Neumann Karl-Thomas 4
Research Summary
AI-generated summary
Polestar (PSNY) Director Karl-Thomas Neumann Buys 2,009 Shares
What Happened
Karl-Thomas Neumann, a director of Polestar Automotive Holding UK PLC (PSNY), purchased 2,009 shares in an open-market/private purchase on June 29, 2026. The reported weighted-average price was $16.93 per share for a total reported value of $34,012. This transaction is a purchase (insider buy), which is generally treated as a direct acquisition of company stock rather than a sale.
Key Details
- Transaction date: 2026-06-29; Form 4 filed: 2026-07-01 (appears timely under the two-business-day Form 4 rule).
- Transaction type/code: Open-market or private purchase (Code P).
- Shares acquired: 2,009; reported weighted-average price: $16.93; reported total value: $34,012.
- Price range: Footnote states these shares were bought in multiple trades at prices ranging from $16.79 to $17.07; the $16.93 is a weighted average. The filer offers to provide breakdown by trade on request.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- No 10b5-1 plan or tax-withholding notes were disclosed in the provided information.
Context
This was a straightforward open-market purchase by a company director. Purchases (unlike gifts or routine selling for diversification) can be of interest to investors as a direct addition to insider holdings, though this summary does not assert motive or predict future stock performance.