ZEBRA TECHNOLOGIES CORP — Director's Dealing 2026

Feb 5, 2026

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ZEBRA TECHNOLOGIES CORP (ZBRA)
CIK: 0000877212
Period of Report: 2026-02-04

Reporting Person: Burns Bill (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2026-02-04	Class A Common Stock	A	12673	—	Acquired	58578	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	45905	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Appreciation Right	$205.12	2026-05-02	Class A Common Stock (4364)	4364	Direct
Stock Appreciation Right	$244.97	2027-04-30	Class A Common Stock (3901)	3901	Direct

Footnotes

F1: Previously unreportable performance-based restricted stock (PVRS) granted on May 4, 2023, with a three-year performance period ended December 31, 2025. The number of shares to result from this PVRS grant was determined on February 4, 2026, and the PVRS will vest on May 4, 2026.

F2: These stock appreciation rights became exercisable in four equal annual installments beginning on May 2, 2020.

F3: These stock appreciation rights became exercisable in four equal annual installments beginning on April 30, 2021.