Shotwell Gwynne 4
4 · Polaris Inc. · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
Polaris (PII) Director Gwynne Shotwell Receives Award of ~560 Shares
What Happened
Gwynne Shotwell, a director of Polaris Inc. (PII), was credited with 559.87 Common Stock Equivalents (CSEs) under the company's Deferred Compensation Plan for Directors on April 1, 2026. The filing reports a per-unit value of $54.70, valuing the newly credited CSEs at $30,625. The reported total also includes an additional 329.35 CSEs and deferred stock units from the plan’s dividend reinvestment feature.
Key Details
- Transaction date: 2026-04-01; filing date (accession): 2026-04-02 (filed next day).
- Transaction type/code: Award/Grant (A) — crediting of CSEs rather than an open-market purchase.
- Amount credited: 559.87 CSEs at $54.70 each = $30,625 (plus 329.35 CSEs/DSUs from dividend reinvestment included in the reported total).
- What the CSEs mean: Each CSE may be settled into one share of common stock under the DC Plan (deferred compensation).
- Shares owned after transaction: Not specified in the provided filing.
- Timeliness: Filing appears timely (reporting period 2026-04-01, filed 2026-04-02).
Context
This was a routine director deferred-compensation credit (electing to defer a cash retainer into CSEs), not a market purchase or sale. Such credits are common for director compensation and do not by themselves indicate insider buying or selling intent; they reflect plan elections and dividend reinvestment mechanics.
Insider Transaction Report
- Award
Common Stock
[F1]2026-04-01$54.70/sh+559.87$30,625→ 26,074.42 total
Footnotes (1)
- [F1]The reported transaction involved the crediting of 559.87 Common Stock Equivalents (CSEs), each of which may be settled in one share of common stock, to the reporting person's account under the Company's Deferred Compensation Plan for Directors (DC Plan) in connection with the reporting person's election to defer receipt of the reporting person's quarterly cash retainer payment. The total reported in column 5 includes the 559.87 newly acquired CSEs, and 329.35 CSEs and deferred stock units acquired pursuant to the dividend reinvestment feature of the DC Plan.