Form 4: Harley-Davidson Director Acquires Share Units Under Director Stock Plan
SEC Form 4 Filing
Director Norman Thomas Linebarger acquired 8,190 share units of Harley-Davidson, Inc. under the Director Stock Plan.
Summary
- On May 16, 2024, Norman Thomas Linebarger, a director of Harley-Davidson, Inc., acquired 8,190 share units.
- The acquisition was made under the Harley-Davidson, Inc. Director Stock Plan, as amended.
- These share units are payable in Harley-Davidson common stock following termination of service as a director.
- The share units are subject to earlier payment pursuant to the Harley-Davidson, Inc. Director Stock Plan, as amended, and may be payable in cash in limited circumstances according to the Plan.
- Following the transaction, Linebarger directly owns 8,190 derivative securities.
Sentiment
Score: 6
Explanation: The document reflects a routine transaction related to director compensation, suggesting a neutral sentiment.
Positives
- The acquisition of share units by a director signals confidence in the company's future.
Future Outlook
The share units are payable in Harley-Davidson common stock following termination of service as a director and are subject to earlier payment pursuant to the Harley-Davidson, Inc. Director Stock Plan, as amended (share units payable in cash in limited circumstances according to the Plan).
Industry Context
Director stock ownership is a common practice in publicly traded companies to align the interests of directors with those of shareholders.
Stakeholder Impact
- The transaction aligns the director's interests with those of shareholders.
Key Dates
| Date | Description |
|---|---|
| 05/16/2024 | Date of transaction: Norman Thomas Linebarger acquired share units. |
| 05/20/2024 | Date of signature: Form 4 signed by Paul J. Krause, as Power of Attorney. |
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.