Form 3: LVWR Officer Owns 30,688 Shares; RSU Vesting Details

Rhea-AI Filing Summary

LiveWire Group, Inc. (LVWR) reporting person Jennifer Hoover, the company's Head Accounting Officer, reports beneficial ownership of 30,688 common shares. The shares explicitly include restricted stock units: 872 (granted Dec 13, 2024, half vesting Dec 13, 2026 and 2027), 4,191 (granted Feb 21, 2024, half vesting Feb 21, 2026 and 2027), and 23,530 (granted Feb 19, 2025, one‑third vesting each year 2026–2028).

The ownership event is dated 07/14/2025. The Form 3 was filed late due to a delay receiving the reporting person's EDGAR filer codes.

Positive

• Beneficial ownership of 30,688 common shares is disclosed, providing transparency on executive holdings.
• Detailed RSU disclosure lists grant dates and explicit vesting schedules (2026–2028), clarifying future equity vesting.

Negative

• Form 3 was filed late due to a delay receiving the reporting person's EDGAR filer codes, indicating an administrative filing lapse.

Insights

Financial Analyst

TL;DR: Routine initial Form 3 disclosing a modest executive stake via time‑based RSUs; filing delay is procedural.

The filing reports 30,688 common shares beneficially owned by Jennifer Hoover, comprised in part of time‑vesting restricted stock units (872; 4,191; 23,530) with multi‑year vesting through 2028. This establishes clear executive equity exposure and multi‑year incentive alignment. The late filing is disclosed as caused by an EDGAR filer code delay and appears procedural rather than substantive.

Corporate Governance Expert

TL;DR: Officer RSU holdings show staged vesting and alignment; late Form 3 filing is a governance notice item.

The report details specific RSU grants and vesting schedules, which tie compensation to future service and may support alignment with shareholders over 2026–2028. The filing notes it was submitted late due to EDGAR filer code delays; while this flags an administrative lapse, the disclosure itself is specific and transparent about the holdings and vesting terms.

SEC Form 3

FORM 3

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

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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1. Name and Address of Reporting Person^*

Hoover Jennifer

(Last) (First) (Middle)

3700 W JUNEAU AVENUE

(Street)

MILWAUKEE WI 53208

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
07/14/2025

3. Issuer Name and Ticker or Trading Symbol
LiveWire Group, Inc. [ LVWR ]

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

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

5. 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 Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	30,688(1)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The shares include the following restricted stock units: (i) 872 restricted stock units that were granted on December 13, 2024, one-half of which units vest on December 13, 2026 and 2027 (ii) 4,191 restricted stock units that were granted on February 21, 2024, one-half of which units vest on February 21, 2026 and 2027, and (iii) 23,530 restricted stock units that were granted on February 19, 2025, one-third of which units vest on each of February 19, 2026, 2027 and 2028.

Remarks:

This Form 3 was filed late due to a delay receiving the reporting person's EDGAR filer codes.

	/s/ Allen Gerrard, Attorney-in-Fact	08/13/2025
	** 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 5 (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

Who filed the Form 3 for LiveWire (LVWR)?

Jennifer Hoover, identified as the company's Head Accounting Officer, is the reporting person.

How many LiveWire (LVWR) shares does the reporting person beneficially own?

The filing reports 30,688 common shares beneficially owned by the reporting person.

What restricted stock units (RSUs) are included and what are their vesting schedules?

The shares include: 872 RSUs (granted 12/13/2024, half vesting 12/13/2026 and 12/13/2027), 4,191 RSUs (granted 02/21/2024, half vesting 02/21/2026 and 02/21/2027), and 23,530 RSUs (granted 02/19/2025, one‑third vesting in 2026, 2027 and 2028).

What is the date of the ownership event reported on the Form 3 for LVWR?

The Form 3 lists the date of the event requiring the statement as 07/14/2025.

Was the Form 3 filed on time?

No. The filing notes it was filed late due to a delay in receiving the reporting person's EDGAR filer codes.