Zebra (ZBRA) CEO exercises SARs, now holds 75,972 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Zebra Technologies Chief Executive Officer Bill Burns exercised stock appreciation rights tied to 4,364 shares of Class A Common Stock at an exercise price of $205.12 per share. As part of the same event, 184 shares were withheld to cover tax obligations at $223.50 per share.
Following these transactions, Burns directly owns 75,972 shares of Class A Common Stock. He also retains stock appreciation rights representing 3,901 underlying shares with an exercise price of $244.97 per share, expiring on April 30, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,364 shares exercised/converted
Mixed
5 txns
Insider
Burns Bill
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Appreciation Right | 4,364 | $0.00 | -- |
| Exercise | Class A Common Stock | 358 | $205.12 | $73K |
| Tax Withholding | Class A Common Stock | 184 | $223.50 | $41K |
| holding | Stock Appreciation Right | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Appreciation Right — 0 shares (Direct);
Class A Common Stock — 76,156 shares (Direct)
Footnotes (1)
- These stock appreciation rights became exercisable in four equal annual installments beginning on May 2, 2020 These stock appreciation rights became exercisable in four equal annual installments beginning on April 30, 2021.
Key Figures
Exercised SARs underlying shares: 4,364 shares
SAR exercise price: $205.12/share
Shares withheld for taxes: 184 shares
+5 more
8 metrics
Exercised SARs underlying shares
4,364 shares
Stock appreciation right exercise on Class A Common Stock
SAR exercise price
$205.12/share
Exercise price for stock appreciation rights
Shares withheld for taxes
184 shares
Tax-withholding disposition at $223.50 per share
Tax withholding share price
$223.50/share
Price used for tax-withholding disposition
Direct shares after transaction
75,972 shares
Direct Class A Common Stock owned by CEO after transactions
Remaining SARs underlying shares
3,901 shares
Underlying shares for remaining stock appreciation rights
Remaining SARs exercise price
$244.97/share
Exercise price for unexercised stock appreciation rights
Remaining SARs expiration
April 30, 2027
Expiration date for remaining stock appreciation rights
Key Terms
Stock Appreciation Right, tax-withholding disposition, Class A Common Stock, exercise price
4 terms
Stock Appreciation Right financial
"security_title: Stock Appreciation Right; underlying Class A Common Stock"
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.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition of 184 shares at $223.50"
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.
Class A Common Stock financial
"underlying_security_title: Class A Common Stock in multiple entries"
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
"conversion_or_exercise_price fields of $205.12 and $244.97 per share"
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.
