Williams James P 4

What Happened

• James P. Williams, SVP-CHRO of Polaris Inc. (PII), received equity awards on January 28, 2026. He was granted 10,010 shares that were recorded at $64.94 each (total value ≈ $650,049) and 37,207 derivative shares reported at $0.00 (a time‑vesting equity award).

Key Details

• Transaction date: 2026-01-28 (reported on Form 4 filed 2026-01-30).
• Grant types: A = Award/Grant. 10,010 shares acquired at $64.94 (total ≈ $650,049); 37,207 derivative securities reported at $0.00.
• Vesting note (F1): The derivative award vests in three equal installments on Feb 9, 2027; Feb 8, 2028; and Feb 13, 2029.
• Shares owned after transaction: Not specified in the provided filing details.
• Filing timeliness: Reported within two business days (filed Jan 30 for a Jan 28 transaction) — appears timely.

Context

• The 10,010 shares were delivered/acquired outright as part of a compensation award; the 37,207 units are a time‑vesting derivative grant (vesting schedule above) and are not exercised or sold at grant. Equity awards are common executive compensation and do not by themselves indicate a personal buy/sell market view.