Zebra Technologies (NASDAQ: ZBRA) CRO gets stock grant, withholds shares for tax

Rhea-AI Filing Summary

Zebra Technologies Chief Revenue Officer Richard Edward Hudson reported equity compensation and related share withholding. On March 3, 2026, he acquired 5,360 shares of Class A Common Stock as a grant or award at a stated price of $0.0000 per share, increasing his direct holdings to 11,616 shares.

On March 4, 2026, 576 shares of Class A Common Stock were disposed of at $231.4200 per share in a tax-withholding disposition, leaving 11,040 shares directly held. The filing also notes 189 Stock Appreciation Rights outstanding that became exercisable in four equal annual installments beginning on April 30, 2021.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider Hudson Richard Edward

Role Chief Revenue Officer

Type	Security	Shares	Price	Value
Tax Withholding	Class A Common Stock	576	$231.42	$133K
Grant/Award	Class A Common Stock	5,360	$0.00	--
holding	Stock Appreciation Right	--	--	--
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Class A Common Stock — 11,040 shares (Direct); Stock Appreciation Right — 189 shares (Direct)

Footnotes (1)

1. [object Object]

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Hudson Richard Edward

(Last) (First) (Middle)

C/O ZEBRA TECHNOLOGIES CORPORATION

3 OVERLOOK POINT

(Street)

LINCOLNSHIRE IL 60069

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ZEBRA TECHNOLOGIES CORP [ ZBRA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Revenue Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/03/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock								6,256	D
Class A Common Stock	03/03/2026		A		5,360	A	$0	11,616	D
Class A Common Stock	03/04/2026		F		576	D	$231.42	11,040	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Appreciation Right	$244.97							(1)	04/30/2027	Class A Common Stock	189		189	D

Explanation of Responses:

1. These stock appreciation rights became exercisable in four equal annual installments beginning on April 30, 2021.

Remarks:

	/s/ Cristen Kogl, Attorney-In-Fact	03/05/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did ZBRA Chief Revenue Officer Richard Hudson report?

Richard Hudson reported an equity grant and a related tax share withholding. He received 5,360 Class A Common shares as a grant on March 3, 2026, then 576 shares were disposed of on March 4, 2026 to cover tax obligations at $231.4200 per share.

How many Zebra Technologies (ZBRA) shares did Richard Hudson acquire in the latest Form 4?

Hudson acquired 5,360 Class A Common Stock shares through a grant or award. The transaction occurred on March 3, 2026 at a stated per-share price of $0.0000, reflecting non-cash equity compensation rather than an open-market purchase of Zebra Technologies stock.

What was the tax-withholding share disposition reported by ZBRA’s Chief Revenue Officer?

The filing shows 576 Class A Common Stock shares disposed of on March 4, 2026 at $231.4200 per share. This was coded as a tax-withholding disposition, meaning shares were withheld to satisfy tax liabilities instead of being sold in a regular market transaction.

How many Zebra Technologies shares does Richard Hudson hold after these transactions?

After the reported activity, Hudson directly holds 11,040 Class A Common Stock shares. His holdings rose to 11,616 shares following the March 3, 2026 grant, then declined when 576 shares were used in a tax-withholding transaction recorded on March 4, 2026.

What Stock Appreciation Rights (SARs) are reported for ZBRA’s Richard Hudson?

The Form 4 lists 189 Stock Appreciation Rights as directly held by Hudson. A footnote states these SARs became exercisable in four equal annual installments beginning on April 30, 2021, indicating a multi-year vesting schedule tied to Zebra Technologies equity compensation.

Did the Form 4 show any open-market buys or sells by ZBRA insider Richard Hudson?

The transactions reported were an equity grant and a tax-withholding share disposition, not open-market trades. The grant added 5,360 shares at a stated $0.0000 price, while 576 shares were disposed of at $231.4200 solely to cover tax liabilities associated with the award.