Zebra Technologies (ZBRA) CSO logs share grant and tax withholding move

Rhea-AI Filing Summary

Zebra Technologies Corp Chief Strategy Officer Michael Cho reported equity compensation changes and related tax withholding in Class A Common Stock. On March 3, 2026, he acquired 2,859 shares through a grant/award acquisition, bringing his directly held total to 9,816 shares after that transaction.

On March 4, 2026, 180 shares were disposed of in a tax-withholding disposition at a price of $231.42 per share to cover exercise price or tax liability, leaving him with 9,636 directly owned shares following that transaction.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Cho Michael

Role Chief Strategy Officer

Type	Security	Shares	Price	Value
Tax Withholding	Class A Common Stock	180	$231.42	$42K
Grant/Award	Class A Common Stock	2,859	$0.00	--
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Class A Common Stock — 9,636 shares (Direct)

Footnotes (1)

Form 4 Insider Transactions: What Each Field Means →

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^*

Cho Michael

(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)

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

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

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								6,957	D
Class A Common Stock	03/03/2026		A		2,859	A	$0	9,816	D
Class A Common Stock	03/04/2026		F		180	D	$231.42	9,636	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:

Remarks:

	/s/ Cristen Kogl, Attorney-In-Fact	03/05/2026
	** 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.

FAQ

What insider transactions did ZBRA executive Michael Cho report?

Michael Cho reported a share grant and a tax-related share disposition. He received 2,859 Class A Common Stock shares as a grant and later disposed of 180 shares to satisfy exercise price or tax liabilities, according to the disclosed Form 4 transactions.

How many Zebra Technologies (ZBRA) shares did Michael Cho acquire?

Michael Cho acquired 2,859 shares of Zebra Technologies Class A Common Stock through a grant or award. This non-cash acquisition increased his directly held position, with 9,816 shares reported as directly owned immediately following the grant transaction on March 3, 2026.

Why were 180 Zebra Technologies (ZBRA) shares disposed of in Cho’s Form 4?

The 180 shares were disposed of as a tax-withholding transaction. The filing labels it as payment of exercise price or tax liability by delivering securities, at a reported transaction price of $231.42 per share on March 4, 2026.

What is Michael Cho’s Zebra Technologies (ZBRA) share ownership after these transactions?

After the reported transactions, Michael Cho directly owns 9,636 shares of Zebra Technologies Class A Common Stock. This figure reflects the 2,859-share grant on March 3, 2026, and the 180-share tax-withholding disposition reported on March 4, 2026.

Were Michael Cho’s Zebra Technologies (ZBRA) transactions open-market buys or sells?

The reported transactions were not open-market buys or sells. One was a grant or award acquisition of 2,859 shares, and the other was a tax-withholding disposition of 180 shares used to cover exercise price or tax liabilities.