Armstrong Robert John Jr 4
Research Summary
AI-generated summary
Zebra (ZBRA) CMO Robert Armstrong Withholds 157 Shares
What Happened
Robert John Armstrong Jr., Chief Marketing Officer at Zebra Technologies (ZBRA), had 157 shares disposed on March 16, 2026 to satisfy a tax obligation tied to a prior equity award. The shares were valued at $203.97 each, totaling approximately $32,023. This was a withholding to cover tax liability (routine), not an open-market sale for investment purposes.
Key Details
- Transaction date: 2026-03-16; price per share: $203.97; total value: ~$32,023.
- Transaction type/code: F — payment of exercise price or tax liability (shares disposed/withheld).
- Shares owned after transaction: not specified in this filing.
- Footnote: These were related to stock appreciation rights (SARs) that became exercisable in four equal annual installments beginning April 30, 2021.
- Filing date: 2026-03-18 (filing covered the 3/16 transaction); no late-filing indication in the provided data.
Context
This was a tax-withholding disposition following an award exercise (SARs), meaning shares were retained/used to cover taxes rather than sold on the open market for cash-out. Such withholdings are common and typically administrative rather than a signal of insider sentiment.