ZEBRA TECHNOLOGIES CORP — Director's Dealing 2025

Mar 6, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ZEBRA TECHNOLOGIES CORP (ZBRA)
CIK: 0000877212
Period of Report: 2025-03-04

Reporting Person: Armstrong Robert John Jr (Chief Marketing Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-03-04	Class A Common Stock	A	1532	$306.84	Acquired	5730	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	4198	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Appreciation Right	$205.12	2026-05-02	Class A Common Stock (166)	166	Direct
Stock Appreciation Right	$244.97	2027-04-30	Class A Common Stock (198)	198	Direct

Footnotes

F1: Of the stock appreciation rights subject to this SAR, 83 vested on each of May 2, 2022 and 2023.

F2: Of the stock appreciation rights subject to this SAR, 66 vested on each of April 30, 2022, 2023 and 2024.