Harley-Davidson (HOG) director Masood Rafeh buys 2,775 shares at $18

Rhea-AI Filing Summary

HARLEY-DAVIDSON, INC. director Masood Rafeh bought additional company stock in the open market. On this transaction date, he purchased 2,775 shares of common stock at a price of $18.00 per share. Following the purchase, his directly held stake increased to 7,480 shares of Harley-Davidson common stock.

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

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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^*

Masood Rafeh

(Last) (First) (Middle)

3700 WEST JUNEAU AVENUE

(Street)

MILWAUKEE WI 53208

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026

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

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

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

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/27/2026		P		2,775	A	$18	7,480	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

	/s/ Paul J. Krause, as Power of Attorney	03/02/2026
	** 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.

FAQ

What insider transaction did Harley-Davidson (HOG) disclose for Masood Rafeh?

Harley-Davidson disclosed that director Masood Rafeh executed an open-market purchase of company stock, acquiring 2,775 shares of common stock. This transaction increased his directly held position to 7,480 shares following completion of the trade, according to the Form 4 filing details.

How many Harley-Davidson (HOG) shares did Masood Rafeh buy and at what price?

Masood Rafeh purchased 2,775 shares of Harley-Davidson common stock at $18.00 per share. The filing characterizes this as an open-market purchase, indicating he bought shares directly in the market rather than through an option exercise or similar derivative transaction.

What is Masood Rafeh’s Harley-Davidson (HOG) share ownership after this Form 4 trade?

After the reported transaction, Masood Rafeh directly owns 7,480 shares of Harley-Davidson common stock. The total reflects his holdings immediately following the 2,775-share open-market purchase disclosed, and the ownership is reported as direct, with no additional nature-of-ownership footnotes provided.

Is Masood Rafeh’s Harley-Davidson (HOG) transaction a buy or a sell?

The Form 4 shows a buy transaction by Masood Rafeh. It is coded as a purchase in the open market, with 2,775 Harley-Davidson common shares acquired at $18.00 per share, increasing his directly held ownership to a reported total of 7,480 shares.

What transaction code is used for Masood Rafeh’s Harley-Davidson (HOG) Form 4 filing?

The filing uses transaction code “P,” which indicates a purchase in the open market or a private transaction. In this case, it covers Masood Rafeh’s acquisition of 2,775 Harley-Davidson common shares at $18.00 each, held directly after the trade.