Zebra Technologies (ZBRA) insider reports new stock purchases

Rhea-AI Filing Summary

Zebra Technologies director reports open-market stock purchases. A company director filed a Form 4 showing two purchases of Class A common stock of Zebra Technologies Corporation (ticker ZBRA) on 11/18/2025. One transaction added 701 shares at a weighted average price of $232.90, and a second added 299 shares at a weighted average price of $233.63. After these transactions, the director beneficially owns 3,356 shares of Zebra Technologies Class A common stock held directly.

The prices reported are weighted averages, as the shares were bought in multiple trades within narrow price ranges around the stated amounts.

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
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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^*

Dhanasekaran Satish

(Last) (First) (Middle)

C/O ZEBRA TECHNOLOGIES CORPORATION

3 OVERLOOK POINT

(Street)

LINCOLNSHIRE IL 60069

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
11/18/2025

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
Class A Common Stock								2,356	D
Class A Common Stock	11/18/2025		P		701	A	$232.9(1)	3,057	D
Class A Common Stock	11/18/2025		P		299	A	$233.63(2)	3,356	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $232.49 to $233.45.

2. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $233.53 to $233.80.

Remarks:

	/s/ Cristen Kogl, Attorney-In-Fact	11/20/2025
	** 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 did Zebra Technologies (ZBRA) disclose in this Form 4 filing?

The filing shows that a director of Zebra Technologies Corporation purchased shares of the company’s Class A common stock in open-market transactions and now directly owns 3,356 shares.

How many Zebra Technologies (ZBRA) shares did the director buy on 11/18/2025?

On 11/18/2025, the director purchased 701 shares in one transaction and 299 shares in another, for a total of 1,000 Class A common shares acquired that day.

At what prices were the Zebra Technologies (ZBRA) shares purchased?

The director bought 701 shares at a weighted average price of $232.90 and 299 shares at a weighted average price of $233.63. Each weighted average reflects multiple trades within narrow price ranges.

What does the weighted average price mean in this Zebra Technologies Form 4?

The filing explains that the prices in Column 4 are weighted average prices, meaning the shares were purchased in multiple transactions at prices ranging from $232.49 to $233.45 for one block and from $233.53 to $233.80 for the other.

How many Zebra Technologies (ZBRA) shares does the reporting person own after these transactions?

Following the reported purchases, the director beneficially owns 3,356 shares of Zebra Technologies Class A common stock, held with direct ownership.

Is the Form 4 for Zebra Technologies filed by one or multiple reporting persons?

The Form 4 is indicated as being filed by one reporting person, rather than a group filing by more than one reporting person.