Krause Paul J 4
Research Summary
AI-generated summary
Harley‑Davidson (HOG) Chief Legal Officer Paul Krause Receives Award
What Happened
- Paul J. Krause, Chief Legal Officer of Harley‑Davidson, received an award of 24,486 restricted stock units (RSUs) on 2026-02-13. The grant is reported as a derivative award (transaction code A) with an acquisition price shown as $0.00. The filing does not state a cash purchase amount — RSUs represent a contingent right to receive shares in the future rather than an immediate stock purchase.
Key Details
- Transaction date: 2026-02-13 (reported on Form 4 filed 2026-02-26).
- Award: 24,486 RSUs; reported price: $0.00 (derivative award).
- Vesting: Per footnote, each RSU equals the right to one share; one‑third vests on each of the first three anniversaries of the grant date and units are forfeitable until vested (Footnote F2).
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Other footnote: F1 notes balances reflect the most current 401(k) Plan data (likely related to holdings disclosure).
- Timeliness: The Form 4 was filed 13 days after the transaction date, which is later than the typical 2-business-day reporting window for Form 4s.
Context
- RSU grants are a common form of executive compensation. They do not represent an immediate sale or cash purchase and will convert to common shares only as they vest; therefore they do not by themselves indicate buying or selling intent.