YAZDI CYNTHIA

Cynthia Yazdi, Senior Vice President of Communications & Brand at Motorola Solutions (MSI), has been a consistent net seller over the past year, with 52 total transactions concentrated entirely in the company's stock. Her Form 4 filings show zero open-market purchases and roughly $17.7 million in total sell value, driven almost exclusively by large open-market sales clustered around option exercises. The most recent activity came in late February 2026, when she exercised options valued at $1.61 million and $1.56 million on consecutive days (Feb. 26–27), immediately selling the underlying shares for $3.30 million and $3.48 million, respectively. Earlier in August 2025, she executed a similar pattern, exercising options worth $901,067 and selling shares in three tranches totaling $3.08 million on Aug. 12, following a $2.97 million sale the prior day. The transaction structure is notable for its mechanical consistency: Yazdi's sales are almost always paired with option exercises (code M) or followed by tax-withholding dispositions (code F), rather than representing standalone open-market sales. For instance, in March 2026, she exercised options on three separate dates (Mar. 9, 13, and 14) with zero reported value, while simultaneously having shares withheld to cover taxes totaling $937,586 across those days. She also received restricted stock grants (code A) on Mar. 9 and Mar. 12, 2026, which carry no cash value and are compensation rather than conviction buys. The only recent activity without an accompanying exercise was a Feb. 25, 2026 grant, suggesting her selling is tied to the vesting and exercise of equity compensation rather than a discretionary portfolio shift. Over the trailing 12 months, Yazdi's selling has been substantial but not accelerating—the largest single-day sale was $3.48 million on Feb. 27, 2026, while her August 2025 sales totaled $6.05 million across four transactions. The absence of any open-market purchases (code P) in her entire filing history, combined with the consistent exercise-and-sell pattern, points to a liquidity-driven approach to managing vested equity rather than a directional bet on MSI's share price. Her most recent filings (Mar. 2026) show only option exercises and tax withholdings, with no new sales, which may indicate a pause in her selling cadence.