What is a Rule 10b5-1 trading plan?

A Rule 10b5-1 trading plan is a pre-arranged written plan adopted by company insiders (like executives or directors) for buying or selling company stock. It allows them to establish a trading strategy when they do not possess material non-public information, providing a defense against accusations of insider trading.

Does this stock trading plan indicate a negative outlook for Motorola Solutions?

Not necessarily. Rule 10b5-1 plans are commonly used by executives to diversify their personal portfolios, manage liquidity, or spread out stock sales over time to minimize market impact, without implying any adverse view of the company's future prospects. The plan was adopted while Mr. Molloy was not in possession of material non-public information.

How many shares will be sold and when?

The plan allows for the sale of up to 13,995 shares. The exact timing and number of shares sold will depend on the specific terms of the plan, market conditions, and the minimum price thresholds set within the plan. Transactions will be reported to the SEC as required by law.

Will Motorola Solutions announce future trading plans by other executives?

The company has stated that it does not undertake to report future Rule 10b5-1 plans adopted by any other officers or directors, or any modifications or terminations of publicly announced plans, unless required by law.

MSI 8-K SEC Disclosure — May 24, 2021

Summary

Motorola Solutions, Inc. (MSI) filed an 8-K on May 23, 2021, reporting that Executive Vice President, Products and Sales, Jack Molloy, adopted a stock trading plan on May 21, 2021, under Rule 10b5-1. This plan allows for the sale of up to 13,995 shares of company stock. These sales will occur on the open market at prevailing prices, potentially subject to minimum price thresholds defined within the plan. This filing is primarily informational, outlining a standard executive stock trading plan. Rule 10b5-1 plans are designed to allow insiders to diversify their holdings or spread out sales over time in a manner that avoids concerns about trading on material non-public information. Investors should note that these plans are pre-arranged and do not necessarily indicate a negative outlook on the company's future performance. The company stated it will only report future plans or modifications if legally required.

Key Highlights

1Executive VP Jack Molloy adopted a Rule 10b5-1 stock trading plan on May 21, 2021.
2The plan allows for the sale of up to 13,995 MSI shares.
3Sales will be conducted on the open market at prevailing prices.
4The plan may include minimum price thresholds for share sales.
5Rule 10b5-1 plans facilitate orderly stock sales by executives, mitigating insider trading concerns.
6The company will report transactions under this plan as required by law.
7Motorola Solutions is not obligated to report future executive trading plans unless legally mandated.

Motorola Solutions, Inc. 8-K Report, Corporate Update (May 24, 2021)

Summary

Key Highlights

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