LiveWire executive sells 10,732 company shares

LiveWire Group, Inc. executive Jeremiah Nienhuis, Head of Strategy & Product Operations, sold 10,732 shares of common stock on July 29, 2026 in multiple transactions at a weighted average price of $2.3759 per share, within a $2.37–$2.40 range.

The filer has since corrected this document, so the figures below are the ones originally reported and some of them may have changed. Read the amended Form 4/A for what the company says now.

Rhea-AI Filing Summary

LiveWire Group, Inc. executive Jeremiah Nienhuis, Head of Strategy & Product Operations, sold 10,732 shares of common stock on July 29, 2026 in multiple transactions at a weighted average price of $2.3759 per share, within a $2.37–$2.40 range. Following these sales, he reported direct ownership of 110,608 shares, all representing unvested restricted stock units, each giving a contingent right to receive one share of common stock upon vesting. The transaction was not reported as made under a Rule 10b5-1 trading plan.

Insider Trade Summary

Net Seller: 10,732 shares

Net Sell 1 txn

Insider Nienhuis Jeremiah

Role Head of Strat. & Product Ops.

Sold 10,732 shs ($25K)

Type	Security	Shares	Price	Value
Sale	Common Stock F1, F2	10,732	$2.3759	$25K

Holdings After Transaction: Common Stock — 110,608 shares (Direct)

Footnotes (2)

1. F1. Reflects the weighted average price of 10,732 shares of common stock of LiveWire Group, Inc. sold by the reporting person in multiple transactions on July 29, 2026 with sale prices ranging from $2.37 to $2.40 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
2. F2. Includes 110,608 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

Shares sold: 10,732 shares Weighted average sale price: $2.3759 per share Sale price range: $2.37–$2.40 per share +2 more

5 metrics

Shares sold 10,732 shares Common stock sold on July 29, 2026 by Jeremiah Nienhuis

Weighted average sale price $2.3759 per share Average price for 10,732 shares sold in multiple transactions

Sale price range $2.37–$2.40 per share Range of prices for the July 29, 2026 share sales

Shares held after transaction 110,608 shares Directly owned, including 110,608 unvested restricted stock units

Unvested RSUs 110,608 units Each RSU represents a contingent right to one common share upon vesting

Key Terms

weighted average price, restricted stock units, contingent right, Rule 10b5-1

4 terms

weighted average price financial

"Reflects the weighted average price of 10,732 shares of common stock..."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

restricted stock units financial

"Includes 110,608 unvested restricted stock units with each unit representing..."

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.

contingent right financial

"each unit representing the contingent right to receive one share..."

Rule 10b5-1 regulatory

"The transaction was not reported as made under a Rule 10b5-1 trading plan."

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did LVWR executive Jeremiah Nienhuis report?

Jeremiah Nienhuis reported a sale of 10,732 LiveWire Group (LVWR) common shares on July 29, 2026. The shares were sold in multiple transactions at a weighted average price of $2.3759 per share, with individual prices between $2.37 and $2.40.

At what prices were the LVWR shares sold by Jeremiah Nienhuis?

The 10,732 LVWR shares were sold at a weighted average of $2.3759 per share. According to the disclosure, individual sale prices ranged from $2.37 to $2.40 per share across multiple transactions on July 29, 2026.

How many LiveWire Group (LVWR) shares does Jeremiah Nienhuis hold after the sale?

After the reported sale, Jeremiah Nienhuis directly holds 110,608 shares of LiveWire Group common stock. This amount includes 110,608 unvested restricted stock units, each representing the contingent right to receive one share upon vesting.

Was the LVWR insider sale by Jeremiah Nienhuis under a Rule 10b5-1 plan?

The filing indicates the transaction was not made under a Rule 10b5-1 trading plan. The Rule 10b5-1 checkbox was explicitly left unchecked, and no footnote describes the sale as executed pursuant to a pre-arranged trading plan.

What role does Jeremiah Nienhuis have at LiveWire Group (LVWR)?

Jeremiah Nienhuis is identified as Head of Strategy & Product Operations at LiveWire Group, Inc. His Form 4 filing relates to personal holdings of the company’s common stock, including unvested restricted stock units reported as directly owned.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 07/31/2026 - 04:14 PM Accepted by SEC EDGAR 07/31/2026 - 04:13 PM Learn about SEC filing dates

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

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^*

Nienhuis Jeremiah

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/29/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/29/2026		S		10,732	D	$2.3759(1)	110,608(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 the weighted average price of 10,732 shares of common stock of LiveWire Group, Inc. sold by the reporting person in multiple transactions on July 29, 2026 with sale prices ranging from $2.37 to $2.40 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

2. Includes 110,608 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	07/31/2026
	** 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).
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)