Duke Benjamin D 4

What Happened

• Duke Benjamin D, President‑Marine at Polaris Inc. (PII), was granted equity awards on January 28, 2026. The filing shows an acquisition of 9,240 shares at $64.94 each (value $600,046) and an additional 34,345 derivative units reported at $0.00 (a non‑cash award).

Key Details

• Transaction date: 2026-01-28 (filed with the SEC on 2026-01-30; filing appears timely).
• Grants: 9,240 shares @ $64.94 (cash value $600,046); 34,345 derivative units @ $0.00 (award/derivative).
• Shares owned after transaction: Not specified in the filing summary; footnote references an ESOP estimate as of Jan 29, 2026.
• Footnotes:
  • F1: The filing includes an estimate of shares held in the reporting person’s ESOP as of Jan 29, 2026 (number varies with Polaris stock price).
  • F2: The derivative/option award vests in three equal installments on Feb 9, 2027; Feb 8, 2028; and Feb 13, 2029.
• No sale or cashless exercise reported — this is an equity grant/award (acquisition).

Context

• The $0.00 line for 34,345 units indicates a granted derivative award (e.g., options or RSUs) rather than an open‑market purchase; F2 shows a multi‑year vesting schedule. Equity awards are commonly part of executive compensation and do not by themselves indicate the insider is buying or selling stock in the open market.