YAZDI CYNTHIA 4
4 · Motorola Solutions, Inc. · Filed Mar 11, 2026
Research Summary
AI-generated summary of this filing
Motorola Solutions SVP Cynthia Yazdi Exercises Awards; Shares Withheld
What Happened
- Cynthia Yazdi (SVP, Chief of Staff to the Chairman & CEO) had equity awards vest/convert on March 9, 2026. She was issued 7,852 shares from performance-based awards (vesting of performance options) and 1,058 shares from the third tranche payout of market stock units (MSUs), for a total of 8,910 shares acquired.
- To satisfy tax withholding obligations upon settlement, the company withheld/disposed a total of ~1,724.27 shares in two withholdings (1,262.98 shares and 461.29 shares), valued at about $789,768 ($578,483 + $211,285). The filing was made on March 11, 2026 (two days after the transactions).
Key Details
- Transaction date: March 9, 2026; Filing date: March 11, 2026 (timely).
- Acquisitions: 7,852 shares (award/vesting) and 1,058 shares (MSU payout) — both reported as derivative conversions/grants at $0 purchase price.
- Withheld/disposed for tax: 1,262.98 shares ($578,483) and 461.29 shares ($211,285); total withheld ≈ 1,724.27 shares ≈ $789,768.
- Additional derivative line: 612 shares noted as vested/converted in the MSU tranche reporting (see footnotes describing vesting vs. payout and above-target shares).
- Shares owned after the transaction: not specified in the provided data (plan statement referenced in footnotes).
- Transaction codes: M = option/MSU conversion, A = grant/award, F = tax withholding.
Context
- These transactions reflect routine vesting/conversion of performance-based awards and MSUs and tax-withholding (not open-market sales). The MSU payout included an above-target payout (173% factor) resulting in more shares than the target; 7,852 performance options also vested based on company performance. Withholdings to cover taxes are common and do not necessarily indicate a change in insider sentiment.
Insider Transaction Report
Form 4
YAZDI CYNTHIA
SVP, COS to the Chairman & CEO
Transactions
- Tax Payment
Motorola Solutions, Inc. - Common Stock
[F1][F2]2026-03-09$458.03/sh−1,262.98$578,483→ 8,265.63 total - Exercise/Conversion
Motorola Solutions, Inc. - Common Stock
[F3][F2]2026-03-09+1,058→ 9,323.63 total - Tax Payment
Motorola Solutions, Inc. - Common Stock
[F2]2026-03-09$458.03/sh−461.29$211,285→ 8,862.34 total - Exercise/Conversion
Market Stock Units
[F5][F6]2026-03-09−612→ 0 total→ Motorola Solutions, Inc. - Common Stock (612 underlying) - Award
Performance Options
[F7]2026-03-09+7,852→ 7,852 totalExercise: $265.18Exp: 2033-03-09→ Motorola Solutions, Inc. - Common Stock (7,852 underlying)
Holdings
- 9.73(indirect: By 401(k))
Motorola Solutions, Inc. - Common Stock
[F4]
Footnotes (7)
- [F1]Represents the shares withheld by the Company to satisfy the tax withholding requirement upon settlement (on March 9, 2026 per the award terms) of performance stock units, which were determined to be earned on February 25, 2026 based on performance results for the applicable performance period, as previously reported on a Form 4 as of February 27, 2026.
- [F2]Includes shares acquired under the Motorola Solutions Employee Stock Purchase Plan, and through the reinvestment of dividends.
- [F3]Represents the vesting (612) and payout (1,058) of the third tranche (1/3) of the market stock units (MSU) granted on March 9, 2023 at 173% payout factor and such payment includes 446 shares which were above the target number of shares originally reported.
- [F4]Based on plan statement as of March 2, 2026.
- [F5]Each market stock unit ("MSU") converts into shares of common stock on a 1-for-1 basis but the number of MSUs earned varies from 0% to 200% of the target number of MSUs based on the average of the closing price of the Company's common stock on the date of grant and the thirty calendar days immediately preceding the date of grant (referred to as Share Price on Date of Grant) as compared to the closing share price of the Company's common stock on the vesting date and the thirty calendar days immediately preceding the vesting date (referred to as Share Price on Vesting Date). The target number of MSUs is reported in this Report.
- [F6]One third of the MSU award will vest on each of the first, second and third anniversaries of the date of grant and will be converted into shares of common stock based on a payout factor, provided that the MSUs will only vest if the Share Price on the Vesting Date equals at least 60% of the Share Price on the Date of Grant.
- [F7]Represents the vesting of performance based stock options granted to the reporting person on March 9, 2023 that were eligible to vest on the third anniversary date of the grant or March 9, 2026 based on the satisfaction of certain financial performance objectives. On March 9, 2026, the Company determined that, based on the Company's performance over the applicable performance period, 7,852 options would vest.
Signature
Lauren E. Henderson, on behalf of Cynthia M. Yazdi, Senior Vice President, Chief of Staff to the Chairman and CEO (Power of Attorney on File)|2026-03-11