LiveWire (LVWR) General Counsel receives 101,395 RSUs and surrenders shares for tax

Rhea-AI Filing Summary

LiveWire Group, Inc. General Counsel & Board Secretary Gerrard Allen reported two equity transactions in company common stock. On February 19, 2026, he surrendered 16,481 shares at $2.33 per share to the issuer to satisfy tax withholding obligations tied to vesting restricted stock units.

On the same date, he received a grant of 101,395 restricted stock units, each representing one share of common stock upon vesting. One-third of these units vest on each of the first three anniversaries of the grant date, and they are subject to forfeiture until vested. Following these transactions, his direct holdings included 166,827 unvested restricted stock units.

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^*

Gerrard Allen

(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)
	General Counsel & Board Sec.

3. Date of Earliest Transaction (Month/Day/Year)
02/19/2026

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	02/19/2026		F		16,481(1)	D	$2.33	81,665	D
Common Stock	02/19/2026		A		101,395(2)	A	$0	183,060(3)	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. The transaction reported is a grant of restricted stock units. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. One-third of the units granted vest on each of the first three anniversaries of the date of the grant. Units are subject to forfeiture until vested.

3. Includes 166,827 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	02/23/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transactions did LiveWire Group (LVWR) report for Gerrard Allen?

Gerrard Allen reported a tax-withholding share surrender and a new restricted stock unit grant. He surrendered 16,481 shares to cover tax obligations and received 101,395 RSUs that vest over three years, each convertible into one share of LiveWire common stock upon vesting.

How many LiveWire (LVWR) shares did Gerrard Allen surrender for taxes?

He surrendered 16,481 shares of LiveWire common stock at $2.33 per share. These shares were delivered back to the issuer solely to satisfy tax withholding obligations arising from the vesting of previously granted restricted stock units, rather than as an open-market sale transaction.

What is the size and vesting schedule of Gerrard Allen’s new RSU grant at LiveWire (LVWR)?

He received a grant of 101,395 restricted stock units. One-third of the units vest on each of the first three anniversaries of the grant date, and all units remain subject to forfeiture until they vest, aligning value with continued service at LiveWire Group.

What does each restricted stock unit (RSU) represent in the LiveWire (LVWR) Form 4?

Each restricted stock unit represents a contingent right to receive one share of LiveWire common stock upon vesting. The units do not convert into shares until vesting conditions are satisfied, and unvested units can be forfeited if those conditions are not met.

How many unvested LiveWire (LVWR) RSUs does Gerrard Allen hold after these transactions?

Following the reported transactions, his direct holdings include 166,827 unvested restricted stock units. Each RSU represents the contingent right to receive one share of LiveWire common stock upon vesting, providing equity-based compensation that vests over time with continued employment.

Did Gerrard Allen execute any open-market buy or sell of LiveWire (LVWR) shares?

No open-market buys or sells were reported. The disposition involved 16,481 shares surrendered to the issuer to cover tax withholding on vesting RSUs, while the acquisition was a grant of 101,395 restricted stock units awarded as equity compensation.