Bekefy Jon 4
Research Summary
AI-generated summary
LiveWire (LVWR) Head of Global Sales Jon Bekefy Surrenders 662 Shares
What Happened Jon Bekefy, Head of Global Sales & Marketing at LiveWire Group (LVWR), surrendered 662 shares of common stock on 2026-06-14 to satisfy tax withholding obligations tied to the vesting of restricted stock units. The shares were valued at $1.19 each, for a total of about $788. This was a tax-withholding share surrender (not an open-market sale or purchase).
Key Details
- Transaction date and price: 2026-06-14; 662 shares at $1.19 per share (total ≈ $788).
- Transaction type/code: F — payment of exercise price or tax liability (shares surrendered to issuer for tax withholding).
- Filing date: Form 4 filed 2026-06-16 — appears to be filed within the typical two-business-day Form 4 window.
- Shares owned after transaction: not specified in the provided excerpt.
- Related footnotes: F1 — shares surrendered to satisfy tax withholding on RSU vesting; F2 — Bekefy holds 164,745 unvested RSUs (each converts to one share upon vesting).
Context Surrendering shares to cover taxes is a routine administrative action and does not necessarily signal buying or selling sentiment. The transaction reduced Bekefy’s outstanding shares by 662 but the filing shows a large balance of unvested RSUs (164,745), which represent contingent future shares if/when they vest.