8-KEarnings & ResultsLeadership ChangesExhibits & Filings

Motorola Solutions, Inc. 8-K Report, Financial Results (Feb 2, 2017)

Filed February 2, 2017For Securities:MSI

Summary

Motorola Solutions, Inc. (MSI) filed an 8-K on February 2, 2017, primarily to announce its financial results for the fourth quarter and full year ended December 31, 2016. Investors should note that this filing references a press release (Exhibit 99.1) containing these results, but the specific financial figures are not detailed within the 8-K itself. The report also disclosed a significant board change, with the appointment of Kenneth D. Denman to the Board of Directors and the Governance and Nominating Committee, effective February 1, 2017. The addition of Mr. Denman, a seasoned executive, to the board may be viewed positively as it brings new perspectives and experience to the company's leadership. Investors should refer to the separate press release for detailed financial performance metrics, such as revenue, earnings, and any forward-looking guidance that may have been provided.

Key Highlights

  • 1Motorola Solutions announced its financial results for the quarter and year ended December 31, 2016, via a press release filed as Exhibit 99.1.
  • 2The company appointed Kenneth D. Denman to its Board of Directors, effective February 1, 2017.
  • 3Mr. Denman was also appointed as a member of the Governance and Nominating Committee.
  • 4Mr. Denman will receive standard compensation for non-employee directors, including deferred stock units.
  • 5The information regarding financial results is furnished and not deemed "filed" for certain SEC purposes.
  • 6The 8-K serves to publicly disclose these events as per SEC reporting requirements.

Frequently Asked Questions

The 8-K filing on February 2, 2017, indicates that Motorola Solutions announced its financial results for the quarter and year ended December 31, 2016. However, the detailed financial figures are provided in a separate press release (Exhibit 99.1) and are not included within the 8-K document itself. Investors should consult Exhibit 99.1 for specific revenue, earnings, and other financial performance metrics.

Kenneth D. Denman was appointed to the Motorola Solutions Board of Directors on February 1, 2017. While the filing doesn't detail his specific background, his appointment to the Board and the Governance and Nominating Committee suggests the company is looking to leverage his expertise in corporate governance and strategic direction. Investors may want to refer to the press release announcing his appointment (Exhibit 99.2) or his profile in the company's proxy statements for further information on his qualifications.

Mr. Denman will receive the standard compensation for non-employee directors of Motorola Solutions. This includes deferred stock units, prorated based on service, with a monthly value of $11,666.67, divided by the closing price of the company's stock on the day of his election. This compensation structure was previously disclosed in the company's March 28, 2016 proxy statement.

The 8-K filing itself does not typically contain forward-looking guidance. This type of information, if provided, would be included in the press release announcing the financial results (Exhibit 99.1). Investors should review that press release for any statements regarding future expectations or outlook for Motorola Solutions.