LiveWire insider surrenders shares for tax withholding
LiveWire Group, Inc. General Counsel & Board Secretary Gerrard Allen reported a routine tax-related share disposition.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 848 | $1.19 | $1K |
Footnotes (2)
- F1. Reflects shares of common stock surrendered to Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units.
- F2. 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.
Key Figures
Key Terms
restricted stock units financial
tax withholding obligations financial
vesting financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did LiveWire Group (LVWR) report for Gerrard Allen?
Was the LiveWire (LVWR) Form 4 transaction an open-market sale?
What are the restricted stock units mentioned in the LiveWire (LVWR) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.