Form 4: Harley-Davidson Director Alstead Troy Reports Acquisition of Share Units

Director Troy Alstead reports acquiring 5,819 share units of Harley-Davidson common stock on May 14, 2025, under the Director Stock Plan.

Summary

• Troy Alstead, a director of Harley-Davidson, Inc., filed a Form 4 on May 16, 2025, reporting a transaction.
• On May 14, 2025, Alstead acquired 5,819 share units of Harley-Davidson common stock.
• These share units were granted pursuant to the Harley-Davidson, Inc. Director Stock Plan, as amended.
• Each share unit is equivalent to one share of common stock and is payable on the one-year anniversary of the grant date or upon earlier termination of service as a director.
• Following the reported transaction, Alstead beneficially owns 31,045.582 shares of common stock directly and 5,819 share units directly.

Sentiment

Score: 7

Explanation: Routine director stock acquisition, indicating confidence but not a major event.

Positives

• The acquisition of share units by a director signals confidence in the company's future.
• The Director Stock Plan aligns the interests of directors with those of shareholders.

Future Outlook

The shares are payable on the one year anniversary of the grant date or upon the earlier termination of service as a director.

Industry Context

Director stock ownership is a common practice to align management's interests with shareholders. This filing reflects standard compensation practices.

Comparison to Industry Standards

• Director compensation packages often include stock options or restricted stock units to incentivize long-term value creation.
• Companies like Polaris Inc. and Brunswick Corporation also utilize equity-based compensation for their directors.
• The amount of equity granted to directors varies based on company size, performance, and industry benchmarks.

Stakeholder Impact

• The acquisition of share units by a director can positively influence shareholder sentiment.
• It aligns the director's interests with those of the shareholders.

Key Dates

Keywords

Form 4, Director Stock Plan, Share Units, Beneficial Ownership, Harley-Davidson, Alstead, Director