NIEWIARA JAMES A 4
4 · Motorola Solutions, Inc. · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
Motorola Solutions (MSI) GC James A. Niewiara Exercises MSUs and Sells Shares
What Happened
James A. Niewiara, Senior Vice President and General Counsel of Motorola Solutions (MSI), reported the vesting/conversion and payout of market stock units (MSUs) and related share dispositions. The filing (period 2026-03-12; filed 2026-03-16) shows:
- Grant/award reported as 1,682 MSUs on 2026-03-12 (derivative).
- On 2026-03-13: conversion/receipt of 533 shares at $0 and disposition of 494 shares at $0.
- On 2026-03-14: conversion/receipt of 705 shares at $0 and disposition of 504 shares at $0.
All transactions are reported at $0 because these are conversions/payouts of MSUs (not open‑market cash purchases or sales).
Key Details
- Transaction dates/prices: 3/12/2026 (award, 1,682 MSUs); 3/13/2026 (533 acquired / 494 disposed) ; 3/14/2026 (705 acquired / 504 disposed). All reported at $0.
- Net counts reported on these lines: 1,238 shares acquired (533 + 705) and 998 shares disposed (494 + 504).
- Footnotes: first tranche vesting/payout referenced (494 vested → 533 paid, includes 39 shares above target) and second tranche (504 vested → 705 paid, includes 201 shares above target). MSUs convert 1-for-1 but payout varies 0–200% based on share‑price performance; vesting is one‑third each year with a 60% price threshold.
- Shares owned after transaction: not included in the provided excerpt.
- Timeliness: Report filed 2026-03-16 for transactions in mid‑March 2026; appears timely under standard Form 4 filing rules.
Context
MSUs are time‑ and performance‑based awards that convert into common shares (reported here as $0 conversions). The filing shows both the vesting/payout of MSU tranches and simultaneous disposals (the filing ties the disposed amounts to the vesting/payout footnotes). Disposals at $0 in MSU reports commonly reflect shares surrendered/retired to satisfy withholding or similar administrative requirements, though the form excerpt does not state the exact method. This is routine insider compensation reporting rather than an open‑market buy or sell decision.
Insider Transaction Report
- Exercise/Conversion
Motorola Solutions, Inc. - Common Stock
[F1][F2]2026-03-13+533→ 19,718.7 total - Exercise/Conversion
Motorola Solutions, Inc. - Common Stock
[F3][F2]2026-03-14+705→ 20,423.7 total - Award
Market Stock Units
[F4][F5]2026-03-12+1,682→ 1,682 total→ Motorola Solutions, Inc. - Common Stock (1,682 underlying) - Exercise/Conversion
Market Stock Units
[F4][F5]2026-03-13−494→ 988 total→ Motorola Solutions, Inc. - Common Stock (494 underlying) - Exercise/Conversion
Market Stock Units
[F4][F5]2026-03-14−504→ 503 total→ Motorola Solutions, Inc. - Common Stock (504 underlying)
Footnotes (5)
- [F1]Represents the vesting (494) and payout (533) 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 39 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 (504) and payout (705) 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 201 shares which were above the target number of shares originally reported.
- [F4]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.
- [F5]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.