Root Jonathan R 4
Research Summary
AI-generated summary
Harley‑Davidson (HOG) CFO Jonathan R. Root Receives Award
What Happened
- Jonathan R. Root, Harley‑Davidson's Chief Financial Officer and Chief Commercial Officer, was granted 48,972 restricted stock units (RSUs) on February 13, 2026. The reported acquisition price is $0, indicating these were a compensation award (derivative grant), not an open‑market purchase.
- Per the filing footnote, each RSU represents a contingent right to one share; one‑third of the units vest on each of the first three anniversaries of the grant date and are subject to forfeiture until vested.
Key Details
- Transaction date: 2026-02-13; grant price reported as $0.00 (award/derivative).
- Shares/units granted: 48,972 RSUs.
- Shares owned after transaction: not specified in the filing.
- Notable footnotes: F2 explains RSU-to-share conversion and the 3‑year vesting schedule; F1 notes a balance disclosure related to 401(k) plan holdings elsewhere in the filing.
- Filing timing: Form 4 was filed on 2026-02-26 for a 2026-02-13 grant — outside the typical 2 business‑day window for Form 4s, so this appears to be a late filing.
Context
- This report is an equity compensation grant (award), not a purchase or sale. RSU grants are common executive compensation designed to align management with shareholder interests as units vest; they do not by themselves indicate immediate buying or selling activity.
- Because the units vest over time and are subject to forfeiture until vested, the economic benefit to the insider is deferred and contingent on continued service.