Kogl Cristen L 4

What Happened

• Cristen L. Kogl, Chief Legal Officer of Zebra Technologies (ZBRA), was awarded 2,444 shares on Feb 3, 2026. The filing reports an acquisition price of $0 because these shares result from a previously granted performance-based restricted stock award (PVRS) whose payout was just determined.

Key Details

• Transaction date: 2026-02-03; reported on Form 4 filed 2026-02-05 (timely).
• Transaction code: A (award/grant); acquired 2,444 shares at $0.00 (reported value $0).
• Shares owned after transaction: not specified in the excerpt provided.
• Footnote F1: These shares come from a PVRS originally granted May 4, 2023, with a 3-year performance period ending Dec 31, 2025; the final share count was determined Feb 3, 2026 and the PVRS will vest on May 4, 2026.
• Footnotes F2 and F3 in the filing refer to stock appreciation rights (SARs) that became exercisable in prior years; they are unrelated to this particular award.

Context

• This was an award/vesting determination tied to company performance, not an open-market purchase or sale. The grant becomes vested on May 4, 2026 (per F1), so it does not represent an immediate sale or cash exercise. Such performance-based awards reflect formulaic compensation outcomes, not direct trading intent.