Zebra Technologies (ZBRA) director granted 951 Class A shares at $247.15

Rhea-AI Filing Summary

Modruson Frank Blaise reported acquisition or exercise transactions in this Form 4 filing.

Zebra Technologies Corp director Frank Blaise Modruson received a grant or award of 951 shares of Class A Common Stock on May 19, 2026 at $247.15 per share. This award increased his directly owned stake to 16,311 shares, and is recorded as a grant rather than an open‑market purchase.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Modruson Frank Blaise

Role null

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	951	$247.15	$235K
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Class A Common Stock — 16,311 shares (Direct, null)

Footnotes (1)

Key Figures

Shares granted: 951 shares Grant price: $247.15 per share Shares owned after: 16,311 shares +1 more

4 metrics

Shares granted 951 shares Grant or award of Class A Common Stock on May 19, 2026

Grant price $247.15 per share Transaction price per share for the 951-share grant

Shares owned after 16,311 shares Total Class A Common Stock directly owned after the grant

Prior direct holdings entry 15,360 shares Holding entry for Class A Common Stock before the 951-share grant

Key Terms

Class A Common Stock, Grant, award, or other acquisition, Form 4, direct ownership

4 terms

Class A Common Stock financial

"security_title: "Class A Common Stock""

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.

Grant, award, or other acquisition financial

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

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.

direct ownership financial

"ownership_type: "direct", ownership_code: "D""

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^*

Modruson Frank Blaise

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/19/2026

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)

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								15,360	D
Class A Common Stock	05/19/2026		A		951	A	$247.15	16,311	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	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)

FAQ

What insider transaction did ZBRA director Frank Blaise Modruson report?

Frank Blaise Modruson reported receiving 951 shares of Zebra Technologies Class A Common Stock. The shares were recorded as a grant or award on May 19, 2026 at $247.15 per share, increasing his direct ownership to 16,311 shares after the transaction.

Was the ZBRA insider transaction an open-market purchase or a grant?

The ZBRA insider transaction was a grant or award, not an open-market purchase. The Form 4 shows transaction code A, described as a grant, award, or other acquisition, indicating the 951 shares were received as an award rather than bought in the market.

How many Zebra Technologies (ZBRA) shares does the director hold after this Form 4?

After the reported grant, the director holds 16,311 shares of Zebra Technologies Class A Common Stock directly. This total reflects the addition of 951 awarded shares on May 19, 2026, as disclosed in the Form 4 insider filing data.

What price was used for the 951 Zebra Technologies shares granted to the director?

The 951 Zebra Technologies Class A Common shares were valued at $247.15 per share in the Form 4. This price is listed as the transaction price per share for the grant or award dated May 19, 2026, even though it was not an open-market purchase.

Does the ZBRA Form 4 show any insider sales or only acquisitions?

The ZBRA Form 4 shows only an acquisition via grant and no sales. Transaction summaries list one acquisition of 951 shares under code A and no open-market buys or sells, with the net buy-sell direction reported as neutral in the filing data.