Dicken Scott Fraser 4
4 · Polestar Automotive Holding UK PLC · Filed Apr 29, 2026
Research Summary
AI-generated summary of this filing
Polestar (PSNY) CCO Dicken Scott Fraser Sells 895 Shares
What Happened
Dicken Scott Fraser, Chief Commercial Officer of Polestar Automotive Holding UK PLC (PSNY), sold 895 Class A American Depositary Shares (ADSs) on 2026-04-27. The filing reports a weighted-average price of $17.68 per ADS for total proceeds of approximately $15,826. The sale was executed automatically as a sell-to-cover to satisfy tax withholding on vested equity awards, not as a discretionary open-market trade.
Key Details
- Transaction date: 2026-04-27 (filed 2026-04-29; appears timely within the 2-business-day window).
- Reported price: $17.68 per ADS (weighted average). Broker executed block trades across several days at weighted-average prices ranging $17.5813–$17.7911.
- Shares sold: 895 ADSs; proceeds ≈ $15,826.
- Shares owned after transaction: not reported in the provided filing details.
- Footnotes: F1 — sale was an automatic sell-to-cover for tax withholding on vesting; F2 — price is a weighted average from broker block trades.
- Transaction type: Sale (S); often routine for tax withholding and typically less indicative of insider sentiment than discretionary purchases.
Context
Sell-to-cover trades are common when equity awards vest and are generally automatic to cover withholding taxes. Because this sale was executed to satisfy tax obligations and not made at the insider’s discretion, it should not be interpreted as a strong signal about the officer’s view of the company stock.
Insider Transaction Report
- Sale
Class A American Depositary Shares
[F1][F2]2026-04-27$17.68/sh−895$15,826→ 961 total
Footnotes (2)
- [F1]All of the Class A American Depositary Shares ("ADSs") were sold pursuant to a sell to cover transaction to satisfy tax withholding obligations upon the vesting of equity awards. The sale was executed automatically pursuant to a sell to cover arrangement and does not represent a discretionary trade by the Reporting Person.
- [F2]The price reported is a weighted average price. These ADSs were sold as part of block trades by the broker executing the sell to cover transactions over several days for multiple security holders of the Issuer at weighted average prices ranging from $17.5813 to $17.7911, inclusive.