Robert John Armstrong Jr. - 03 Mar 2026 Form 4 Insider Report for ZEBRA TECHNOLOGIES CORP (ZBRA)

Role: Chief Marketing Officer
Signature: /s/ Cristen Kogl, Attorney-In-Fact
Issuer symbol: ZBRA
Transactions as of: 03 Mar 2026
Net transactions value: -$2,068
Form type: 4
Filing time: 05 Mar 2026, 16:38:47 UTC
Previous filing: 05 Feb 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Armstrong Robert John Jr	Chief Marketing Officer	C/O ZEBRA TECHNOLOGIES CORPORATION, 3 OVERLOOK POINT, LINCOLNSHIRE	/s/ Cristen Kogl, Attorney-In-Fact	05 Mar 2026	0001965501

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ZBRA	Class A Common Stock	Award		+2,323	+38%	$0.000000^*	8,376	03 Mar 2026	Direct
transaction	ZBRA	Class A Common Stock	Tax liability		-246	-2.9%	$231.42^*	8,130	04 Mar 2026	Direct
transaction	ZBRA	Class A Common Stock	Options Exercise		+17	+0.21%	$205.12^*	8,147	05 Mar 2026	Direct
transaction	ZBRA	Class A Common Stock	Tax liability		-8	-0.1%	$229.44^*	8,139	05 Mar 2026	Direct
transaction	ZBRA	Class A Common Stock	Sale	$2,068	-9	-0.11%	$229.73	8,130	05 Mar 2026	Direct
holding	ZBRA	Class A Common Stock						6,053	03 Mar 2026	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	ZBRA	Stock Appreciation Right	Options Exercise		-166	-100%	$0.000000^*	0	05 Mar 2026	Class A Common Stock	166	$205.12	Direct	F1
holding	ZBRA	Stock Appreciation Right						198	03 Mar 2026	Class A Common Stock	198	$244.97	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These stock appreciation rights became exercisable in four equal annual installments beginning on May 2, 2020.
F2	These stock appreciation rights became exercisable in four equal annual installments beginning on April 30, 2021.