Mack Robert Paul 4

What Happened

• Robert Paul Mack, Polaris' Chief Financial Officer and EVP — Finance & Corporate Development, had derivative units converted into shares under the company's Supplemental Executive Retirement Plan (SERP). The Form 4 shows 23 shares acquired via exercise/conversion of a derivative and a corresponding 23-share disposition of a derivative on 2026-06-01. No per-share price or cash value is reported.

Key Details

• Transaction date: 2026-06-01 (Form 4 filed 2026-06-02).
• Transaction type/code: M — exercise/conversion of derivative (deferred stock units).
• Shares: 23 shares acquired and 23 shares disposed (derivative conversion/transfer); price reported as N/A and no dollar amount disclosed.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes of note:
  • F1–F3: The officer elected quarterly distributions under the SERP; each deferred stock unit equals the right to one share on settlement. Units may be moved into an alternative investment account after six months and one day.
• Timeliness: Filing covers 2026-06-01 and was filed on 2026-06-02; no indication this filing was late.

Context

• This transaction reflects the settlement/conversion of deferred stock units under a retirement plan rather than an open-market buy or sale. It does not necessarily indicate a market-view purchase or cash proceeds — simply a distribution/conversion of previously awarded or deferred units.