Form 4: LiveWire Group Executive Amanda Athayde Reports Stock Grant and Disposal
SEC Form 4 Filing
Chief Legal Officer Amanda Athayde reports receiving a grant of restricted stock units and disposing of common stock.
Summary
- Amanda Athayde, Chief Legal Officer of LiveWire Group, Inc., filed a Form 4 detailing changes in beneficial ownership.
- On February 21, 2024, Athayde acquired 39,282 shares of common stock through a grant of restricted stock units (RSUs).
- Each RSU represents a contingent right to receive one share of LiveWire Group's common stock.
- One-third of the units granted vest on each of the first three anniversaries of the grant date.
- Athayde also disposed of 135,718 shares of common stock.
- Following these transactions, Athayde beneficially owns 135,718 shares.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of stock transactions.
Future Outlook
The restricted stock units vest over the next three years, contingent on continued service.
Industry Context
Form 4 filings are routine disclosures for corporate insiders and provide transparency into their transactions in company stock.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into management's holdings and incentives.
Key Dates
| Date | Description |
|---|---|
| 02/21/2024 | Date of the stock grant and disposal transaction |
| 02/27/2024 | Date of Form 4 filing |
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