FARLEY JR JAMES D 4
Research Summary
AI-generated summary
Harley‑Davidson Director James D. Farley Jr Exercises 6,015 Shares
What Happened
James D. Farley Jr., a director of Harley‑Davidson, reported the exercise/conversion of a derivative on 2026-05-14 that resulted in 6,015 shares being acquired. The filing also shows a corresponding disposal of 6,015 derivative units on the same date. Both transactions are reported at $0.00 per share, so no cash purchase or sale value is recorded.
Key Details
- Transaction date: 2026-05-14; Form 4 filed 2026-05-18 (timely under SEC two-business-day rule).
- Transaction codes: M (exercise/conversion of derivative).
- Shares: 6,015 shares acquired and 6,015 derivative units disposed; price reported $0.00; total value $0.
- Shares owned after transaction: not provided in the summary provided here.
- Footnotes in filing: F1 (granted under Harley‑Davidson Director Stock Plan), F2 (1‑for‑1), F3 (includes dividend reinvestment), F4 (each Stock Unit = one share; shares payable on one‑year anniversary or upon earlier termination).
Context
This was an exercise/conversion of derivative instruments (stock units/options) rather than an open‑market buy or sale. The matching acquire/dispose entries at $0.00 commonly reflect conversion/cancellation mechanics (derivative converted into common shares and the derivative instrument settled), not a cash sale. No market sale or cash proceeds are indicated in this filing.