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Motorola Solutions, Inc.·4

Mar 16, 4:18 PM ET

WINKLER JASON J 4

Research Summary

AI-generated summary

Updated

Motorola Solutions CFO Jason Winkler Exercises MSUs; Sells $635K

What Happened

  • Jason J. Winkler, EVP and CFO of Motorola Solutions (MSI), had two tranches of market stock units (MSUs) vest and convert into common shares in mid‑March 2026. He received 1,267 shares (first tranche payout) and 1,764 shares (second tranche payout), a total of 3,031 shares issued on conversion. To satisfy tax-withholding obligations, 561.28 shares were sold on March 13, 2026 and 781.45 shares were sold on March 14, 2026 at $473.12 per share, generating total proceeds of $635,273. These sales are coded “F” (payment of exercise price or tax liability).

Key Details

  • Transaction dates and amounts:
    • March 12, 2026: Grant of 3,951 MSUs (reported as derivative award; target number).
    • March 13, 2026: First tranche vested — 1,174 MSUs vested (derivative extinguished) and 1,267 shares paid out; 561.28 shares sold for tax withholding at $473.12 each ($265,553).
    • March 14, 2026: Second tranche vested — 1,260 MSUs vested and 1,764 shares paid out; 781.45 shares sold for tax withholding at $473.12 each ($369,720).
  • Total shares received from payouts: 3,031; total shares sold for taxes: ~1,343; net new shares retained ≈ 1,688.
  • Total proceeds from withholding sales: $635,273 (both sales at $473.12/share).
  • Footnotes: First tranche relates to MSUs granted March 13, 2025 (payout included 93 shares above target); second tranche relates to MSUs granted March 14, 2024 (payout included 504 shares above target). MSUs convert 1-for-1 but payout varies (0–200%) based on share‑price performance; vesting occurs in three annual tranches and requires a minimum share‑price threshold.
  • Shares owned after the transactions are not specified in the excerpt of this filing.

Context

  • These transactions are routine MSU vesting and tax-withholding sales (cashless withholding) rather than open-market discretionary sales. MSUs are performance-based restricted units; the filing shows conversion of vested MSUs into shares and sale of a portion to cover taxes. This is informational for shareholders but does not itself indicate the CFO’s directional view of the stock.