STOCK TITAN

LiveWire (LVWR) General Counsel surrenders shares to cover RSU tax withholding

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

LiveWire Group, Inc. General Counsel & Board Secretary Gerrard Allen reported a routine tax-related share disposition. On the vesting of restricted stock units, 848 shares of common stock were surrendered back to the company at $1.19 per share to cover tax withholding obligations. After this withholding transaction, Allen directly holds 182,212 shares of common stock, and his holdings also include 165,023 unvested restricted stock units that may convert into the same number of shares upon vesting.

Positive

  • None.

Negative

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Insider Gerrard Allen
Role General Counsel & Board Sec.
Type Security Shares Price Value
Tax Withholding Common Stock 848 $1.19 $1K
Holdings After Transaction: Common Stock — 182,212 shares (Direct, null)
Footnotes (1)
  1. Reflects shares of common stock surrendered to Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units. Includes 165,023 unvested restricted stock units with each unit representing the contingent right to receive one share of the Issuer's common stock upon vesting.
Tax-withholding shares 848 shares Shares surrendered to issuer for tax withholding
Price per share $1.19 per share Value used for tax-withholding disposition
Shares held after transaction 182,212 shares Direct common stock holdings after withholding
Unvested RSUs 165,023 units Restricted stock units that may vest into shares
restricted stock units financial
"Includes 165,023 unvested restricted stock units with each unit representing the contingent right to receive one share"
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.
tax withholding obligations financial
"Reflects shares of common stock surrendered to Issuer to satisfy tax withholding obligations in connection with the vesting"
vesting financial
"tax withholding obligations in connection with the vesting of restricted stock units"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
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SEC Form 4
FORM 4UNITED 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*
Gerrard Allen

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
General Counsel & Board Sec.
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/14/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock06/14/2026F848(1)D$1.19182,212(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 165,023 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 Gerrard06/16/2026
** Signature of Reporting PersonDate
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)

FAQ

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

LiveWire’s General Counsel Gerrard Allen reported surrendering 848 shares to cover tax withholding. This disposition was tied to the vesting of restricted stock units and was not an open-market sale, making it a routine, non-discretionary administrative transaction.

Was the LiveWire (LVWR) Form 4 transaction an open-market sale?

No, the Form 4 for LiveWire shows a tax-withholding disposition, not an open-market sale. 848 shares were surrendered to the issuer to satisfy tax obligations when restricted stock units vested, which is a standard equity-compensation mechanism.

How many LiveWire (LVWR) shares does Gerrard Allen hold after this Form 4?

After the tax-withholding transaction, Gerrard Allen directly holds 182,212 shares of LiveWire common stock. In addition, his compensation includes 165,023 unvested restricted stock units that may convert into the same number of shares as they vest over time.

What does the 848-share tax withholding mean for LiveWire (LVWR) investors?

The 848 shares reflect stock surrendered for taxes on vested restricted stock units. This is a mechanical step in equity compensation, not a discretionary sale, and generally carries limited informational value regarding the insider’s view of LiveWire’s prospects.

What are the restricted stock units mentioned in the LiveWire (LVWR) Form 4?

The filing states Gerrard Allen has 165,023 unvested restricted stock units, each representing a contingent right to one LiveWire share. These RSUs convert into common stock as vesting conditions are met, forming a key part of his long-term equity compensation.