Shotwell Gwynne 4
Research Summary
AI-generated summary
Polaris (PII) Director Shotwell Gwynne Receives Award of 492 Shares
What Happened
Shotwell Gwynne, a director of Polaris Inc. (PII), was credited with 492.43 Common Stock Equivalents (CSEs) on July 1, 2026, valued at $64.73 each for a total reported value of $31,875. The entry is recorded as an award/acquisition (code A) and reflects Gwynne’s election to defer a quarterly cash retainer into the Company’s Deferred Compensation Plan for Directors.
Key Details
- Transaction date: 2026-07-01; filing date: 2026-07-02 (filed timely).
- Price used for value: $64.73 per share equivalent; total reported value: $31,875.
- Amount credited: 492.43 Common Stock Equivalents (CSEs).
- Footnote: The total reported includes the 492.43 newly credited CSEs plus 278.51 CSEs and deferred stock units from the plan’s dividend reinvestment feature. CSEs may be settled in one share of common stock under the DC Plan.
- Shares owned after the transaction: not specified in the provided filing excerpt.
Context
This was a deferred-compensation credit (not an open-market purchase or sale). Such awards are routine for directors who elect to convert cash retainer payments into deferred stock equivalents and do not necessarily signal a change in insider sentiment. The transaction was reported promptly on the next day.