Motorola Solutions (MSI) CVP Katherine Maher Exercises Options, Sells Shares

What Happened

• Katherine A. Maher, CVP and CAO of Motorola Solutions, exercised stock options and sold shares on August 7, 2026. She acquired 635 shares by exercising options at $265.18 each ($168,389) and 427 shares at $414.12 each ($176,829), for total option exercise cost of $345,218.
• On the same day she disposed of shares in open-market sales: 1,062 shares at $469.69 ($498,811), 637.31 shares at $470.02 ($299,552), 54 shares at $468.22 ($25,284), and 0.71 shares at $470.04 ($334). Total reported sale proceeds were about $823,981.
• Net of the exercise cost, the transactions produced approximately $478,763 in gross proceeds (sales minus exercise cost). The filing shows both the option exercise (M) and subsequent sales (S) on the same date.

Key Details

• Transaction date: August 7, 2026.
• Exercise details: 635 shares @ $265.18 ($168,389) and 427 shares @ $414.12 ($176,829).
• Sales details: total ~1,754.02 shares sold for ~$823,981 (breakdowns above).
• Shares owned after transaction: not specified in the provided excerpt of the Form 4.
• Footnotes of note:
  • F1: Includes shares acquired under the Motorola Solutions Employee Stock Purchase Plan.
  • F2: Based on plan statement as of August 3, 2026.
  • F3: These options vested in three equal annual installments beginning March 9, 2024.
  • F4: These options vest in three equal annual installments beginning March 13, 2026.
• Filing timeliness: no late filing was indicated in the information provided.

Context

• The insider exercised options (derivative transactions, code M) and sold most of the resulting shares the same day. That pattern is commonly a cashless exercise or immediate sale following exercise; the Form 4 shows both the acquisitions and the open-market disposals on Aug 7, 2026.
• These are executive-level transactions by a company officer (not a 10% owner). Sales do not necessarily indicate a change in view of the company's prospects — they can reflect routine option exercises, tax-withholding, or personal liquidity needs. The report is a factual record of the transactions only.