Hendrickson Gary E 4

What Happened
Gary E. Hendrickson, a director of Polaris Inc. (PII), was credited with 492.43 Common Stock Equivalents (CSEs) on 2026-07-01 as an award/acquisition under the company's Deferred Compensation Plan for Directors. The filing reports an acquisition price of $64.73 per share equivalent, valuing the newly credited CSEs at $31,875. This was not an open-market purchase or sale but a deferred compensation credit (an award).

Key Details

• Transaction date: 2026-07-01; Form 4 filed 2026-07-02 (timely).
• Amount credited: 492.43 CSEs at $64.73 per share equivalent; reported value $31,875.
• Footnote: the Form 4 notes the column 5 total includes the 492.43 newly credited CSEs plus 525.72 CSEs/deferred stock units from dividend reinvestment (total ~1,018.15 CSEs reported after the transaction).
• Nature: Award / deferred compensation (code A) — CSEs may be settled in one share each under the DC Plan, not a market trade.

Context
CSEs are part of a director deferred compensation arrangement and represent a non-cash credit that can be converted to shares per plan rules. Such credits are routine forms of director pay and do not by themselves indicate buying or selling sentiment in the open market.