Motorola Solutions (NYSE: MSI) SVP logs equity vesting and tax-withheld shares
Rhea-AI Filing Summary
Motorola Solutions SVP and General Counsel James A. Niewiara reported routine equity compensation activity involving market stock units, performance options, and related tax withholding. On March 9, 2026, 593 market stock units vested and converted into the same number of common shares, and a third tranche payout delivered a further 1,025 shares based on a 173% payout factor.
On the same date, 7,614 performance-based stock options granted in 2023 vested at an exercise price of $265.18 per share after the company met specified financial objectives. To cover tax obligations tied to these awards, the company withheld about 2,022 shares of common stock at a reference price of $458.03 per share, a non-market disposition. After these transactions, Niewiara directly owned roughly 17,164 Motorola Solutions common shares, and the filing shows no open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Market Stock Units | 593 | $0.00 | -- |
| Grant/Award | Performance Options | 7,614 | $0.00 | -- |
| Tax Withholding | Motorola Solutions, Inc. - Common Stock | 1,568.05 | $458.03 | $718K |
| Exercise | Motorola Solutions, Inc. - Common Stock | 1,025 | $0.00 | -- |
| Tax Withholding | Motorola Solutions, Inc. - Common Stock | 454.08 | $458.03 | $208K |
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 (593) and payout (1,025) 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 432 shares which were above the target number of shares originally reported. 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, 7,614 options would vest.