Zebra Technologies reported that Chief Legal Officer Cristen L. Kogl received 2,395 shares of Class A common stock as an equity award. The shares were earned from a performance-based restricted stock grant tied to results through December 31, 2025.

Was the ZBRA insider transaction an open-market stock purchase or sale?

The transaction was not an open-market trade. It reflects a grant or award acquisition of 2,395 shares from a performance-based restricted stock (PVRS) program, recorded at a price of $0.00 per share as part of compensation, rather than a market purchase or sale.

When does Cristen L. Kogl’s ZBRA performance-based award vest?

The PVRS award earned by Cristen L. Kogl is scheduled to vest on May 4, 2026. The underlying performance period ran three years, ending December 31, 2025, with the resulting 2,395 shares determined on February 3, 2026 before vesting.

How many ZBRA shares does Cristen L. Kogl hold after this Form 4/A?

Following this equity award, Cristen L. Kogl directly holds 19,431 shares of Zebra Technologies Class A common stock. This figure reflects her position after the 2,395-share performance-based restricted stock grant recorded in the amended Form 4 filing.

What is the nature of the ZBRA PVRS grant mentioned in the filing?

The filing describes a performance-based restricted stock (PVRS) grant originally awarded on May 4, 2023. It had a three-year performance period ending December 31, 2025, with the final 2,395-share amount determined on February 3, 2026 and vesting set for May 4, 2026.