Burns Bill 4/A

What Happened Bill Burns, CEO of Zebra Technologies (ZBRA), was granted 12,387 shares as a performance-based restricted stock award (recorded as an acquisition at $0.00) on February 4, 2026. The grant represents the settled number from a PVRS award originally granted May 4, 2023 after a three-year performance period ending Dec 31, 2025. The PVRS will vest on May 4, 2026. This Form 4 is an amendment correcting a previous report that overstated the award (12,673 shares); the corrected count is 12,387.

Key Details

• Transaction date: February 4, 2026 — Award (code A) of 12,387 shares at $0.00 (non-cash grant).
• Vesting: PVRS determined Feb 4, 2026; vests May 4, 2026 (original grant date May 4, 2023; three-year performance period ended Dec 31, 2025).
• Shares owned after transaction: Not disclosed in the provided filing.
• Filing/Amendment: Original Form 4 filed Feb 5, 2026 incorrectly reported 12,673 shares; this amended Form 4 (filed May 21, 2026) corrects the amount. The amendment was filed after the original report.
• Footnote: The award stems from previously unreportable performance-based restricted stock (PVRS) granted May 4, 2023; the final payout amount was only determinable after the performance period ended.

Context

• This was an award/grant (not an open-market purchase or sale), so it does not represent a buy/sell signal; it reflects compensation tied to prior performance metrics.
• The amendment corrected the reported share count; investors should rely on the amended numbers for ownership and compensation analyses.