Form 4: LiveWire Group Director Hiromichi Mizuno Acquires Shares in Lieu of Cash Retainer

Director Hiromichi Mizuno acquired 216 shares of LiveWire Group, Inc. common stock on February 21, 2024, in lieu of an annual cash retainer.

Summary

• On February 21, 2024, Hiromichi Mizuno, a director of LiveWire Group, Inc., acquired 216 shares of common stock.
• The acquisition was made in lieu of an annual cash retainer.
• The price per share was $9.3.
• Following the transaction, Mizuno beneficially owns 42,906 shares of LiveWire Group, Inc.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction related to director compensation. The director taking stock instead of cash is a slightly positive sign.

Positives

• A director taking shares in lieu of cash may signal confidence in the company's future prospects.

Industry Context

Directors receiving stock in lieu of cash compensation is a fairly common practice, particularly in smaller or growth-oriented companies, as it aligns their interests with those of shareholders and conserves cash.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, but it reinforces the alignment of director interests with shareholder value.

Key Dates