Cornog William L 4
4 · LiveWire Group, Inc. · Filed May 26, 2026
Research Summary
AI-generated summary of this filing
LiveWire (LVWR) Director William L. Cornog Receives RSU Award
What Happened William L. Cornog, a director of LiveWire Group, Inc. (LVWR), was granted 88,029 restricted stock units (RSUs) on May 21, 2026. The RSUs were awarded at $0.00 per unit (no cash paid) and represent a contingent right to receive one share of LiveWire common stock per unit once they vest. Because these are awards (not purchases or sales), they do not reflect an immediate market purchase or sale.
Key Details
- Transaction date: 2026-05-21; Filing date (Form 4): 2026-05-26 (filed late relative to the two-business-day Form 4 deadline).
- Type: Award/Grant of RSUs (transaction code A); 88,029 RSUs granted at $0.00.
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: Each RSU converts to one share upon vesting. The RSUs vest on the earlier of the next annual meeting of stockholders or the one-year anniversary of the grant, subject to Cornog’s continued service through the vesting date.
Context RSUs are a form of compensation and do not create immediate tradable shares until they vest and any applicable restrictions lapse. Such grants are common for directors as part of ongoing compensation and should not be interpreted alone as a buy or sell signal. The late filing delays public disclosure beyond the normal two-business-day window, which is an administrative lapse rather than an additional transaction detail.
Insider Transaction Report
- Award
Common Stock
[F1]2026-05-21+88,029→ 284,768 total
Footnotes (1)
- [F1]The transaction reported is a grant of restricted stock units. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. The restricted stock units will vest on the earlier of the next annual meeting of stockholders or the anniversary of the grant date, subject to the director's continued service through such date.