Reintjes Matthew J 4
Research Summary
AI-generated summary
Harley‑Davidson Director Matthew Reintjes Receives Stock Award
What Happened
- Matthew J. Reintjes, a director of Harley‑Davidson, was granted equity awards on 2026-05-21: 2,479 shares (directly granted) and 6,250 stock units (a derivative award). Both items were reported at an acquisition price of $0, so the reported cash value on the Form 4 is $0.
- The 6,250 stock units are derivative/stock‑unit awards that convert 1‑for‑1 into common shares and are payable on the one‑year anniversary of the grant or earlier if his service as a director terminates. These awards are standard director compensation rather than an open‑market purchase.
Key Details
- Transaction date: 2026-05-21; Filing date: 2026-05-26 (filed 5 days after the transaction).
- Price reported: $0.00 per share/unit; total reported cash consideration = $0.
- Shares owned after the transaction: not specified in the provided filing details.
- Footnotes: F1 — grants made under the Harley‑Davidson, Inc. Director Stock Plan (as amended). F2 — 1-for-1 conversion. F3 — each stock unit equals one share and is payable after one year or on earlier termination.
- Timeliness: Filing was submitted 5 days after the transaction date, which is beyond the typical 2-business‑day Form 4 deadline (this reduces near‑real‑time transparency).
Context
- These awards are compensation grants to a non‑executive director and are routine for board service; they are not purchases indicating a direct cash investment by the insider.
- The 6,250 stock units are a derivative award (not immediate shares) and will convert to common stock if and when they vest/payable under the plan.