Termaat Tori 4

What Happened

• Tori Termaat, Chief Human Resources Officer at Harley‑Davidson (HOG), was issued 2,538 performance-based restricted shares on Feb 17, 2026 (reported on Form 4). To satisfy tax withholding, 1,239 of those shares were withheld/disposed at $20.42 each, generating proceeds of $25,300. The award is reported as an acquisition (grant) and the withholding is reported as a disposition.

Key Details

• Transaction date: 2026-02-17; Filing date: 2026-02-19 (filed within the typical 2-business-day Form 4 window)
• Award: 2,538 shares granted (code A, $0.00 per share on grant)
• Tax withholding/disposition: 1,239 shares disposed at $20.42 each = $25,300 (code F)
• Footnotes: F1 — settlement of performance shares being issued to the reporting person; F2 — balance shown reflects most current data for holdings in the company 401(k) plan
• Shares owned after transaction: not specified in the provided excerpt beyond the 401(k) balance note

Context

• This was a compensation settlement of performance shares, not an open-market buy or a voluntary sale. The withholding of shares to cover taxes (code F) is a routine administrative action and not necessarily a signal of insider trading intent.