LiveWire CEO withholds shares for RSU taxes
LiveWire Group, Inc. Chief Executive Officer Karim Donnez reported a routine share disposition tied to equity compensation.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 43,475 | $1.19 | $52K |
Footnotes (2)
- F1. Reflects shares of common stock surrendered to Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units.
- F2. 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.
Key Figures
Key Terms
restricted stock units financial
tax withholding obligations financial
unvested restricted stock units financial
contingent right financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did LiveWire (LVWR) CEO Karim Donnez report in this Form 4?
Was the LiveWire (LVWR) CEO’s Form 4 transaction an open-market sale?
What are the unvested restricted stock units mentioned in the LiveWire (LVWR) filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.