Motorola Solutions (NYSE: MSI) CEO converts MSUs, withholds shares for taxes
Rhea-AI Filing Summary
Motorola Solutions, Inc. Chairman and CEO Gregory Q. Brown reported compensation-related stock activity involving market stock units (MSUs) and common shares. On March 12, 2026, he received a grant of 19,273 MSUs, each eligible to convert into one share of common stock based on a payout formula.
On March 13 and 14, 2026, tranches of earlier MSU awards vested and were converted into common stock at payout factors of 108% and 140%, resulting in more shares than the original targets. Following these conversions, shares totaling 3,529.55 and 4,332.64 were withheld at $473.12 per share to cover tax obligations, leaving Brown with 85,051.45 common shares held directly. He also reports additional indirect holdings through a 401(k) plan, his wife, and multiple family trusts based on statements as of March 2, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Market Stock Units | 6,401 | $0.00 | -- |
| Exercise | Motorola Solutions, Inc. - Common Stock | 8,961 | $0.00 | -- |
| Tax Withholding | Motorola Solutions, Inc. - Common Stock | 4,332.64 | $473.12 | $2.05M |
| Exercise | Market Stock Units | 6,760 | $0.00 | -- |
| Exercise | Motorola Solutions, Inc. - Common Stock | 7,300 | $0.00 | -- |
| Tax Withholding | Motorola Solutions, Inc. - Common Stock | 3,529.55 | $473.12 | $1.67M |
| Grant/Award | Market Stock Units | 19,273 | $0.00 | -- |
| holding | Motorola Solutions, Inc. - Common Stock | -- | -- | -- |
| holding | Motorola Solutions, Inc. - Common Stock | -- | -- | -- |
| holding | Motorola Solutions, Inc. - Common Stock | -- | -- | -- |
| holding | Motorola Solutions, Inc. - Common Stock | -- | -- | -- |
| holding | Motorola Solutions, Inc. - Common Stock | -- | -- | -- |
| holding | Motorola Solutions, Inc. - Common Stock | -- | -- | -- |
| holding | Motorola Solutions, Inc. - Common Stock | -- | -- | -- |
| holding | Motorola Solutions, Inc. - Common Stock | -- | -- | -- |
Footnotes (1)
- Represents the vesting (6,760) and payout (7,300) 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 540 shares which were above the target number of shares originally reported. Includes shares acquired under the Motorola Solutions Employee Stock Purchase Plan and through the reinvestment of dividends. Represents the vesting (6,401) and payout (8,961) 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 2,560 shares which were above the target number of shares originally reported. Based on plan statement as of March 2, 2026. These shares are held in an irrevocable trust for the benefit of the reporting person's wife and children. The reporting person's wife is trustee of this trust. These shares are held in a family trust for the benefit of the reporting person's children. The reporting person's child is trustee of this trust These shares are held in a non-exempt gift trust for the benefit of the reporting person's child. The reporting person's wife is trustee of this trust. These shares are held in a non-exempt gift trust for the benefit of the reporting person's child. The reporting person's wife is trustee of this trust. 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.