Form 4: Polaris Inc. Executive Benjamin D. Duke Reports Stock Transaction
SEC Form 4 Filing
Benjamin D. Duke, President-Marine at Polaris Inc., reports the disposition of 265 shares of common stock to cover tax obligations and updates holdings in the company's ESOP.
Summary
- On May 5, 2025, Benjamin D. Duke, President-Marine of Polaris Inc., reported a transaction involving the company's common stock.
- 265 shares were disposed of at a price of $33.92 to satisfy tax withholding obligations related to the vesting of a restricted stock award.
- Following the transaction, Duke directly owns 34,790 shares of Polaris Inc. common stock.
- Duke also indirectly owns 159 shares through the company's ESOP.
- The number of shares held in the ESOP is an estimate and varies with the price of Polaris stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates that a company executive has sold shares to cover tax obligations, which is a common practice.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| 05/05/2025 | Date of stock transaction and ESOP share estimation. |
| 05/07/2025 | Date of signature by Attorney-in-Fact. |
Keywords
Form 4, Polaris Inc., Benjamin D. Duke, Stock Transaction, ESOP, Tax Withholding, President-Marine
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