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.