Chief Financial Officer · ZEBRA TECHNOLOGIES CORP (ZBRA)

Nathan Winters

A named executive officer of ZEBRA TECHNOLOGIES in every fiscal year CompBrief holds from FY2020 to FY2025. Every figure below is printed as the company filed it and cited to the filing it came from.

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Total disclosed compensation, FY2025

$5,573,544

FY2024: $5,501,678

2nd of 6 named executive officers at Zebra Technologies by FY2025 total.

6 named officers on file for ZEBRA TECHNOLOGIES, FY2025

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What this number hides

The filing gives the total. ZEBRA TECHNOLOGIES’s full Executive Compensation Report gives every award, the disclosed peer set and what the total leaves out — the pair adds the board’s.

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Compensation figures as of the proxy filed April 3, 2026 (DEF 14A).

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Nathan Winters compensation by year

ZEBRA TECHNOLOGIES Summary Compensation Table · all 6 fiscal years held
In US dollars, as ZEBRA TECHNOLOGIES reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2020FY2021FY2022FY2023FY2024FY2025
Salary$363,875$537,760$600,000$620,192$625,000$640,500
Bonus$0$0$0$0$0$0
Stock awards$333,834$1,550,212$2,500,000$3,750,318$3,750,322$4,150,011
Option awards$45,933$0$0$0$0$0
Non-equity incentive$83,042$771,996$457,548$112,255$1,095,624$734,654
Pension and deferred compensation$0$0$0$0$0$0
All other$12,848$16,458$29,390$30,122$30,732$48,379
Total$839,532$2,876,426$3,587,720$4,512,887$5,501,678$5,573,544

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: ZEBRA TECHNOLOGIES CORP DEF 14A filed April 3, 2026, accession 0001104659-26-039488, and prior-year filings.

How this page was built: the ZEBRA TECHNOLOGIES CORP filed document, accession 0001104659-26-039488. Every figure is read from that document and cited to the page and table it appears in. Filed April 3, 2026.

$840K
$2.9M
$3.6M
$4.5M
$5.5M
$5.6M
FY20
FY21
FY22
FY23
FY24
FY25
SalaryNon-equity incentiveStock awardsOption awardsAll other

Equity holdings

unvested awards at FY2025 year-end
TypeUnvested unitsValue at year-endExercise price
PSU8,115$1,970,484—
PSU7,281$1,767,972—
RSU5,274$1,340,840—
RSU5,410$1,313,656—
RSU4,073$989,006—
RSU3,236$785,766—
RSU1,935$469,857—
RSU552$55,791—
Option578—$244.97

Per the Outstanding Equity Awards at Fiscal Year-End table in ZEBRA TECHNOLOGIES CORP's FY2025 proxy; value at the fiscal year-end close, as the company printed it.

Change-in-control & termination

estimated payments ZEBRA TECHNOLOGIES discloses, by trigger · FY2024
TriggerCash severanceAccelerated equityBenefits continuationTotal as disclosed
Involuntary termination without cause$625,000$3,904,684$25,018$6,307,326
Change in control and involuntary termination$1,250,000$10,208,181$25,018$13,860,823
Death—$10,208,181—$11,303,805

Per the Potential Payments Upon Termination or Change in Control table in ZEBRA TECHNOLOGIES CORP's FY2024 proxy. Estimates as the company printed them; a dash means it printed no figure.

ZEBRA TECHNOLOGIES’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
William BurnsChief Executive Officer$13,890,300
Nathan Winters · this pageChief Financial Officer$5,573,544
Richard HudsonChief Revenue Officer$4,248,132
Cristen KoglChief Legal Officer, General Counsel and Corporate Secretary$3,778,586
Joseph WhiteFormer Chief Product and Solutions Officer$3,695,292
Jeffrey SchmitzFormer Chief People Officer$3,320,639

Nathan Winters's compensation dossier, ZEBRA TECHNOLOGIES

You have read Nathan Winters's totals and holdings. The dossier adds each equity grant ZEBRA TECHNOLOGIES disclosed for Nathan Winters and ZEBRA TECHNOLOGIES's own disclosed peer group, where the company discloses them, with every row in a PDF and a CSV cited to its filing.

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The full ZEBRA TECHNOLOGIES compensation record

free company brief

This page is one person within ZEBRA TECHNOLOGIES's record. The company brief lists every named executive, each linking to their own page.

Peer companies

named in the ZEBRA TECHNOLOGIES proxy · each links to its own free brief

Compensation, the day it’s disclosed

The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them. Or order ZEBRA TECHNOLOGIES's full Executive Compensation Report with peer benchmarking.

How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are ZEBRA TECHNOLOGIES's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

Nathan Winters's compensation dossier