Krause Paul J 4

What Happened

• Paul J. Krause, Chief Legal Officer of Harley‑Davidson, received an award of 3,757 performance shares on 2026-02-17 (reported on Form 4 filed 2026-02-19). The award price is listed as $0.00 (grant of shares).
• To cover tax withholding associated with the grant, 1,766 shares were surrendered/disposed at $20.42 per share, generating a withholding value of $36,062.
• Net shares issued to Krause from this settlement: 3,757 awarded − 1,766 withheld = 1,991 shares retained.

Key Details

• Transaction date: 2026-02-17; Form 4 filed: 2026-02-19 (timely).
• Award: 3,757 shares (code A) at $0.00 (grant).
• Tax withholding: 1,766 shares (code F) disposed at $20.42 each; total withholding value reported $36,062.
• Shares owned after transaction: filing notes balance data reflects holdings in the company 401(k) Plan (footnote F2); the Form 4 shows updated plan balance (see filing for exact post-transaction totals).
• Footnotes: F1 indicates these shares represent settlement of performance shares. F2 notes balances reflect the most current 401(k) Plan data.
• Filing appears timely (no late-report indicator).

Context

• This was a settlement of performance-based equity, not an open-market purchase or sale for cash. The disposal of 1,766 shares is a tax-withholding action (common when companies issue equity awards) rather than a discretionary sale for proceeds.
• Awards like these are routine compensation events and do not by themselves indicate the insider’s view of the stock; tax withholding reduces the net new shares actually received.