ZEBRA TECHNOLOGIES CORPORATI

Ticker: ZBRA CUSIP: 989207105 Class: EQTY

Arizona State Retirement System's Holding History (CIK: 0001558481)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 13,950 Value ($000) $3,387 Avg Close $267.42 Range $227.19 - $320.88

Q3 2025

Shares 15,067 Value ($000) $4,477 Avg Close $319.44 Range $292.09 - $352.66

Q2 2025

Shares 14,934 Value ($000) $4,605 Avg Close $271.51 Range $205.73 - $313.16

Q1 2025

Shares 14,905 Value ($000) $4,212 Avg Close $341.70 Range $271.03 - $427.76

Q4 2024

Shares 14,960 Value ($000) $5,778 Avg Close $387.42 Range $359.37 - $413.44

Q3 2024

Shares 14,732 Value ($000) $5,456 Avg Close $335.88 Range $303.36 - $375.88

Q2 2024

Shares 14,115 Value ($000) $4,361 Avg Close $304.09 Range $266.75 - $328.70

Q1 2024

Shares 14,126 Value ($000) $4,258 Avg Close $267.63 Range $233.95 - $302.63

Q4 2023

Shares 14,110 Value ($000) $3,857 Avg Close $228.27 Range $194.59 - $280.33

Q3 2023

Shares 14,031 Value ($000) $3,319 Avg Close $271.51 Range $222.58 - $320.55

Q2 2023

Shares 14,027 Value ($000) $4,150 Avg Close $280.51 Range $245.75 - $316.23

Q1 2023

Shares 15,010 Value ($000) $4,773 Avg Close $302.16 Range $254.69 - $351.74

Q4 2022

Shares 14,659 Value ($000) $3,759 Avg Close $258.51 Range $224.87 - $288.61

Q3 2022

Shares 14,419 Value ($000) $3,778 Avg Close $309.53 Range $261.63 - $365.97

Q2 2022

Shares 14,814 Value ($000) $4,355 Avg Close $348.20 Range $287.93 - $437.30

Q1 2022

Shares 14,876 Value ($000) $6,154 Avg Close $459.42 Range $375.63 - $599.73

Q4 2021

Shares 14,540 Value ($000) $8,654 Avg Close $567.76 Range $491.99 - $615.00

Q3 2021

Shares 15,017 Value ($000) $7,740 Avg Close $557.27 Range $502.63 - $594.77

Q2 2021

Shares 15,112 Value ($000) $8,002 Avg Close $498.37 Range $455.71 - $538.51

Q1 2021

Shares 15,372 Value ($000) $7,458 Avg Close $446.03 Range $372.46 - $516.79

Q4 2020

Shares 15,295 Value ($000) $5,878 Avg Close $336.52 Range $252.52 - $388.92

Q3 2020

Shares 16,155 Value ($000) $4,078 Avg Close $269.17 Range $246.83 - $295.52

Q2 2020

Shares 12,581 Value ($000) $3,220 Avg Close $234.34 Range $170.63 - $278.60

Q1 2020

Shares 12,409 Value ($000) $2,278 Avg Close $224.74 Range $150.06 - $260.40

Q4 2019

Shares 10,125 Value ($000) $2,586 Avg Close $233.98 Range $188.80 - $260.30

Q3 2019

Shares 33,727 Value ($000) $6,960 Avg Close $202.05 Range $177.06 - $220.46

Q2 2019

Shares 39,175 Value ($000) $8,207 Avg Close $201.62 Range $166.15 - $237.15

Q1 2019

Shares 38,682 Value ($000) $8,105 Avg Close $188.23 Range $146.52 - $219.39

Q4 2018

Shares 38,618 Value ($000) $6,149 Avg Close $166.48 Range $140.95 - $184.75

Q3 2018

Shares 38,124 Value ($000) $6,741 Avg Close $160.21 Range $136.16 - $179.47

Q2 2018

Shares 37,073 Value ($000) $5,311 Avg Close $147.27 Range $130.79 - $161.72

Q1 2018

Shares 35,984 Value ($000) $5,009 Avg Close $128.01 Range $102.75 - $147.99

Q4 2017

Shares 38,284 Value ($000) $3,974 Avg Close $108.72 Range $101.49 - $117.44

Q3 2017

Shares 30,129 Value ($000) $3,271 Avg Close $102.62 Range $94.78 - $109.89

Q2 2017

Shares 22,200 Value ($000) $2,232 Avg Close $99.04 Range $86.82 - $109.30

Q1 2017

Shares 22,000 Value ($000) $2,008 Avg Close $86.66 Range $81.02 - $93.61

Q4 2016

Shares 20,359 Value ($000) $1,746 Avg Close $74.12 Range $62.91 - $88.00

Q3 2016

Shares 23,459 Value ($000) $1,633 Avg Close $61.48 Range $46.13 - $71.61

Q2 2016

Shares 23,259 Value ($000) $1,165 Avg Close $58.13 Range $48.51 - $68.49

Q1 2016

Shares 28,659 Value ($000) $1,977 Avg Close $62.49 Range $52.14 - $70.30

Q4 2015

Shares 26,959 Value ($000) $1,878 Avg Close $74.94 Range $63.92 - $83.02

Q3 2015

Shares 24,060 Value ($000) $1,842 Avg Close $94.33 Range $71.95 - $117.00

Q4 2014

Shares 30,160 Value ($000) $2,334 Avg Close $72.03 Range $58.95 - $79.11

Q3 2014

Shares 31,860 Value ($000) $2,261 Avg Close $78.00 Range $70.28 - $86.02

Q2 2014

Shares 32,160 Value ($000) $2,647 Avg Close $73.00 Range $60.06 - $87.53

Q1 2014

Shares 31,960 Value ($000) $2,218 Avg Close $61.32 Range $52.61 - $72.76

Q4 2013

Shares 35,560 Value ($000) $1,923 Avg Close $50.14 Range $45.25 - $55.22

Q3 2013

Shares 39,860 Value ($000) $1,814 Avg Close $46.13 Range $43.42 - $49.38

Q2 2013

Shares 39,760 Value ($000) $1,727 Avg Close $45.53 Range $42.51 - $47.20

Q1 2013

Shares 38,860 Value ($000) $1,831 Avg Close $43.83 Range $40.04 - $47.24

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	13,950	$3,387	$267.42	$227.19 - $320.88
Q3 2025	15,067	$4,477	$319.44	$292.09 - $352.66
Q2 2025	14,934	$4,605	$271.51	$205.73 - $313.16
Q1 2025	14,905	$4,212	$341.70	$271.03 - $427.76
Q4 2024	14,960	$5,778	$387.42	$359.37 - $413.44
Q3 2024	14,732	$5,456	$335.88	$303.36 - $375.88
Q2 2024	14,115	$4,361	$304.09	$266.75 - $328.70
Q1 2024	14,126	$4,258	$267.63	$233.95 - $302.63
Q4 2023	14,110	$3,857	$228.27	$194.59 - $280.33
Q3 2023	14,031	$3,319	$271.51	$222.58 - $320.55
Q2 2023	14,027	$4,150	$280.51	$245.75 - $316.23
Q1 2023	15,010	$4,773	$302.16	$254.69 - $351.74
Q4 2022	14,659	$3,759	$258.51	$224.87 - $288.61
Q3 2022	14,419	$3,778	$309.53	$261.63 - $365.97
Q2 2022	14,814	$4,355	$348.20	$287.93 - $437.30
Q1 2022	14,876	$6,154	$459.42	$375.63 - $599.73
Q4 2021	14,540	$8,654	$567.76	$491.99 - $615.00
Q3 2021	15,017	$7,740	$557.27	$502.63 - $594.77
Q2 2021	15,112	$8,002	$498.37	$455.71 - $538.51
Q1 2021	15,372	$7,458	$446.03	$372.46 - $516.79
Q4 2020	15,295	$5,878	$336.52	$252.52 - $388.92
Q3 2020	16,155	$4,078	$269.17	$246.83 - $295.52
Q2 2020	12,581	$3,220	$234.34	$170.63 - $278.60
Q1 2020	12,409	$2,278	$224.74	$150.06 - $260.40
Q4 2019	10,125	$2,586	$233.98	$188.80 - $260.30
Q3 2019	33,727	$6,960	$202.05	$177.06 - $220.46
Q2 2019	39,175	$8,207	$201.62	$166.15 - $237.15
Q1 2019	38,682	$8,105	$188.23	$146.52 - $219.39
Q4 2018	38,618	$6,149	$166.48	$140.95 - $184.75
Q3 2018	38,124	$6,741	$160.21	$136.16 - $179.47
Q2 2018	37,073	$5,311	$147.27	$130.79 - $161.72
Q1 2018	35,984	$5,009	$128.01	$102.75 - $147.99
Q4 2017	38,284	$3,974	$108.72	$101.49 - $117.44
Q3 2017	30,129	$3,271	$102.62	$94.78 - $109.89
Q2 2017	22,200	$2,232	$99.04	$86.82 - $109.30
Q1 2017	22,000	$2,008	$86.66	$81.02 - $93.61
Q4 2016	20,359	$1,746	$74.12	$62.91 - $88.00
Q3 2016	23,459	$1,633	$61.48	$46.13 - $71.61
Q2 2016	23,259	$1,165	$58.13	$48.51 - $68.49
Q1 2016	28,659	$1,977	$62.49	$52.14 - $70.30
Q4 2015	26,959	$1,878	$74.94	$63.92 - $83.02
Q3 2015	24,060	$1,842	$94.33	$71.95 - $117.00
Q4 2014	30,160	$2,334	$72.03	$58.95 - $79.11
Q3 2014	31,860	$2,261	$78.00	$70.28 - $86.02
Q2 2014	32,160	$2,647	$73.00	$60.06 - $87.53
Q1 2014	31,960	$2,218	$61.32	$52.61 - $72.76
Q4 2013	35,560	$1,923	$50.14	$45.25 - $55.22
Q3 2013	39,860	$1,814	$46.13	$43.42 - $49.38
Q2 2013	39,760	$1,727	$45.53	$42.51 - $47.20
Q1 2013	38,860	$1,831	$43.83	$40.04 - $47.24