Form 4: Harley-Davidson Director Norman Thomas Linebarger Reports Acquisition of Common Stock and Share Units
SEC Form 4 Filing
Director Norman Thomas Linebarger reports acquiring Harley-Davidson common stock and share units through the Director Stock Plan.
Summary
- On May 14, 2025, Norman Thomas Linebarger, a director of Harley-Davidson, Inc., acquired 4,415 shares of common stock at $0 per share.
- Following this transaction, Linebarger directly owns 29,065.58 shares of Harley-Davidson common stock.
- Linebarger also acquired 5,819 share units, which are payable in Harley-Davidson common stock after termination of service as a director.
- These share units are subject to earlier payment under the Harley-Davidson, Inc. Director Stock Plan, as amended, and may be payable in cash in limited circumstances.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reports a standard transaction related to director compensation. It doesn't inherently indicate positive or negative performance.
Positives
- The acquisition of shares by a director could be seen as a positive signal, indicating confidence in the company's future.
Future Outlook
The share units are payable in issuer's 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
This filing is a routine disclosure related to director compensation and stock ownership, common in publicly traded companies.
Comparison to Industry Standards
- Director compensation packages often include stock and share units to align the interests of directors with those of shareholders.
- Many companies, such as Polaris and BRP, have similar director stock plans.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment, as it indicates director confidence.
Key Dates
| Date | Description |
|---|---|
| 05/14/2025 | Date of transaction: Acquisition of common stock and share units. |
| 05/16/2025 | Date of signature by Power of Attorney. |
Keywords
Harley-Davidson, Director Stock Plan, Share Units, Common Stock, Beneficial Ownership, Form 4, Linebarger, Director
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