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Motorola Solutions, Inc.·4

Mar 16, 4:18 PM ET

SAPTHARISHI MAHESH 4

Research Summary

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Motorola (MSI) EVP Saptharishi Mahesh Exercises MSUs, Sells Shares for Taxes

What Happened
Saptharishi Mahesh, EVP & CTO of Motorola Solutions (MSI), had market stock units (MSUs) vest and convert into common shares in mid‑March 2026. The filing shows MSU-related conversions/awards totaling 3,951 shares (reported as derivative acquisitions). To satisfy tax withholding on the vesting, 612.6 shares were surrendered/disposed on 2026-03-13 for $473.12 each ($289,833) and 852.89 shares were surrendered/disposed on 2026-03-14 for $473.12 each ($403,519) — about 1,465.49 shares and ~$693,352 in total. The share conversions themselves show $0 acquisition price because MSUs convert into shares rather than being purchased.

Key Details

  • Transaction dates: primary events reported 2026-03-12 through 2026-03-14; Form 4 filed 2026-03-16.
  • Tax withholding (code F): 612.6 shares @ $473.12 = $289,833 (3/13/2026); 852.89 shares @ $473.12 = $403,519 (3/14/2026).
  • MSU conversions/exercises (code M/A): MSU awards/vests reported as acquired/converted at $0 (derivative-to-share conversion).
  • Footnotes: First tranche vested (1,174 MSUs) paid out 1,267 shares (108% payout; included 93 above target). Second tranche vested (1,260 MSUs) paid out 1,764 shares (140% payout; included 504 above target). MSUs convert 1-for-1 but actual payout varies 0–200% based on share‑price performance. One‑third of an MSU award vests each year (subject to price threshold).
  • Shares owned after transaction: not specified in the information provided.
  • Filing timeliness: reported filed 2026-03-16 covering mid‑March events; no late‑filing flag indicated in the supplied data.

Context
MSUs are performance‑based restricted units that convert into shares at vesting; payout amounts can exceed target depending on stock price performance (here, 108% and 140% payouts are noted). The disposals reported were tax‑withholding/cashless disposition transactions (routine when awards vest) and do not necessarily indicate a decision to sell for investment reasons. Transaction codes: M = exercise/conversion of derivative, A = grant/award, F = payment of exercise price or tax liability (withholding).