Donnez Karim 4
4 · LiveWire Group, Inc. · Filed Jun 16, 2026
Research Summary
AI-generated summary of this filing
LiveWire CEO Donnez Karim Surrenders 43,475 Shares for Taxes
What Happened
Donnez Karim, Chief Executive Officer of LiveWire Group, surrendered 43,475 shares of LiveWire common stock on June 12, 2026 to satisfy tax withholding obligations related to the vesting of restricted stock units. The shares were valued at $1.19 each, for a total consideration of $51,735. This was a tax-withholding disposition (code F), not an open-market sale.
Key Details
- Transaction date: 2026-06-12; filing date: 2026-06-16 (filed within the standard two-business-day window).
- Disposition: 43,475 shares surrendered at $1.19 per share — total value ~$51,735.
- Transaction code: F (shares surrendered to issuer to satisfy tax withholding).
- Shares owned after transaction: not specified in the provided excerpt; the filing footnote notes 1,344,076 unvested restricted stock units (RSUs) that convert to shares upon vesting.
- Footnotes: F1 — shares were surrendered to satisfy tax withholding on RSU vesting; F2 — beneficial ownership figures include 1,344,076 unvested RSUs.
Context
This was a routine tax-withholding action tied to RSU vesting (a cashless withholding), not a deliberate open-market sale that would signal a direct decision to liquidate holdings. Such transactions are common after equity awards vest and do not, by themselves, imply CEO sentiment about the company’s stock. For full ownership details and any additional context, consult the complete Form 4 filing (Accession: 0001628280-26-043704).
Insider Transaction Report
- Tax Payment
Common Stock
[F1][F2]2026-06-12$1.19/sh−43,475$51,735→ 1,574,633 total
Footnotes (2)
- [F1]Reflects shares of common stock surrendered to Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units.
- [F2]Includes 1,344,076 unvested restricted stock units with each unit representing the contingent right to receive one share of the Issuer's common stock upon vesting.