LiveWire Group (LVWR) exec surrenders shares to cover RSU tax bill
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ragland Ryan
Role
Head of Product Dev. & Design
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 3,055 | $2.68 | $8K |
Holdings After Transaction:
Common Stock — 141,856 shares (Direct)
Footnotes (1)
- Reflects shares of common stock surrendered to Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units. 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.
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.
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.