Gruner Kjell 4

What Happened Kjell Gruner, a director of LiveWire Group, Inc. (LVWR), was awarded 88,029 restricted stock units (RSUs) on 2026-05-21. The reported acquisition price is $0.00, so no cash was exchanged (total reported value $0). Each RSU represents a contingent right to receive one share of LiveWire common stock upon vesting.

Key Details

• Transaction date reported: 2026-05-21; Form filed: 2026-05-26. (This appears to be after the typical 2-business-day Form 4 deadline.)
• Security: Restricted stock units (RSUs) — 88,029 units granted.
• Price: $0.00 per RSU; reported dollar value $0.
• Vesting: RSUs vest on the earlier of the next annual meeting of stockholders or the one-year anniversary of the grant, subject to continued service (footnote F1).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Transaction code: A (award/grant).

Context This was an equity award (not a market purchase or sale). Awards to non-employee directors are common as compensation for service; they do not reflect an immediate cash investment or sale. Because these RSUs are contingent on continued service and a future vesting event, they may convert into shares only if vesting conditions are met. The filing date is several days after the transaction date, which may indicate a delayed Form 4 filing.