Shotwell Gwynne 4

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.