MOLLOY JOHN P 4

What Happened

• On March 9, 2026, Motorola Solutions EVP and COO John P. Molloy had several equity events: 20,704 performance-based stock options vested and converted into shares, and a tranche of market stock units (MSUs) vested/payout (2,792 shares paid out; 1,614 shares reported as vested). The company withheld shares to satisfy tax withholding: 3,910.79 shares and 1,236.86 shares were withheld at $458.03 per share, producing cash values of $1,791,259 and $566,519 respectively (total ≈ $2,357,778).
• The filing shows acquisitions (awarded/converted shares) recorded at $0.00 (derivative conversions/awards) and the tax-withholding share dispositions were reported as sales (code F). These actions are routine post-vesting tax withholdings rather than open-market sales initiated by the insider.

Key Details

• Transaction date: March 9, 2026; Form 4 filed March 11, 2026 (timely).
• Prices and proceeds: withheld shares sold at $458.03; two withholdings produced $1,791,259 and $566,519 (total ≈ $2.36M).
• Shares recorded as acquired: 20,704 (options vesting) and 2,792 (MSU payout). Shares recorded as disposed/withheld for taxes: 3,910.79 and 1,236.86 (plus a 1,614-share disposition entry tied to MSU vesting).
• Notable footnotes:
  • F1: Shares were withheld to satisfy tax withholding on settled performance stock units.
  • F3–F6: MSU mechanics — one-third tranches, payout factor (this tranche paid at 173%), and conversion is 1-for-1 but payout varies based on share-price formulas.
  • F7: 20,704 performance-based options vested based on satisfaction of performance objectives.
• Shares owned after the transaction are not specified in the summary data here; see the full Form 4 for total holdings.

Context

• This was largely a vesting/conversion event (options and MSUs) with company share withholding to satisfy tax obligations — commonly called a cashless or net share settlement. Such withholding sales are routine and do not necessarily signal insider sentiment about future stock performance.
• For derivative awards: MSUs convert into shares based on payout formulas and option vesting was performance-based (per footnotes). This filing reflects acquisition from vesting and simultaneous dispositions for tax withholding.