Motorola Solutions (NYSE: MSI) COO Molloy reports MSU, option vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Motorola Solutions EVP and COO John P. Molloy reported several equity compensation events. On March 9, 2026, 1,614 market stock units were exercised into the same number of shares, and 2,792 additional shares were paid out from a vested tranche granted in 2023 at a 173% payout factor. Performance-based stock options covering 20,704 shares at an exercise price of $265.18 per share vested after meeting financial goals. To cover tax obligations, 3,910.79 shares and 1,236.86 shares of common stock were withheld at $458.03 per share. After these transactions, Molloy directly held 66,865.12 common shares and indirectly held 17.54 shares through the Motorola Solutions 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,614 shares exercised/converted
Mixed
6 txns
Insider
MOLLOY JOHN P
Role
EVP and COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Market Stock Units | 1,614 | $0.00 | -- |
| Grant/Award | Performance Options | 20,704 | $0.00 | -- |
| Tax Withholding | Motorola Solutions, Inc. - Common Stock | 3,910.79 | $458.03 | $1.79M |
| Exercise | Motorola Solutions, Inc. - Common Stock | 2,792 | $0.00 | -- |
| Tax Withholding | Motorola Solutions, Inc. - Common Stock | 1,236.86 | $458.03 | $567K |
| holding | Motorola Solutions, Inc. - Common Stock | -- | -- | -- |
Holdings After Transaction:
Market Stock Units — 0 shares (Direct);
Performance Options — 20,704 shares (Direct);
Motorola Solutions, Inc. - Common Stock — 65,309.98 shares (Direct);
Motorola Solutions, Inc. - Common Stock — 17.54 shares (Indirect, Motorola Solutions, Inc. 401(k) Plan)
Footnotes (1)
- Represents the shares withheld by the Company to satisfy the tax withholding requirement upon settlement (on March 9, 2026 per the award terms) of performance stock units, which were determined to be earned on February 25, 2026 based on performance results for the applicable performance period, as previously reported on a Form 4 as of February 27, 2026. Includes shares acquired under the Motorola Solutions Employee Stock Purchase Plan, and through the reinvestment of dividends. Represents the vesting (1,614) and payout (2,792) of the third tranche (1/3) of the market stock units (MSU) granted on March 9, 2023 at 173% payout factor and such payment includes 1,178 shares which were above the target number of shares originally reported. Based on plan statement as of March 2, 2026. Each market stock unit ("MSU") converts into shares of common stock on a 1-for-1 basis but the number of MSUs earned varies from 0% to 200% of the target number of MSUs based on the average of the closing price of the Company's common stock on the date of grant and the thirty calendar days immediately preceding the date of grant (referred to as Share Price on Date of Grant) as compared to the closing share price of the Company's common stock on the vesting date and the thirty calendar days immediately preceding the vesting date (referred to as Share Price on Vesting Date). The target number of MSUs is reported in this Report. One third of the MSU award will vest on each of the first, second and third anniversaries of the date of grant and will be converted into shares of common stock based on a payout factor, provided that the MSUs will only vest if the Share Price on the Vesting Date equals at least 60% of the Share Price on the Date of Grant. Represents the vesting of performance based stock options granted to the reporting person on March 9, 2023 that were eligible to vest on the third anniversary date of the grant or March 9, 2026 based on the satisfaction of certain financial performance objectives. On March 9, 2026, the Company determined that, based on the Company's performance over the applicable performance period, 20,704 options would vest.
FAQ
What equity awards for Motorola Solutions (MSI) EVP John Molloy vested on March 9, 2026?
On March 9, 2026, John Molloy had 1,614 market stock units convert into shares and 2,792 additional shares paid out from a vested tranche. In addition, performance-based stock options for 20,704 shares vested after the company met specified financial performance objectives.
How many Motorola Solutions (MSI) performance stock options did John Molloy receive or vest?
John Molloy had performance-based stock options covering 20,704 shares vest on March 9, 2026. These options, originally granted in 2023, became exercisable after the company achieved certain financial performance targets over the applicable performance period.
What is the exercise price and expiration for John Molloy’s Motorola Solutions performance options?
The vested performance stock options for John Molloy have an exercise price of $265.18 per share and expire on March 9, 2033. These options were granted on March 9, 2023, and vested after the company achieved specified financial performance metrics.
How were Motorola Solutions (MSI) market stock units converted for John Molloy?
Each market stock unit converts into one share of common stock, but the number earned varies with stock price performance. For this tranche, 1,614 units vested and converted, and the payout reflected a 173% payout factor relative to the original target share amount.