Motorola Solutions (MSI) SVP logs MSU grant, vesting and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Motorola Solutions, Inc. SVP Rajan Naik reported compensation-related stock activity. He received a grant of 1,862 Market Stock Units (MSUs) on March 12, 2026, each potentially converting into one share of common stock based on performance and share-price conditions.
On March 13 and 14, tranches of earlier MSU awards vested and were exercised into 667 and 882 shares of common stock, respectively, reflecting payout factors of 108% and 140% of target. To cover tax obligations, 300.82 and 397.78 shares were withheld at a price of $473.12 per share, rather than sold on the open market.
Following these transactions, Naik held 14,534.62 shares of Motorola Solutions common stock directly, plus an additional 11.54 shares held indirectly in the Motorola Solutions, Inc. 401(k) Plan as of March 2, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,248 shares exercised/converted
Mixed
8 txns
Insider
NAIK RAJAN
Role
SVP, Strategy & Ventures
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Market Stock Units | 630 | $0.00 | -- |
| Exercise | Motorola Solutions, Inc. - Common Stock | 882 | $0.00 | -- |
| Tax Withholding | Motorola Solutions, Inc. - Common Stock | 397.78 | $473.12 | $188K |
| Exercise | Market Stock Units | 618 | $0.00 | -- |
| Exercise | Motorola Solutions, Inc. - Common Stock | 667 | $0.00 | -- |
| Tax Withholding | Motorola Solutions, Inc. - Common Stock | 300.82 | $473.12 | $142K |
| Grant/Award | Market Stock Units | 1,862 | $0.00 | -- |
| holding | Motorola Solutions, Inc. - Common Stock | -- | -- | -- |
Holdings After Transaction:
Market Stock Units — 629 shares (Direct);
Motorola Solutions, Inc. - Common Stock — 14,932.4 shares (Direct);
Motorola Solutions, Inc. - Common Stock — 11.54 shares (Indirect, Motorola Solutions, Inc. 401(k) Plan)
Footnotes (1)
- Represents the vesting (618) and payout (667) of the first tranche (1/3) of the market stock units (MSU) granted on March 13, 2025 at 108% payout factor and such payment includes 49 shares which were above the target number of shares originally reported. Represents the vesting (630) and payout (882) of the second tranche (1/3) of the market stock units (MSU) granted on March 14, 2024 at 140% payout factor and such payment includes 252 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.
FAQ
What insider transactions did MSI executive Rajan Naik report on this Form 4?
Rajan Naik reported MSU-related stock activity, including a grant of 1,862 Market Stock Units and the vesting and conversion of earlier MSU tranches into 667 and 882 common shares. Portions of these shares were withheld to satisfy tax obligations at $473.12 per share.
What Market Stock Unit (MSU) award did Rajan Naik receive from Motorola Solutions (MSI)?
Naik received a grant of 1,862 Market Stock Units on March 12, 2026. Each MSU can convert into one share of common stock, with the number earned ranging from 0% to 200% of target, depending on Motorola Solutions’ share-price performance over specified periods.
How do Motorola Solutions’ Market Stock Units (MSUs) convert into common stock for MSI executives?
Each MSU converts 1-for-1 into common shares, but the earned number varies from 0% to 200% of target. The payout depends on comparing the average share price around the grant date to the average share price around the vesting date, subject to a minimum 60% price condition.
What do the payout factors of 108% and 140% mean for MSI Market Stock Units?
The 108% and 140% payout factors show that the vested MSU tranches paid out above target. On March 13, 618 MSUs vested and 667 shares were delivered; on March 14, 630 MSUs vested and 882 shares were delivered, including extra shares above the originally reported targets.