Motorola Solutions, Inc. Watchdog Report ™ MSI (NYSE) | CIK:68505 | United States | SEC llings The new model for duciary analysis Sep 24, 2021 Jan 1, 2020 Jan 1, 2016 RECENT PERIOD HISTORICAL PERIOD Key Facts 10-Q led on Aug 5, 2021 for period ending Jul 2021 Business address: Chicago, Illinois, United States Reporting Irregularities RECENT HISTORICAL Industry: Radio and Television Broadcasting and Wireless Financial Restatements Communications Equipment Manufacturing (NAICS 334220) SEC ler status: Large Accelerated Filer as of Jul 2021 Revisions Index member: S&P 500, Russell 1000 Out of Period Adjustments Market Cap: $40.8b as of Sep 24, 2021 Late Filings Annual revenue: $7.41b as of Dec 31, 2020 Impairments Corporate Governance Changes in Accounting Estimates CEO: Gregory Q. Brown since 2010 Disclosure Controls CFO: Jason J. Winkler since 2020 1st level Internal Controls
Board Chairman: Gregory Q. Brown since 2011 Critical / Key Audit Matters Audit Committee Chair: NOT AVAILABLE Anomalies in the Numbers 2nd level RECENT HISTORICAL Benford's Law Auditor: PricewaterhouseCoopers LLP since 2018 Outside Counsel (most recent): Winston & Strawn LLP Beneish M-Score 3rd level Accounting Disclosure Complexity
SEC Reviewer: (unknown) Securities & Exchange Commission Concerns 4th level RECENT HISTORICAL SEC Oversight
SEC Letters to Management
Revenue Recognition
Non-GAAP Measures Litigation & External Pressures RECENT HISTORICAL Signi cant Litigation
Securities Class Actions
Shareholder Activism
Watchdog Research, Inc., offers both individual and group subscriptions, Cybersecurity data feeds and/or custom company reports to our subscribers. Management Review Subscribe: We have delivered 300,000 public company reports to over RECENT HISTORICAL 27,000 individuals, from over 9,000 investment rms and to 4,000+ public CEO Changes company corporate board members. CFO Changes
How to analyze this company's Watchdog Insider Sales Report? Skip to the last page Pledged Securities
Information in this report is effective Sep 24, 2021 and is taken from the Mergers & Acquisitions company's public nancial and regulatory lings. Latest ling 10-Q led Sales of Assets 08/05/2021. Over 75 accounting and data analysts scrutinize and review crucial information, footnotes, disclosures, etc., from these lings. Material Auditor Assessment facts are captured and processed using our proprietary methods which RECENT HISTORICAL identify key risk factors our readers need to know. Each Watchdog Report Auditor Changes represents 30 or more hours of analysis and processing. Auditor Experience
Accounting and nancial disclosure data from Audit Analytics. Auditor Tenure Executive compensation data from Shore Group and Intrinio. Data from Sharadar. Audit Fees Data from Barchart via Quandl. Non-Audit Fees Data from Exchange Data International via Quandl.
Watchdog Research, Inc. • www.watchdogresearch.com • [email protected] • (855) 820-6272 Overview Reporting Irregularities Anomalies in the Numbers SEC Concerns Litigation & External Pressures Management Review Auditor Assessment Peer Group
Overview
Price and Volume History
This graph shows the price and trading history for Motorola. Warning signs and red ags are marked on the graph according to their disclosure dates.
1 Aug 5, 2021 - Change in Accounting Estimates 20 Feb 14, 2020 - Impairment
2 Jun 8, 2021 - SEC letters to management 21 Feb 14, 2020 - Change in Accounting Estimates
3 May 6, 2021 - Change in Accounting Estimates 22 Feb 14, 2020 - Disclosure Controls
4 Feb 16, 2021 - Insider Sale 23 Feb 14, 2020 - Critical / Key Audit Matters
5 Feb 12, 2021 - Impairment 24 Feb 13, 2020 - Insider Sale
6 Feb 12, 2021 - Change in Accounting Estimates 25 Feb 13, 2020 - Insider Sale
7 Feb 12, 2021 - Critical / Key Audit Matters 26 Oct 31, 2019 - Change in Accounting Estimates
8 Feb 12, 2021 - Insider Sale 27 Oct 31, 2019 - Disclosure Controls
9 Feb 10, 2021 - Insider Sale 28 Aug 12, 2019 - Insider Sale
10 Feb 8, 2021 - Insider Sale 29 Aug 2, 2019 - Disclosure Controls
11 Nov 4, 2020 - Insider Sale 30 Jun 5, 2019 - Insider Sale
12 Oct 30, 2020 - Change in Accounting Estimates 31 May 14, 2019 - Insider Sale
13 Sep 16, 2020 - Insider Sale 32 May 3, 2019 - Change in Accounting Estimates
14 Aug 7, 2020 - Disclosure Controls 33 May 3, 2019 - Disclosure Controls
15 Jun 30, 2020 - Change in CFO 34 Feb 15, 2019 - Change in Accounting Estimates
16 Feb 21, 2020 - Lawsuit: Vigilant Solutions LLC v. Rekor Systems Inc et al 35 Feb 15, 2019 - Disclosure Controls
17 Feb 20, 2020 - Insider Sale 36 Nov 6, 2018 - Insider Sale
18 Feb 18, 2020 - Insider Sale 37 Nov 2, 2018 - Change in Accounting Estimates
19 Feb 14, 2020 - Out of Period Adjustments 38 Nov 2, 2018 - Change in Accounting Estimates
Watchdog Research, Inc. • www.watchdogresearch.com • [email protected] • (855) 820-6272 39 Nov 2, 2018 - Disclosure Controls 58 Nov 22, 2017 - Insider Sale
40 Nov 2, 2018 - SEC letters to management 59 Nov 20, 2017 - Insider Sale
41 Nov 2, 2018 - Revenue Recognition 60 Nov 16, 2017 - Insider Sale
42 Sep 17, 2018 - Insider Sale 61 Nov 3, 2017 - Disclosure Controls
43 Sep 14, 2018 - Insider Sale 62 Aug 4, 2017 - Disclosure Controls
44 Sep 14, 2018 - Insider Sale 63 May 5, 2017 - Disclosure Controls
45 Aug 3, 2018 - Change in Accounting Estimates 64 Mar 14, 2017 - Lawsuit: Motorola Solutions Inc et al v. Hytera Communications Corpora…
46 Aug 3, 2018 - Disclosure Controls 65 Feb 21, 2017 - Impairment
47 May 17, 2018 - Auditor change 66 Feb 21, 2017 - Impairment
48 May 4, 2018 - Change in Accounting Estimates 67 Feb 21, 2017 - Disclosure Controls
49 May 4, 2018 - Disclosure Controls 68 Dec 14, 2016 - Insider Sale
50 Mar 14, 2018 - Insider Sale 69 Nov 4, 2016 - Disclosure Controls
51 Mar 12, 2018 - Insider Sale 70 Aug 30, 2016 - Insider Sale
52 Mar 12, 2018 - Insider Sale 71 Aug 30, 2016 - Insider Sale
53 Feb 16, 2018 - Impairment 72 Aug 5, 2016 - Disclosure Controls
54 Feb 16, 2018 - Disclosure Controls 73 May 6, 2016 - Disclosure Controls
55 Feb 1, 2018 - Mergers & Acquisitions 74 Feb 23, 2016 - Impairment
56 Dec 1, 2017 - Insider Sale 75 Feb 23, 2016 - Change in Accounting Estimates
57 Nov 22, 2017 - Insider Sale
Noti cations
Important noti cations related to the company are listed here. Noti cations may come from the SEC, exchanges such as the NYSE or NASDAQ, or Watchdog Research. Examples of noti cations include announcements of bankruptcy proceedings, company name changes, and noncompliance with SEC regulations or exchange rules.
There are no noti cations for Motorola at least since 2016.
Watchdog Research, Inc. • www.watchdogresearch.com • [email protected] • (855) 820-6272 Peer Group
Peer groups are used by companies to benchmark executive compensation and performance. Each company identi es its own peer group. Peer groups vary from company to company.
Peer Group Companies Who Named Motorola as a Peer
Company Ticker Market Cap Company Ticker Market Cap
Intuit Inc. INTU $158b Texas Instruments Inc. TXN $196b
ServiceNow, Inc. NOW $131b Advanced Micro Devices AMD $128b
Illinois Tool Works Inc. ITW $68b Applied Materials Inc. AMAT $128b
Autodesk Inc. ADSK $66.2b Roper Technologies Inc. ROP $49.1b
Agilent Technologies Inc. A $52.2b L3Harris Technologies, Inc. LHX $44.9b
Roper Technologies Inc. ROP $49.1b Motorola Solutions, Inc. MSI $40.8b
L3Harris Technologies, Inc. LHX $44.9b Otis Worldwide Corporation OTIS $36.3b
Trane Technologies plc TT $43.5b Keysight Technologies, Inc. KEYS $32.8b
Motorola Solutions, Inc. MSI $40.8b Corning Inc. GLW $32.8b
Parker Hanni n Corp. PH $37.2b Zebra Technologies Corp. ZBRA $29.9b
Watchdog Research, Inc. • www.watchdogresearch.com • [email protected] • (855) 820-6272 Peer Flag Comparison
The return to a company’s stock is not the only measure of executive performance. Ethics matter, and growth can quickly reverse and gains evaporate if a company’s accounting and nancial reporting processes are not fundamentally sound and trustworthy. How does Motorola's accounting quality compare to its peer group?
MSI PEER GROUPFLAGS MSI PEER GROUPFLAGS Reporting Irregularities Litigation & External Pressures
Financial Restatements 9 Signi cant Litigation 1 5 3
Revisions 7 2 Securities Class Actions 7 2
Out of Period Adjustments 6 3 Shareholder Activism 8 1
Impairments 3 6 Cybersecurity 7 2
Changes in Accounting Estimates 5 4 Management Review
Disclosure Controls 1 6 2 CEO Changes 3 1 5
Internal Controls 8 1 CFO Changes 1 7 1
Critical / Key Audit Matters 4 5 Insider Sales 3 6
Pledged Securities 8 1 Anomalies in the Numbers
Benford's Law 4 5 Mergers & Acquisitions 3 5 1
Beneish M-Score 7 1 Sales of Assets 8 1
Accounting Disclosure Complexity 5 3 1 Auditor Assessment
Auditor Changes 9 Securities & Exchange Commission Concerns
SEC Oversight 8 1 Auditor Experience 9
SEC Letters to Management 8 1 Auditor Tenure 5 4
Revenue Recognition 8 1 Audit Fees 3 6
Non-GAAP Measures 9 Non-Audit Fees 7 2
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