Motorola Solutions Files DEF 14A: Executive Comp & Stock Awards
Ticker: MSI · Form: DEF 14A · Filed: 2024-03-28T00:00:00.000Z
Sentiment: neutral
Topics: proxy-statement, executive-compensation, stock-awards, pension-plans
Related Tickers: MSI
TL;DR
MSI DEF 14A out: exec comp, stock awards, pension costs detailed for FY23. Check it.
AI Summary
Motorola Solutions, Inc. filed a DEF 14A on March 28, 2024, for the fiscal year ending December 31, 2023. The filing details executive compensation, stock awards, and pension program costs. Key figures include the value of new stock and option awards granted in 2023, as well as changes in the value of stock and option awards from prior years.
Why It Matters
This filing provides crucial transparency into how Motorola Solutions compensates its top executives and the structure of its equity-based incentive plans, which can influence investor decisions.
Risk Assessment
Risk Level: low — This is a routine annual filing (DEF 14A) detailing executive compensation and corporate governance, not indicating new or unusual risks.
Key Numbers
- 2023-12-31 — Fiscal Year End (Reporting period for compensation details)
- 20240328 — Filing Date (Date the DEF 14A was submitted to the SEC)
Key Players & Entities
- Motorola Solutions, Inc. (company) — Filer
- 500 W. MONROE ST. (address) — Business and Mail Address
- CHICAGO (city) — Business and Mail City
- IL (state) — Business and Mail State
- 60661 (zip_code) — Business and Mail Zip Code
- 8475765000 (phone_number) — Business Phone
FAQ
What is the primary purpose of a DEF 14A filing?
A DEF 14A filing, also known as a Definitive Proxy Statement, is filed by companies to solicit proxies from shareholders for their annual meetings, providing detailed information on matters to be voted upon, including executive compensation, director elections, and other corporate governance issues.
What specific compensation-related data is typically found in a DEF 14A for Motorola Solutions?
The DEF 14A for Motorola Solutions would typically include details on the compensation of its named executive officers, including salary, bonuses, stock awards, option awards, and other benefits, as well as information on the company's incentive plans and equity compensation plans.
When was Motorola Solutions' fiscal year end for the period covered by this filing?
The fiscal year end for the period covered by this DEF 14A filing was December 31, 2023.
What does 'ECD: NonPeoNeoMember' and 'ECD: PeoMember' likely refer to in the context of this filing?
These likely refer to classifications within the executive compensation disclosure, possibly distinguishing between 'Executive Compensation Disclosure' (ECD) and different categories of employees or participants, such as 'Non-PEO Neo Member' (potentially non-principal executive officers and non-executive officers) and 'PEO Member' (principal executive officers).
What is the significance of the 'ChangeInValueOfStockAndOptionAwardsGrantedInPriorYearsAndUnvestedAsOfYearEndMember' metric?
This metric indicates the change in the value of stock and option awards that were granted in previous years and were still unvested as of the end of the fiscal year, reflecting potential changes in the company's stock performance and the value of executive equity compensation.
From the Filing
0001193125-24-079648.txt : 20240328 0001193125-24-079648.hdr.sgml : 20240328 20240328074721 ACCESSION NUMBER: 0001193125-24-079648 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 84 CONFORMED PERIOD OF REPORT: 20240514 FILED AS OF DATE: 20240328 DATE AS OF CHANGE: 20240328 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Motorola Solutions, Inc. CENTRAL INDEX KEY: 0000068505 STANDARD INDUSTRIAL CLASSIFICATION: RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT [3663] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 361115800 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-07221 FILM NUMBER: 24793562 BUSINESS ADDRESS: STREET 1: 500 W. MONROE ST. CITY: CHICAGO STATE: IL ZIP: 60661 BUSINESS PHONE: 8475765000 MAIL ADDRESS: STREET 1: 500 W. MONROE ST. CITY: CHICAGO STATE: IL ZIP: 60661 FORMER COMPANY: FORMER CONFORMED NAME: MOTOROLA INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: MOTOROLA DELAWARE INC DATE OF NAME CHANGE: 19760414 DEF 14A 1 d517482ddef14a.htm DEF 14A DEF 14A DEF 14A false 0000068505 0000068505 2023-01-01 2023-12-31 0000068505 2022-01-01 2022-12-31 0000068505 2021-01-01 2021-12-31 0000068505 2020-01-01 2020-12-31 0000068505 msi:ChangeInValueOfStockAndOptionAwardsGrantedInPriorYearsAndUnvestedAsOfYearEndMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0000068505 msi:NewStockAndOptionAwardGrantsValueAsOfVestingDateMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0000068505 msi:PriorYearValueOfStockAndOptionAwardsForfeitedOrCancelledMember ecd:PeoMember 2023-01-01 2023-12-31 0000068505 msi:PensionProgramsServiceCostMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0000068505 msi:PensionProgramsPriorServiceCostMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0000068505 msi:ValueOfNewStockAndOptionAwardsGrantedInCurrentYearAndUnvestedAsOfYearEndMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0000068505 msi:SctChangeInPresentValueOfPensionPlanMember ecd:PeoMember 2023-01-01 2023-12-31 0000068505 msi:SctChangeInPresentValueOfPensionPlanMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0000068505 msi:ChangeInValueOfStockAndOptionAwardsGrantedInPriorYearsAsOfVestingDateMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0000068505 msi:PriorYearValueOfStockAndOptionAwardsForfeitedOrCancelledMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0000068505 msi:SctStockAwardsMember ecd:PeoMember 2023-01-01 2023-12-31 0000068505 msi:SctOptionAwardsMember ecd:PeoMember 2023-01-01 2023-12-31 0000068505 msi:SctStockAwardsMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0000068505 msi:SctOptionAwardsMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0000068505 msi:PensionProgramsServiceCostMember ecd:PeoMember 2023-01-01 2023-12-31 0000068505 msi:PensionProgramsPriorServiceCostMember ecd:PeoMember 2023-01-01 2023-12-31 0000068505 msi:ValueOfNewStockAndOptionAwardsGrantedInCurrentYearAndUnvestedAsOfYearEndMember ecd:PeoMember 2023-01-01 2023-12-31 0000068505 msi:ChangeInValueOfStockAndOptionAwardsGrantedInPriorYearsAndUnvestedAsOfYearEndMember ecd:PeoMember 2023-01-01 2023-12-31 0000068505 msi:NewStockAndOptionAwardGrantsValueAsOfVestingDateMember ecd:PeoMember 2023-01-01 2023-12-31 0000068505 msi:ChangeInValueOfStockAndOptionAwardsGrantedInPriorYearsAsOfVestingDateMember ecd:PeoMember 2023-01-01 2023-12-31 0000068505 1 2023-01-01 2023-12-31 0000068505 2 2023-01-01 2023-12-31 0000068505 3 2023-01-01 2023-12-31 iso4217:USD xbrli:pure     UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549     SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934     Filed by the Registrant ☒ Filed by a Party other than the Registrant ☐ Check the appropriate box:   ☐ Preliminary Proxy Statement   ☐ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))   ☒ Definitive Proxy Statement