LiveWire Group (NYSE: LVWR) director receives 88,029 restricted stock units
Rhea-AI Filing Summary
Gruner Kjell reported acquisition or exercise transactions in this Form 4 filing.
LiveWire Group, Inc. director Kjell Gruner received a grant of 88,029 restricted stock units, each representing a right to one share of common stock. This is a compensation award at no cash cost to him, not an open-market purchase.
The restricted stock units will vest on the earlier of the next annual stockholder meeting or the first anniversary of the grant date, as long as he continues serving as a director through that date. After this grant, Gruner holds 209,389 shares of LiveWire common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 88,029 shares
Net Buy
1 txn
Insider
Gruner Kjell
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 88,029 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 209,389 shares (Direct)
Footnotes (1)
- F1. 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. The restricted stock units will vest on the earlier of the next annual meeting of stockholders or the anniversary of the grant date, subject to the director's continued service through such date.
Key Figures
Restricted stock units granted: 88,029 units
Transaction price per share: $0.0000 per share
Shares held after transaction: 209,389 shares
3 metrics
Restricted stock units granted
88,029 units
Grant to director Kjell Gruner on May 21, 2026
Transaction price per share
$0.0000 per share
Compensation grant, not an open-market purchase
Shares held after transaction
209,389 shares
Total direct LiveWire common stock holdings post-grant
Key Terms
restricted stock units, contingent right, vest
3 terms
restricted stock units financial
"The transaction reported is a grant of restricted stock units."
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 restricted stock unit represents a contingent right to receive one share"
vest financial
"The restricted stock units will vest on the earlier of the next annual meeting"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did LiveWire Group (LVWR) director Kjell Gruner report on this Form 4?
Kjell Gruner reported receiving 88,029 restricted stock units of LiveWire Group common stock. This is a stock-based compensation award at no purchase price, increasing his direct holdings to 209,389 shares after the grant.
What are the vesting terms of Kjell Gruner’s LiveWire (LVWR) restricted stock units?
The 88,029 restricted stock units vest on the earlier of the next annual meeting of stockholders or the grant date’s anniversary. Vesting requires Kjell Gruner to continue serving as a director through that vesting date.
Did Kjell Gruner pay anything for the LiveWire Group (LVWR) restricted stock units?
No cash payment was made for these units. The transaction price per share is reported as 0.0000, indicating a compensation grant rather than an open-market purchase, consistent with typical director equity awards.