Harley‑Davidson Director Daniel J. Nova Exercises 5,168 Units

What Happened

• Daniel J. Nova, a director of Harley‑Davidson, exercised/converted 5,168 derivative units (transaction code M) into 5,168 shares of common stock on 2026-09-24. The reported exercise/conversion price was $0.00, so no cash payment was required; total reported cost = $0.00.
• The filing shows the derivative instrument was disposed (canceled) as part of the conversion — this reflects conversion of a stock unit/derivative into company shares, not an open‑market sale of shares to a third party.

Key Details

• Transaction date: 2026-09-24; Form 4 filed: 2026-09-28.
• Shares acquired: 5,168 common shares; Exercise/price: $0.00; Reported value: $0.00.
• Shares owned after transaction: Not specified in the Form 4 filing.
• Footnotes: F1 — granted under the Harley‑Davidson Director Stock Plan (as amended); F2 — 1-for-1 conversion; F3 — includes shares from automatic dividend reinvestment; F4 — each Stock Unit = one share, payable on the one‑year anniversary of the grant date or upon earlier termination of director service.
• Exhibit: Exhibit 24 (Power of Attorney) attached to the filing.
• Filing timeliness: Form 4 filed four days after the transaction date (report lists transaction 9/24 and filing date 9/28).

Context

• This was an exercise/conversion of derivative stock units into common shares (code M), not a sale. There was no cashless sale or market transaction reported — the director ended up with company shares obtained via plan conversion/vesting.
• Such conversions/awards are commonly part of director compensation/stock plans and do not necessarily signal a buy/sell sentiment by the insider.