27 unchanged sentences
We have audited Zebra Technologies Corporation and subsidiaries internal control over financial reporting as of December 31, 2024, based on criteria established in Internal Control-Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (2013 framework) (the COSO criteria).
−Removed: In our opinion, Zebra Technologies Corporation (the Company) maintained, in all material respects, effective internal control over financial reporting as of December 31, 2023, based on the COSO criteria.
−Removed: We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), the consolidated balance sheets of the Zebra Technologies Corporation as of December 31, 2023 and 2022, the related consolidated statements of operations, comprehensive income, stockholders’ equity, and cash flows, for each of the three years in the period ended December 31, 2023, and the related notes, and our report dated February 15, 2024 expressed an unqualified opinion thereon.
+Added: In our opinion, Zebra Technologies Corporation and subsidiaries (the Company) maintained, in all material respects, effective internal control over financial reporting as of December 31, 2024, based on the COSO criteria.
+Added: We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), the consolidated balance sheets of the Company as of December 31, 2024 and 2023, the related consolidated statements of operations, comprehensive income, stockholders’ equity and cash flows for each of the three years in the period ended December 31, 2024, and the related notes and our report dated February 13, 2025 expressed an unqualified opinion thereon.
Basis for Opinion
18 unchanged sentences
Other Information
+Added: The Company’s Securities Transactions and Confidentiality Policy governs the purchase, sale, and/or other dispositions of the Company's securities by directors, officers and employees, and is designed to promote compliance with insider trading laws, rules and regulations, and any listing standards applicable to the Company.
None of our directors or executive officers had in effect, adopted or terminated a Rule 10b5-1 trading arrangement or non-Rule 10b5-1 trading arrangement (as defined in Item 408(c) of Regulation S-K) during the fourth quarter of 2024.
29 unchanged sentences
Exhibit Number Exhibit Description Form Exhibit Number Filing Date or Period End Date Filed or Furnished Within
+Added: 1.1 Purchase Agreement, dated as of May 22, 2024, by and among Zebra Technologies Corporation, Temptime Corporation, Zebra Technologies International, LLC and J.P.
+Added: Morgan Securities LLC.
+Added: 1.1 May 22, 2024
3.1(i) Restated Certificate of Incorporation of the Company.
6 unchanged sentences
10-K 4.2 December 31, 2019
+Added: 4.3 Indenture, dated as of May 28, 2024, by and among Zebra Technologies Corporation, Temptime Corporation, Zebra Technologies International, LLC and U.S.
+Added: Bank Trust Company, National Association
+Added: 4.1 May 22, 2024
+Added: 4.4 Form of 6.500% Senior Notes due 2032 (included in the Indenture – Exhibit 4.3)
+Added: 4.2 May 22, 2024
10.1 Employee Agreement between Nathan Winters and the Company Dated January 11, 2021.
10 unchanged sentences
10-K 10.6 December 31, 2021
−Removed: 10.7 Amended and Restated Employment Agreement between Zebra Technologies Corporation and Anders Gustafsson dated as of May 6, 2010.
−Removed: 10-Q 10.10 April 3, 2010
−Removed: 10.8 Letter Agreement between Zebra Technologies Corporation and Anders Gustafsson dated as of May 6, 2010.
−Removed: 10-Q 10.11 April 3, 2010
−Removed: 10.9 Letter Agreement between Zebra Technologies Corporation and Anders Gustafsson dated as of March 1, 2023 +
−Removed: 8-K 10.2 December 8, 2022
10.7 Employment Agreement between Zebra Technologies Corporation and William Burns dated as of March 1, 2023 +
8-K 10.1 December 8, 2022
−Removed: 10.11 Form of 2013-16 time-vested stock appreciation rights agreement for employees other than CEO.
−Removed: 10-Q 10.1 March 30, 2013
−Removed: 10.12 Form of 2017 time-vested stock appreciation rights agreement for employees other than CEO.
−Removed: 10-Q 10.1 April 1, 2017
10.8 Form of 2018 stock appreciation rights agreement for employees other than the CEO.
8 unchanged sentences
10-Q 10.3 July 2, 2022
−Removed: 10.18 F orm of 2023 stock-settled stock appreciation rights agreement for employees (including the CEO).
+Added: 10.13 Form of 2023 stock-settled stock appreciation rights agreement for employees (including the CEO).
10-Q 10.3 July 1, 2023
+Added: 10.14 Form of 2024 stock-settled stock appreciation rights agreement for employees (including the CEO).
+Added: 10.3 June 29, 2024
10.15 Form of 2013-16 time-vested stock appreciation rights agreement for CEO.
10-Q 10.4 March 30, 2013
−Removed: 10.20 Form of 2017 time-vested stock appreciation rights agreement for CEO.
−Removed: 10-Q 10.2 April 1, 2017
10.16 Form of 2018 stock appreciation rights agreement for CEO.
6 unchanged sentences
10-Q 10.2 July 2, 2022
−Removed: 10.25 Form of 2022 time-vested restricted stock unit agreement for employees other than the CEO.
−Removed: 10-Q 10.2 July 2, 2022
10.20 Form of 2023 time-restricted stock unit agreement for all employees (including the CEO).
10-Q 10.2 July 1, 2023
−Removed: 10.27 Form of 2021 performance-vested restricted stock unit agreement for employees other than the CEO.
−Removed: 10-Q 10.1 July 3, 2021
+Added: 10.21 Form of 2024 time-restricted stock unit agreement for all employees (including the CEO).
+Added: 10.2 June 29, 2024
10.22 Form of 2022 performance-vested restricted stock unit agreement for employees other than CEO +
2 unchanged sentences
10-Q 10.1 July 1, 2023
−Removed: 10.30 Form of 2021 time-vested restricted stock unit agreement for CEO.
−Removed: 10-Q 10.5 July 3, 2021
+Added: 10.24 Form of 2024 performance-vested restricted stock unit agreement for all employees (including the CEO).
+Added: 10-Q 10.1 June 29, 2024
10.25 Form of 2022 time-vested restricted stock unit agreement for CEO +
2 unchanged sentences
10-Q 10.4 July 2, 2022
−Removed: 10.33 Form of 2022 performance-vested restricted stock unit agreement for CEO+
−Removed: 10-Q 10.4 July 2, 2022
10.27 Amended and Restated Credit Agreement, dated July 26, 2017 (originally dated as of October 27, 2014), by and among Zebra, the lenders and issuing banks party thereto, JPMorgan Chase Bank, N.A., and Morgan Stanley Senior Funding, Inc.
30 unchanged sentences
10-Q 10 April 3, 2021
+Added: 10.39 Third Amendment to Receivables Financing Agreement, dated as of March 19, 2024 by and among Zebra Technologies RSC, LLC, the lenders from time to time party thereto, PNC Bank, National Association, Zebra Technologies, LLC, and PNC Capital Markets, LLC
+Added: 10 March 30, 2024
10.40 Master Accounts Receivable Purchase Agreement dated December 19, 2018 among Zebra Technologies Europe Limited, Zebra Technologies Corporation, and MUFG Bank, Ltd.
8 unchanged sentences
10-Q 10.9 June 27, 2020
+Added: 19 Securities Transactions and Confidentiality Policy
21 Subsidiaries of the Company.
4 unchanged sentences
32.2 Certification of Principal Financial Officer Pursuant to 18 U.S.C Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
−Removed: 97 A ccounting Restatement Clawback Policy
+Added: 97 Accounting Restatement Clawback Policy
+Added: 97 December 31, 2023
101 The following financial information from Zebra Technologies Corporation Annual Report on Form 10-K, for the year ended December 31, 2024, formatted in Inline XBRL:
25 unchanged sentences
Senior Vice President, Chief Accounting Officer
−Removed: (Principal Accounting Officer) February 15, 2024
+Added: (Principal Accounting Officer)
+Added: February 13, 2025
/s/ Anders Gustafsson
Anders Gustafsson
−Removed: Executive Chair
+Added: Chair of the Board
February 13, 2025
7 unchanged sentences
Director February 13, 2025
−Removed: /s/ Richard L.
Director February 13, 2025
+Added: /s/ Kenneth B.
Director February 13, 2025
3 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.