Alstead Troy 4
Research Summary
AI-generated summary
Harley‑Davidson (HOG) Director Troy Alstead Converts 6,015 Stock Units
What Happened
- Troy Alstead, a director of Harley‑Davidson, reported the exercise/conversion of 6,015 derivative units into 6,015 shares on 2026-05-14. The Form 4 shows both an "acquired" and a matching "disposed" entry for 6,015 shares, each at $0.00, meaning no cash sale price is reported on the form.
Key Details
- Transaction date: 2026-05-14; Form 4 filed: 2026-05-18 (filed within normal Form 4 timing).
- Reported amounts: 6,015 shares acquired (derivative exercise/conversion) and 6,015 shares disposed (derivative) at $0.00 per share; the filing reports $0 cash consideration.
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Footnotes: granted under the Harley‑Davidson Director Stock Plan (F1); 1-for-1 conversion ratio (F2); includes reinvested dividends where applicable (F3); each Stock Unit equals one share and is payable on the one‑year anniversary of grant or upon earlier termination of service (F4).
Context
- This was a conversion/exercise of director stock units (derivative transaction), not an open‑market sale or purchase. The matching zero-dollar "disposed" entry on the Form 4 typically reflects internal conversion/settlement mechanics (e.g., conversion of units to shares or transfer for tax/withholding purposes) rather than a cash sale to the market. No cash proceeds or market sale are reported in this filing.