SAPTHARISHI MAHESH 4
4 · Motorola Solutions, Inc. · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
Motorola (MSI) EVP Saptharishi Mahesh Exercises MSUs, Sells Shares for Taxes
What Happened
Saptharishi Mahesh, EVP & CTO of Motorola Solutions (MSI), had market stock units (MSUs) vest and convert into common shares in mid‑March 2026. The filing shows MSU-related conversions/awards totaling 3,951 shares (reported as derivative acquisitions). To satisfy tax withholding on the vesting, 612.6 shares were surrendered/disposed on 2026-03-13 for $473.12 each ($289,833) and 852.89 shares were surrendered/disposed on 2026-03-14 for $473.12 each ($403,519) — about 1,465.49 shares and ~$693,352 in total. The share conversions themselves show $0 acquisition price because MSUs convert into shares rather than being purchased.
Key Details
- Transaction dates: primary events reported 2026-03-12 through 2026-03-14; Form 4 filed 2026-03-16.
- Tax withholding (code F): 612.6 shares @ $473.12 = $289,833 (3/13/2026); 852.89 shares @ $473.12 = $403,519 (3/14/2026).
- MSU conversions/exercises (code M/A): MSU awards/vests reported as acquired/converted at $0 (derivative-to-share conversion).
- Footnotes: First tranche vested (1,174 MSUs) paid out 1,267 shares (108% payout; included 93 above target). Second tranche vested (1,260 MSUs) paid out 1,764 shares (140% payout; included 504 above target). MSUs convert 1-for-1 but actual payout varies 0–200% based on share‑price performance. One‑third of an MSU award vests each year (subject to price threshold).
- Shares owned after transaction: not specified in the information provided.
- Filing timeliness: reported filed 2026-03-16 covering mid‑March events; no late‑filing flag indicated in the supplied data.
Context
MSUs are performance‑based restricted units that convert into shares at vesting; payout amounts can exceed target depending on stock price performance (here, 108% and 140% payouts are noted). The disposals reported were tax‑withholding/cashless disposition transactions (routine when awards vest) and do not necessarily indicate a decision to sell for investment reasons. Transaction codes: M = exercise/conversion of derivative, A = grant/award, F = payment of exercise price or tax liability (withholding).
Insider Transaction Report
- Exercise/Conversion
Motorola Solutions, Inc. - Common Stock
[F1][F2]2026-03-13+1,267→ 30,769.77 total - Tax Payment
Motorola Solutions, Inc. - Common Stock
[F2]2026-03-13$473.12/sh−612.6$289,833→ 30,157.17 total - Exercise/Conversion
Motorola Solutions, Inc. - Common Stock
[F3][F2]2026-03-14+1,764→ 31,921.17 total - Tax Payment
Motorola Solutions, Inc. - Common Stock
[F2]2026-03-14$473.12/sh−852.89$403,519→ 31,068.28 total - Award
Market Stock Units
[F5][F6]2026-03-12+3,951→ 3,951 total→ Motorola Solutions, Inc. - Common Stock (3,951 underlying) - Exercise/Conversion
Market Stock Units
[F5][F6]2026-03-13−1,174→ 2,346 total→ Motorola Solutions, Inc. - Common Stock (1,174 underlying) - Exercise/Conversion
Market Stock Units
[F5][F6]2026-03-14−1,260→ 1,259 total→ Motorola Solutions, Inc. - Common Stock (1,260 underlying)
- 15.63(indirect: By 401(k))
Motorola Solutions, Inc. - Common Stock
[F4]
Footnotes (6)
- [F1]Represents the vesting (1,174) and payout (1,267) 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 93 shares which were above the target number of shares originally reported.
- [F2]Includes shares acquired under the Motorola Solutions Employee Stock Purchase Plan, and through the reinvestment of dividends.
- [F3]Represents the vesting (1,260) and payout (1,764) 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 504 shares which were above the target number of shares originally reported.
- [F4]Based on plan statement as of March 2, 2026.
- [F5]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.
- [F6]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.