MOORE KATHRYN A 4
Research Summary
AI-generated summary
Motorola SVP Kathryn Moore Receives MSU Payout; Shares Withheld
What Happened
Kathryn A. Moore, Senior Vice President, Human Resources at Motorola Solutions (MSI), had a tranche of market stock units (MSUs) vest and convert into common shares. The filing shows a March 12 grant of 1,242 MSU-target shares and subsequent conversions/vestings on March 13 (320-share payout and 297-share vesting entry). To satisfy tax withholding on the payout, about 229.92 shares were surrendered (disposed) in two withholding transactions valued at $473.12 per share, totaling approximately $108,779.
Key Details
- Transaction dates: March 12–14, 2026; filing dated March 16, 2026.
- Grant: 1,242 MSUs reported (March 12, code A, $0.00).
- Conversion / vesting: entries on March 13 show 320 shares acquired (M) and 297 shares noted as converted (M). Footnote F1 clarifies the 320 payout equals vesting (297) plus 23 extra shares above target due to a 108% payout factor.
- Tax withholding (disposals): 141.76 shares on 3/13 @ $473.12 = $67,069; 88.16 shares on 3/14 @ $473.12 = $41,710. Total withheld ≈ 229.92 shares for ~$108,779.
- Shares owned after transaction: not specified in the summarized entries (filing references plan statement as of March 2, 2026).
- Notable footnotes: F1 (first tranche 108% payout, includes 23 above target); F4–F5 explain MSU 1‑for‑1 conversion, variable payout (0–200%) and 1/3 annual vesting with a minimum price threshold. F2/F3 relate to plan holdings and statement date.
- These disposals are tax withholdings (code F), not open‑market sales.
Context
MSUs are performance-based restricted awards that convert to shares on a 1-for-1 basis but with a variable payout factor tied to share-price performance between grant and vesting. The filing reflects a routine vesting/payout and share withholding to cover taxes (a cashless withholding mechanism), which should not be read the same as an open‑market sell for liquidity or investment view.