Do Charles 4

What Happened

• Charles Do, Senior Vice President, HDFSI at Harley‑Davidson (HOG), had restricted stock units (RSUs) convert to common shares on Feb 5–6, 2026. A total of 6,749 RSUs converted into 6,749 shares (acquired at $0.00).
• To cover tax liabilities, 2,508 shares were withheld/ surrendered (payment of tax liability): 571 shares on 2026-02-05 at $20.51 ($11,711) and 1,937 shares on 2026-02-06 at $20.01 ($38,759), totaling $50,470. After withholding, Do retained a net 4,241 shares.
• This was a vesting/conversion and tax-withholding event (routine), not an open-market sale or purchase.

Key Details

• Transaction dates/prices: Feb 5, 2026 — 1,535 RSUs converted (571 withheld at $20.51); Feb 6, 2026 — 5,214 RSUs converted (1,937 withheld at $20.01). Conversion entries show $0 acquisition price (RSU vesting).
• Net shares retained after withholding: 4,241 (6,749 converted − 2,508 withheld).
• Footnote: RSUs represent contingent rights to receive one share each; one‑third vests on each of the first three anniversaries of grant and units are subject to forfeiture until vested.
• Filing timeliness: Report filed 2026-02-09 for transactions on 2026-02-05 and 02-06 — appears timely (no late filing indicated).
• Transaction codes: M = conversion/exercise of derivative (RSU conversion); F = shares withheld to satisfy tax withholding.

Context

• This was essentially a vesting/settlement of RSUs with shares withheld to pay taxes (common "cashless" withholding), not a discretionary sale that would signal an intent to exit stock ownership. Such withholding is routine and typically reflects tax obligations at vesting rather than a change in conviction.