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Polaris Inc.·4

Feb 12, 8:14 PM ET

Mack Robert Paul 4

Research Summary

AI-generated summary

Updated

Polaris (PII) CFO Robert Mack Sells Shares

What Happened
Robert (Paul) Mack, Polaris Inc.’s CFO and EVP — Finance & Corporate Development, disposed of 16,251 shares of Polaris common stock between Feb 1 and Feb 12, 2026, for a total of approximately $1,086,082. The transactions included:

  • 1,900 shares withheld to satisfy tax obligations on vesting at $63.84 per share ($121,296).
  • 6,565 shares withheld to satisfy tax obligations on vesting at $67.70 per share ($444,451).
  • 3,963 shares sold in the open market at a weighted price of $67.08 per share ($265,838).
  • 3,823 shares sold in the open market at a weighted price of $66.57 per share ($254,497).

All actions were dispositions (sales or tax-withholding), which are routine forms of insider selling and do not by themselves indicate the insider’s future view of the company.

Key Details

  • Transaction dates: Feb 1, 2026 (tax-withholdings); Feb 10, 2026 (tax-withholding); Feb 12, 2026 (open-market sales).
  • Prices/values: see list above; total proceeds/consideration ≈ $1,086,082.
  • Shares owned after transaction: not specified in the provided filing excerpt.
  • Footnotes:
    • F1: Shares withheld to satisfy tax withholding on vesting of restricted stock award (not an open-market purchase).
    • F2/F3: Weighted-average sale prices reported for the Feb 12 open-market trades — detailed per-price breakdowns (price ranges given) will be provided on request to SEC/issuer/stockholders.
  • Filing timeliness: Form filed Feb 12, 2026; the earliest reported transaction occurred Feb 1, so the filing appears later than the typical 2-business-day Form 4 deadline.

Context

  • The two Feb 1/Feb 10 transactions are tax-withholdings tied to restricted stock vesting (a common administrative disposition), while the Feb 12 trades were open-market sales at reported weighted-average prices.
  • No option exercises, gifts, or 10% owner actions are reported here.
  • As with all insider sales, these transactions are factual records of disposition and should be considered alongside other insider activity and company fundamentals for investment decisions.