BROWN GREGORY Q 4
4 · Motorola Solutions, Inc. · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
Motorola Solutions CEO Gregory Brown Exercises Options, Sells Stock
What Happened
Gregory Q. Brown, Chairman & CEO of Motorola Solutions (MSI), exercised 28,435 stock options at $81.37 per share (cash paid $2,313,756) on March 4, 2026, and sold the same approximate number of shares in multiple open-market transactions that day, generating roughly $13.59 million in proceeds. The filing also shows a derivative conversion/disposition of 28,435 shares at $0, which commonly reflects shares surrendered or withheld in connection with the option exercise or for tax withholding.
Key Details
- Transaction date: March 4, 2026; Form 4 filed March 6, 2026 (timely, within the 2-business‑day window).
- Option exercise: 28,435 shares exercised at $81.37 each — total cost $2,313,756.
- Open-market sales (all Mar 4, 2026):
- 7,832 shares at a weighted avg $478.83 — ~$3,750,214 (price range $478.47–$479.37).
- 13,451 shares at a weighted avg $478.14 — ~$6,431,442 (price range $477.59–$478.46).
- 3,218 shares at a weighted avg $477.03 — ~$1,535,077 (price range $476.66–$477.51).
- 3,934 shares at a weighted avg $476.28 — ~$1,873,674 (price range $475.83–$476.59).
- Total sale proceeds ≈ $13,590,407.
- Derivative entry: 28,435 shares shown disposed at $0 (derivative conversion), likely tied to the exercise/withholding.
- Shares owned after the transactions: not specified in the provided excerpt of the filing.
- Notable footnotes: weighted-average sale prices and price ranges are provided (F2–F5); other footnotes reference shares held in various family and gift trusts and ESPP/dividend reinvestment (F1, F7–F11).
Context
This was an exercise of options followed by immediate open‑market sales — often described as a cashless exercise where exercised shares are sold to cover exercise cost, tax withholding, or diversification. Sales by executives can be routine (taxes, liquidity, diversification) and do not by themselves indicate positive or negative views of the company; the filing is informational.
Insider Transaction Report
- Exercise/Conversion
Motorola Solutions, Inc. - Common Stock
[F1]2026-03-04$81.37/sh+28,435$2,313,756→ 119,155.73 total - Sale
Motorola Solutions, Inc. - Common Stock
[F2][F1]2026-03-04$478.83/sh−7,832$3,750,214→ 111,323.73 total - Sale
Motorola Solutions, Inc. - Common Stock
[F3][F1]2026-03-04$478.14/sh−13,451$6,431,442→ 97,872.73 total - Sale
Motorola Solutions, Inc. - Common Stock
[F4][F1]2026-03-04$477.03/sh−3,218$1,535,077→ 94,654.73 total - Sale
Motorola Solutions, Inc. - Common Stock
[F5][F1]2026-03-04$476.28/sh−3,934$1,873,674→ 90,720.73 total - Exercise/Conversion
Performance Options
[F11]2026-03-04−28,435→ 350,000 totalExercise: $81.37Exp: 2027-03-09→ Motorola Solutions, Inc. - Common Stock (28,435 underlying)
- 6.13(indirect: By 401(k))
Motorola Solutions, Inc. - Common Stock
[F6] - 2,220(indirect: By Spouse)
Motorola Solutions, Inc. - Common Stock
- 81,000(indirect: By Trust)
Motorola Solutions, Inc. - Common Stock
[F7] - 21,580(indirect: By Trust)
Motorola Solutions, Inc. - Common Stock
[F8] - 14,343(indirect: By Trust)
Motorola Solutions, Inc. - Common Stock
[F9] - 13,246(indirect: By Trust)
Motorola Solutions, Inc. - Common Stock
[F10] - 62,004(indirect: By Trust)
Motorola Solutions, Inc. - Common Stock
- 120,500(indirect: By Trust)
Motorola Solutions, Inc. - Common Stock
Footnotes (11)
- [F1]Includes shares acquired under the Motorola Solutions Employee Stock Purchase Plan and through the reinvestment of dividends.
- [F10]These shares are held in a non-exempt gift trust for the benefit of the reporting person's child. The reporting person's wife is trustee of this trust.
- [F11]These performance based stock options vested on March 9, 2020, upon the attainment of the satisfaction of certain financial performance objectives.
- [F2]$478.8322 is the weighted average sales price. Prices for this transaction ranged from $478.47 to $479.37. The reporting person undertakes to provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- [F3]$478.1386 is the weighted average sales price. Prices for this transaction ranged from $477.59 to $478.46. The reporting person undertakes to provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- [F4]$477.0283 is the weighted average sales price. Prices for this transaction ranged from $476.66 to $477.51. The reporting person undertakes to provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- [F5]$476.2771 is the weighted average sales price. Prices for this transaction ranged from $475.83 to $476.59. The reporting person undertakes to provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- [F6]Based on plan statement as of March 2, 2026.
- [F7]These shares are held in an irrevocable trust for the benefit of the reporting person's wife and children. The reporting person's wife is trustee of this trust.
- [F8]These shares are held in a family trust for the benefit of the reporting person's children. The reporting person's child is trustee of this trust
- [F9]These shares are held in a non-exempt gift trust for the benefit of the reporting person's child. The reporting person's wife is trustee of this trust.