Was Paul J. Krause’s Harley-Davidson (HOG) share sale under a Rule 10b5-1 plan?

Yes. The sale was executed pursuant to a Rule 10b5-1(c) trading plan adopted by Paul J. Krause on November 14, 2025. Such pre-arranged plans schedule trades in advance, helping separate them from day-to-day discretionary trading decisions.

Harley-Davidson (HOG) CLO share sale under Rule 10b5-1 trading plan

Filing Impact

(Neutral)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Harley-Davidson, Inc. Chief Legal Officer Paul J. Krause reported an open-market sale of 1,564 shares of Common Stock at $26.00 per share on May 11, 2026. After the sale, he directly holds 30,012 shares and indirectly holds 598.2495 shares through a 401(k) plan. The sale was executed under a pre-arranged Rule 10b5-1(c) trading plan adopted on November 14, 2025.

Insider Trade Summary 10b5-1

Net Seller: 1,564 shares ($40,664)

Net Sell 2 txns

Insider Krause Paul J

Role Chief Legal Officer

Sold 1,564 shs ($41K)

Type	Security	Shares	Price	Value
Sale	Common Stock	1,564	$26.00	$41K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 30,012 shares (Direct, null); Common Stock — 598.25 shares (Indirect, By 401(k))

Footnotes (1)

The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1(c) trading plan adopted by the Reporting Person on November 14, 2025. Balance reflects the most current data available with regard to holdings in the 401(k) Plan.

Key Figures

Shares sold: 1,564 shares Sale price: $26.00 per share Direct holdings after sale: 30,012 shares +2 more

5 metrics

Shares sold 1,564 shares Open-market sale on May 11, 2026

Sale price $26.00 per share Non-derivative Common Stock transaction

Direct holdings after sale 30,012 shares Common Stock directly owned post-transaction

Indirect 401(k) holdings 598.2495 shares Common Stock held via 401(k) plan

10b5-1 plan adoption date November 14, 2025 Rule 10b5-1(c) trading plan for the reported sale

Key Terms

Rule 10b5-1(c) trading plan, Common Stock, 401(k) Plan

3 terms

Rule 10b5-1(c) trading plan financial

"The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1(c) trading plan..."

A Rule 10b5-1(c) trading plan is a legally defined, pre-set schedule that lets company insiders automatically buy or sell stock at specified times or under set formulas when they are not in possession of undisclosed, sensitive information. Think of it like an automatic payment plan for trades: because the instructions are written in advance, trades under the plan help protect insiders from allegations of trading on secret information and give investors clearer expectations about when insiders will transact, which can affect liquidity and perceived transparency.

Common Stock financial

"The sale reported involves shares of Common Stock in Harley-Davidson, Inc."

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

401(k) Plan financial

"Balance reflects the most current data available with regard to holdings in the 401(k) Plan."

A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.

Form 4 Insider Transactions: What Each Field Means →

05/13/2026 - 08:38 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Krause Paul J

(Last)

(First)

(Middle)

3700 WEST JUNEAU AVENUE

(Street)

MILWAUKEE

WISCONSIN

53208

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
HARLEY-DAVIDSON, INC. [ HOG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Legal Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/11/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/11/2026		S⁽¹⁾		1,564	D	$26	30,012	D
Common Stock								598.2495⁽²⁾	I	By 401(k)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1(c) trading plan adopted by the Reporting Person on November 14, 2025.

2. Balance reflects the most current data available with regard to holdings in the 401(k) Plan.

Remarks:

	/s/ Paul J. Krause, as Power of Attorney	05/13/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Harley-Davidson (HOG) disclose for Paul J. Krause?

Harley-Davidson’s Chief Legal Officer Paul J. Krause reported selling 1,564 shares of Common Stock. The transaction occurred at $26.00 per share and was classified as an open-market or private sale, according to the Form 4 insider trading report.

At what price did Paul J. Krause sell Harley-Davidson (HOG) shares?

Paul J. Krause sold 1,564 Harley-Davidson Common Stock shares at $26.00 per share. This price reflects the sale terms reported for the non-derivative transaction dated May 11, 2026, in the insider’s Form 4 filing.

How many Harley-Davidson (HOG) shares does Paul J. Krause hold after this sale?

After the sale, Paul J. Krause directly holds 30,012 shares of Harley-Davidson Common Stock. He also indirectly holds 598.2495 additional shares through a 401(k) plan, based on the most current plan data reported in the filing.

What indirect Harley-Davidson (HOG) holdings does Paul J. Krause report?

Paul J. Krause reports indirect ownership of 598.2495 Harley-Davidson Common Stock shares through a 401(k) plan. The balance reflects the most current data available for his 401(k) holdings, as disclosed in the footnotes to the Form 4.