LiveWire Group (LVWR) exec surrenders shares to cover RSU tax bill

Rhea-AI Filing Summary

LiveWire Group, Inc. executive Ryan Ragland, Head of Product Development & Design, reported a tax-related share disposition. He surrendered 3,055 shares of common stock at $2.68 per share to the company to cover tax withholding tied to vesting restricted stock units. After this withholding transaction, he directly holds 141,856 common shares. He also has 123,781 unvested restricted stock units outstanding, each representing the contingent right to receive one share upon vesting.

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^*

Ragland Ryan

(Last) (First) (Middle)

3700 W JUNEAU AVENUE

(Street)

MILWAUKEE WI 53208

(City) (State) (Zip)

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

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Head of Product Dev. & Design

3. Date of Earliest Transaction (Month/Day/Year)
02/13/2026

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	02/13/2026		F		3,055(1)	D	$2.68	141,856(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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 123,781 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-fact	02/18/2026
	** 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).
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FAQ

What insider transaction did LVWR executive Ryan Ragland report on this Form 4?

Ryan Ragland reported surrendering 3,055 shares of LiveWire Group common stock. The shares were delivered back to the company to satisfy tax withholding obligations that arose when his restricted stock units vested.

Was the LVWR Form 4 transaction an open-market sale of shares?

No, the transaction was not an open-market sale. Shares were surrendered to LiveWire Group to cover tax withholding obligations in connection with vesting restricted stock units, a common administrative mechanism for equity compensation.

How many LiveWire (LVWR) shares did Ryan Ragland hold after the reported transaction?

After the tax-withholding disposition, Ryan Ragland directly held 141,856 shares of LiveWire Group common stock. This reflects his remaining ownership position following the surrender of 3,055 shares to cover tax obligations.

What was the price used for the tax-withholding share disposition in the LVWR Form 4?

The tax-withholding disposition used a price of $2.68 per share. This value was applied to the 3,055 surrendered shares of LiveWire Group common stock to satisfy the associated tax obligations from vesting restricted stock units.

How many unvested restricted stock units does LVWR’s Ryan Ragland still hold?

Ryan Ragland holds 123,781 unvested restricted stock units in LiveWire Group. Each unit represents a contingent right to receive one share of the company’s common stock if and when the unit vests in the future.

What role does Ryan Ragland have at LiveWire Group (LVWR)?

Ryan Ragland serves as Head of Product Development & Design at LiveWire Group. His Form 4 filing reflects equity compensation activity, including tax withholding related to vesting restricted stock units in the company’s common stock.