KESSLER BERND F 4
4 · Polaris Inc. · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
Polaris (PII) Director Bernd Kessler Receives 531-Share Award
What Happened
Director Bernd F. Kessler was credited with 531.05 Common Stock Equivalents (CSEs) on July 1, 2026, recorded as an acquisition (award) at an implied price of $64.73 per share for a value of $34,375. The credit resulted from his election to defer his quarterly cash retainer under Polaris’s Deferred Compensation Plan for Directors (the DC Plan).
Key Details
- Transaction date: 2026-07-01; filing date: 2026-07-02 (appears timely).
- Reported acquisition: 531.05 CSEs at $64.73 each; reported value $34,375.
- The filing notes the column 5 total includes the 531.05 newly credited CSEs plus 598.70 CSEs/deferred stock units from the DC Plan’s dividend reinvestment feature (combined = 1,129.75 CSEs reflected in the report).
- Shares owned after the transaction: not specified in the provided filing details.
- Transaction type: A = award/grant (credit of deferred-compensation stock equivalents), not an open-market purchase or sale.
Context
Common Stock Equivalents (CSEs) are deferred-compensation units that may be settled in one share of common stock; this credit is an administrative compensation/deferral event rather than a market purchase or sale. Such awards reflect compensation elections and dividend reinvestment mechanics and should not be interpreted on their own as a clear buy/sell signal.
Insider Transaction Report
- Award
Common Stock
[F1]2026-07-01$64.73/sh+531.05$34,375→ 62,847.52 total
Footnotes (1)
- [F1]The reported transaction involved the crediting of 531.05 Common Stock Equivalents (CSEs), each of which may be settled in one share of common stock, to the reporting person's account under the Company's Deferred Compensation Plan for Directors (DC Plan) in connection with the reporting person's election to defer receipt of the reporting person's quarterly cash retainer payment. The total reported in column 5 includes the 531.05 newly acquired CSEs, and 598.70 CSEs and deferred stock units acquired pursuant to the dividend reinvestment feature of the DC Plan.