Earnings Feed
Start Free
Motorola Solutions, Inc.·4

Mar 11, 4:13 PM ET

SAPTHARISHI MAHESH 4

Research Summary

AI-generated summary

Updated

Motorola Solutions (MSI) EVP/CTO Saptharishi Mahesh Exercises Options

What Happened

  • Saptharishi Mahesh, EVP and CTO of Motorola Solutions, had multiple equity events on March 9, 2026: performance-based stock options vested and market stock units (MSUs) converted/paid out. He acquired 19,038 shares from vested performance-based options and received MSU-related shares (2,567 acquired, 1,484 converted/disposed). To satisfy tax withholding obligations, the company withheld/disposed a total of 5,400.88 shares at $458.03 per share, generating about $2,473,765 in proceeds.
  • These were not open-market purchases or discretionary sales by the insider; they reflect awards vesting/conversion and routine withholding to cover taxes.

Key Details

  • Transaction date: March 9, 2026 (Form 4 filed March 11, 2026 — timely filing).
  • Major line items reported:
    • A (Award): 19,038 shares acquired (vested performance-based options; F7).
    • M (Exercise/Conversion): 2,567 shares acquired (MSU payout; F3).
    • M (Exercise/Conversion): 1,484 shares converted and reported as disposed (part of MSU vesting; F3).
    • F (Tax withholding): 4,159.73 shares withheld at $458.03 → $1,905,281 (to satisfy tax withholding on PSUs; F1).
    • F (Tax withholding): 1,241.15 shares withheld at $458.03 → $568,484 (also for tax withholding).
    • Total shares withheld/disposed for taxes: 5,400.88 shares for ~$2.47M.
  • Shares owned after the transactions: not specified in the provided report.
  • Transaction codes: A = award/grant, M = exercise/conversion of derivative, F = shares withheld to cover tax liability.
  • Notes from footnotes: MSU payout included a 173% payout factor on the March 9, 2023 grant (F3, F5-F6); the 19,038 options vested based on meeting performance objectives (F7).

Context

  • These events are largely administrative: options and MSUs vested/converted and some shares were withheld to meet tax obligations. That withholding is routine and is not the same as an open-market sale for cash by the insider.
  • For retail investors: vesting/award receipts increase the insider’s exposure to company stock, while withholding is a standard tax-related disposal and not an indicator of a deliberate sell decision.