Form 4: Harley-Davidson CEO Jochen Zeitz Reports Stock Transactions
SEC Form 4 Filing
Harley-Davidson's CEO, Jochen Zeitz, reported the vesting of restricted stock units and subsequent sale of shares to cover tax obligations.
Summary
- On February 5, 2025, Jochen Zeitz, the President and CEO of Harley-Davidson, Inc., reported transactions involving the company's common stock.
- Zeitz exercised 63,951 restricted stock units, each representing a contingent right to receive one share of stock, at a price of $0.
- Following the exercise, Zeitz sold 23,345 shares of common stock at $26.82 per share to satisfy tax obligations.
- After these transactions, Zeitz directly owns 630,287.014 shares of common stock and indirectly owns 592.5066 shares through a 401(k) plan.
- The restricted stock units vest in three equal installments on the first three anniversaries of the grant date and are subject to forfeiture until vested.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, which carries a neutral sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common practice and required by the SEC to ensure transparency and prevent insider trading.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/05/2025 | Date of the stock transactions (exercise of restricted stock units and sale of shares). |
| 02/05/2025 | Date the restricted stock units were exercised. |
| 02/05/2027 | Expiration date of the restricted stock units. |
| 02/07/2025 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.