Zebra Technologies (ZBRA) CMO records routine tax-withholding share moves
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Zebra Technologies Chief Marketing Officer Robert John Armstrong Jr. reported routine share movements related to equity compensation. On May 4, 2026, 367 shares of Class A Common Stock were disposed of at $223.73 per share as a tax-withholding disposition, meaning shares were withheld to cover tax obligations rather than sold in the open market.
An earlier entry dated May 2, 2026 shows an additional 147-share tax-withholding disposition at $227.08 per share. After these events, Armstrong directly holds 7,459 shares of Class A Common Stock. He also holds a Stock Appreciation Right tied to 198 underlying shares with an exercise price of $244.97 per share, expiring on April 30, 2027, which became exercisable in four equal annual installments beginning on April 30, 2021.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Armstrong Robert John Jr
Role
Chief Marketing Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 367 | $223.73 | $82K |
| Tax Withholding | Class A Common Stock | 147 | $227.08 | $33K |
| holding | Stock Appreciation Right | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 7,459 shares (Direct, null);
Stock Appreciation Right — 198 shares (Direct, null)
Footnotes (1)
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Key Figures
Tax-withheld shares (May 4, 2026): 367 shares at $223.73/share
Tax-withheld shares (May 2, 2026): 147 shares at $227.08/share
Total tax-withheld shares: 514 shares
+5 more
8 metrics
Tax-withheld shares (May 4, 2026)
367 shares at $223.73/share
Class A Common Stock withheld for tax liability
Tax-withheld shares (May 2, 2026)
147 shares at $227.08/share
Class A Common Stock withheld for tax liability
Total tax-withheld shares
514 shares
Sum of F-code tax-withholding dispositions
Shares held after transactions
7,459 shares
Direct Class A Common Stock holdings post-disposition
Stock Appreciation Right exercise price
$244.97/share
Exercise price for SAR on 198 underlying shares
Underlying shares for SAR
198 shares
Class A Common Stock underlying Stock Appreciation Right
SAR expiration date
April 30, 2027
End of exercisability period for Stock Appreciation Right
SAR vesting start
April 30, 2021
Became exercisable in four equal annual installments
Key Terms
tax-withholding disposition, Stock Appreciation Right, Class A Common Stock, exercise price, +1 more
5 terms
tax-withholding disposition financial
"disposed of at $223.73 per share as a tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Stock Appreciation Right financial
"He also holds a Stock Appreciation Right tied to 198 underlying shares"
A stock appreciation right (SAR) is a form of employee pay that gives the holder the right to receive the increase in a company's share price over a set reference price, paid in cash or shares, without having to buy stock first. It matters to investors because SARs can create future cash outflows or dilute existing shareholders if settled in stock, and they align employee incentives with share-price performance like a bonus tied to a home's price rise.
Class A Common Stock financial
"367 shares of Class A Common Stock were disposed of"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
exercise price financial
"with an exercise price of $244.97 per share, expiring on April 30, 2027"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transactions did Zebra Technologies (ZBRA) report for its CMO?
Zebra Technologies’ Chief Marketing Officer reported two tax-related share dispositions, totaling 514 Class A Common shares. These were coded as F transactions, meaning shares were withheld by the company to satisfy tax liabilities, not sold on the open market.
What were the prices used for the Zebra Technologies (ZBRA) tax-withholding dispositions?
The company withheld 367 shares at $223.73 per share on May 4, 2026, and 147 shares at $227.08 per share on May 2, 2026. These per-share values determine the tax-withholding amounts tied to the equity compensation events.
What stock appreciation rights does the Zebra Technologies (ZBRA) CMO hold?
The CMO holds a Stock Appreciation Right over 198 underlying Class A shares with an exercise price of $244.97 per share, expiring on April 30, 2027. These rights became exercisable in four equal annual installments beginning April 30, 2021.
Are the Zebra Technologies (ZBRA) insider transactions part of a larger derivative position?
Yes, beyond common shares, the CMO maintains a derivative position via Stock Appreciation Rights on 198 underlying shares. This award, exercisable since 2021 in annual installments, provides additional equity-linked exposure until its April 30, 2027 expiration date.