Koval Glen 4/A
Research Summary
AI-generated summary
Harley-Davidson SVP Glen Koval Receives Performance Award
What Happened
- Glen Koval, Senior Vice President, Motorcycle Development at Harley‑Davidson (HOG), received a grant of 2,287 performance shares on February 13, 2026. To cover tax withholding on the award, 742 shares were disposed (withheld/sold) at $20.42 each, totaling $15,152. The grant itself shows $0 acquisition price because it is an equity award.
Key Details
- Transaction date: February 13, 2026 (amended filing corrects an earlier erroneous date)
- Award: 2,287 performance shares (code A)
- Tax withholding/disposition: 742 shares @ $20.42 = $15,152 (code F). Footnote F1: settlement of performance shares being issued to the reporting person.
- Shares owned after the transaction: not disclosed on this Form 4/A
- Filing status: This is an amended Form 4 correcting the transaction date; the original Form 4 (filed Feb 19, 2026) reported the wrong date (Feb 17). The reporting was not within the typical 2‑business‑day window.
Context
- This was an equity award settlement, not an open‑market purchase or sale driven by investment choice; withholding/sale of shares to cover taxes (sell‑to‑cover) is routine and doesn’t by itself indicate insider sentiment.
- For retail investors: awards increase insider exposure on paper, but withheld shares reduce immediate share allotment. No speculations on motive—just a standard performance‑share settlement with tax withholding.