Alstead Troy 4

What Happened
Troy Alstead, a director of Harley‑Davidson, Inc. (HOG), was granted 6,250 stock units on 2026-05-21. The grant is recorded as a derivative acquisition at $0.00 per unit (total cost reported $0). These Stock Units represent the equivalent of one share of common stock each and are payable on the one-year anniversary of the grant or upon earlier termination of director service.

Key Details

• Transaction date: 2026-05-21; filing date: 2026-05-26 (appears late relative to the typical 2-business-day Form 4 deadline).
• Security: Stock Units (derivative) — 6,250 units acquired at $0.00 per unit.
• Shares owned after transaction: Not disclosed in the filing.
• Footnotes: Grant made under the Harley‑Davidson, Inc. Director Stock Plan (as amended); units convert 1-for-1 to common shares; payable one year after grant or upon earlier termination of service.
• Transaction type code: A (award/grant).

Context
Director stock unit grants are routine compensation for board service and are not the same as an open‑market purchase. These units do not represent immediately tradable shares; they convert to common stock after the vesting/payment condition (one year) or earlier if service terminates. Because this is an award rather than a purchase or sale, it should be viewed as compensation, not a direct market signal of buying or selling.