STOCK TITAN

LiveWire (LVWR) CEO surrenders 43,475 shares to cover RSU tax withholding

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

LiveWire Group, Inc. Chief Executive Officer Karim Donnez reported a routine share disposition tied to equity compensation. On the vesting of restricted stock units, 43,475 shares of common stock were surrendered back to the company at $1.19 per share to satisfy tax withholding obligations, rather than being sold on the open market. Following this tax-withholding transaction, Donnez directly holds 1,574,633 shares of common stock, which includes 1,344,076 unvested restricted stock units that each represent the right to receive one share upon vesting.

Positive

  • None.

Negative

  • None.
Insider Donnez Karim
Role Chief Executive Officer
Type Security Shares Price Value
Tax Withholding Common Stock 43,475 $1.19 $52K
Holdings After Transaction: Common Stock — 1,574,633 shares (Direct, null)
Footnotes (1)
  1. Reflects shares of common stock surrendered to Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units. Includes 1,344,076 unvested restricted stock units with each unit representing the contingent right to receive one share of the Issuer's common stock upon vesting.
Shares surrendered for taxes 43,475 shares Common stock surrendered for tax withholding on RSU vesting
Tax withholding share value $1.19 per share Value per share used in tax-withholding disposition
Shares after transaction 1,574,633 shares CEO direct holdings following tax-withholding disposition
Unvested RSUs 1,344,076 units Unvested restricted stock units, each for one common share
restricted stock units financial
"in connection with the vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"satisfy tax withholding obligations in connection with the vesting"
unvested restricted stock units financial
"Includes 1,344,076 unvested restricted stock units with each unit"
contingent right financial
"each unit representing the contingent right to receive one share"
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SEC Form 4
FORM 4UNITED 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*
Donnez Karim

(Last)(First)(Middle)
3700 W. JUNEAU AVENUE

(Street)
MILWAUKEE WISCONSIN 53208

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
LiveWire Group, Inc. [ LVWR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/12/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock06/12/2026F43,475(1)D$1.191,574,633(2)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Reflects shares of common stock surrendered to Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units.
2. Includes 1,344,076 unvested restricted stock units with each unit representing the contingent right to receive one share of the Issuer's common stock upon vesting.
Remarks:
/s/ Allen Gerrard, Attorney-in-Fact06/16/2026
** Signature of Reporting PersonDate
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)

FAQ

What did LiveWire (LVWR) CEO Karim Donnez report in this Form 4?

The CEO reported a tax-related share disposition. 43,475 shares were surrendered to LiveWire Group to cover tax withholding on vesting restricted stock units, rather than sold in the market.

Was the LiveWire (LVWR) CEO’s Form 4 transaction an open-market sale?

No, the transaction was not an open-market sale. Shares were surrendered to the company to satisfy tax withholding obligations when restricted stock units vested, a common administrative event.

How many LiveWire (LVWR) shares does the CEO hold after this transaction?

After the transaction, the CEO holds 1,574,633 shares directly. This total includes both currently held common stock and 1,344,076 unvested restricted stock units that may convert into shares upon vesting.

What are the unvested restricted stock units mentioned in the LiveWire (LVWR) filing?

Unvested restricted stock units are equity awards that may convert into shares later. The CEO has 1,344,076 such units, each representing a contingent right to receive one LiveWire common share upon vesting conditions being met.

What price per share is associated with the LiveWire (LVWR) CEO’s tax withholding shares?

The surrendered shares are valued at $1.19 per share. This value is used for calculating the tax withholding obligation tied to the vesting of the CEO’s restricted stock units.