Form 4: Polaris Inc. Director Gary E. Hendrickson Reports Acquisition of Common Stock

Director Gary E. Hendrickson reports acquisition of Polaris Inc. common stock equivalents through a deferred compensation plan.

Summary

• On April 1, 2024, Gary E. Hendrickson, a director of Polaris Inc., acquired 359.96 common stock equivalents (CSEs) at a price of $98.97 per CSE.
• These CSEs were credited to Hendrickson's account under the company's Deferred Compensation Plan for Directors (DC Plan).
• The acquisition is a result of Hendrickson's election to defer receipt of his quarterly cash retainer payment.
• Following the transaction, Hendrickson beneficially owns a total of 41,365.38 shares of common stock, including CSEs and deferred stock units acquired through dividend reinvestment.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The director's participation in the deferred compensation plan suggests confidence in the company's future, but the transaction itself is routine.

Positives

• The director's participation in the Deferred Compensation Plan demonstrates confidence in the company's future.

Industry Context

Directors often participate in deferred compensation plans as part of their overall compensation strategy, aligning their interests with the long-term performance of the company.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it involves a director's participation in a deferred compensation plan.

Key Dates