Zebra director exercises stock appreciation rights
Zebra Technologies director Anders Gustafsson reported a compensation-related transaction involving stock appreciation rights.
Rhea-AI Filing Summary
Zebra Technologies director Anders Gustafsson reported a compensation-related transaction involving stock appreciation rights. On April 7, 2026, he exercised rights covering 65,635 shares of Class A Common Stock at exercise prices of $51.42 and $205.12 per share. The filing shows 13,900 shares of Class A Common Stock were withheld to cover tax obligations, and he now directly holds 227,492 shares. He also retains stock appreciation rights linked to 20,134 underlying shares at an exercise price of $244.97 expiring on April 30, 2027.
Positive
- None.
Negative
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Insider Trade Summary
65,635 shares exercised/converted
Exercise
8 txns
Insider
GUSTAFSSON ANDERS
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Appreciation Right | 42,256 | $0.00 | $0.00 |
| Exercise | Stock Appreciation Right | 23,379 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 32,057 | $51.42 | $1.65M |
| Exercise Price or Tax Liability | Class A Common Stock | 13,621 | $213.06 | $2.90M |
| Exercise | Class A Common Stock | 805 | $205.12 | $165K |
| Exercise Price or Tax Liability | Class A Common Stock | 279 | $212.44 | $59K |
| holding | Stock Appreciation Right | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Appreciation Right — 20,134 contracts (Direct);
Class A Common Stock — 436,022 shares (Direct)
Footnotes (3)
- F1. These stock appreciation rights became exercisable in four equal annual installments beginning on May 10, 2019.
- F2. These stock appreciation rights became exercisable in four equal annual installments beginning on May 2, 2020
- F3. These stock appreciation rights became exercisable in four equal annual installments beginning on April 30, 2021.
Key Figures
Derivative shares exercised: 65,635 shares
Tax-withholding shares: 13,900 shares
Direct holdings after transaction: 227,492 shares
+3 more
6 metrics
Derivative shares exercised
65,635 shares
Stock appreciation rights into Class A Common Stock on April 7, 2026
Tax-withholding shares
13,900 shares
Class A Common Stock withheld to cover obligations
Direct holdings after transaction
227,492 shares
Class A Common Stock directly owned following Form 4 transactions
Remaining SAR underlying shares
20,134 shares
Stock appreciation rights at $244.97, expiring April 30, 2027
Exercise price tranche 1
$51.42/share
Stock appreciation rights becoming exercisable beginning May 10, 2019
Exercise price tranche 2
$205.12/share
Stock appreciation rights becoming exercisable beginning May 2, 2020
Key Terms
Stock Appreciation Right, tax-withholding disposition, derivative exercise/conversion, Class A Common Stock, +1 more
5 terms
Stock Appreciation Right financial
"security_title: "Stock Appreciation Right" and 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" for F-code transactions"
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.
derivative exercise/conversion financial
"transaction_action: "derivative exercise/conversion" for M-code entries"
Class A Common Stock financial
"underlying_security_title and non-derivative security_title fields"
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 such as 51.4200 and 205.1200"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Anders Gustafsson report at Zebra Technologies (ZBRA)?
Anders Gustafsson reported exercising stock appreciation rights into Class A Common Stock. The Form 4 shows derivative exercises and related tax-withholding dispositions, reflecting routine compensation activity rather than open-market buying or selling of Zebra Technologies shares.
At what prices did Anders Gustafsson exercise Zebra Technologies stock appreciation rights?
The Form 4 reports exercises of stock appreciation rights with exercise prices of $51.42 and $205.12 per share. These rights converted into Class A Common Stock as part of Gustafsson’s equity compensation, according to the transaction details disclosed.
What Zebra Technologies equity does Anders Gustafsson hold after these transactions?
After the reported transactions, Anders Gustafsson directly holds 227,492 shares of Class A Common Stock. He also retains stock appreciation rights tied to 20,134 underlying shares at a $244.97 exercise price, expiring on April 30, 2027.
Are Anders Gustafsson’s Zebra Technologies transactions open-market buys or sells?
The Form 4 reflects derivative exercises and tax-withholding dispositions, not open-market purchases or sales. Code M entries show exercises of stock appreciation rights, while code F entries indicate shares withheld to cover exercise price or tax obligations.
AI-generated analysis. How Rhea-AI works. Not financial advice.
