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LiveWire Group (NYSE: LVWR) director awarded 88,029 RSUs

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

Rhea-AI Filing Summary

Cornog William L reported acquisition or exercise transactions in this Form 4 filing.

LiveWire Group, Inc. director William L. Cornog reported an equity compensation grant in the form of restricted stock units. He was awarded 88,029 restricted stock units, each representing a contingent right to receive one share of LiveWire common stock.

The RSUs were granted at $0.00 per unit and will vest on the earlier of the next annual meeting of stockholders or the anniversary of the grant date, subject to his continued board service. Following this award, Cornog directly holds 284,768 shares of LiveWire common stock.

Positive

  • None.

Negative

  • None.
Insider Cornog William L
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 88,029 $0.00 --
Holdings After Transaction: Common Stock — 284,768 shares (Direct)
Footnotes (1)
  1. [object Object]
RSUs granted 88,029 units Restricted stock unit grant on May 21, 2026
Grant price $0.00 per unit Equity compensation award, not open-market purchase
Shares after transaction 284,768 shares Director’s direct holdings following RSU grant
Vesting trigger Earlier of next annual meeting or grant anniversary RSU vesting condition, subject to continued service
Security type Restricted stock units Each unit equals one share of common stock at vesting
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"
annual meeting of stockholders financial
"will vest on the earlier of the next annual meeting of stockholders or the anniversary"
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FAQ

What did LiveWire Group (LVWR) director William Cornog report in this Form 4?

Director William L. Cornog reported receiving 88,029 restricted stock units of LiveWire Group common stock as equity compensation, increasing his direct holdings to 284,768 shares after the grant.

How many LiveWire (LVWR) shares did the new RSU grant cover?

The new grant covers 88,029 restricted stock units, with each unit representing a contingent right to receive one share of LiveWire Group common stock upon vesting, subject to the specified vesting conditions.

At what price were the LiveWire (LVWR) RSUs granted to the director?

The restricted stock units were granted at $0.00 per unit, reflecting a standard equity compensation award rather than an open-market purchase, so no cash was paid by the director for this grant.

When do William Cornog’s LiveWire (LVWR) RSUs vest?

The RSUs will vest on the earlier of the next annual meeting of stockholders or the anniversary of the grant date, provided that William Cornog continues to serve as a director through the applicable vesting date.

How many LiveWire (LVWR) shares does the director hold after this transaction?

After the RSU grant, William L. Cornog directly holds 284,768 shares of LiveWire Group common stock, as reported in the Form 4, reflecting his updated post-grant ownership position.
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*
Cornog William L

(Last)(First)(Middle)
3700 WEST 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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026
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 Stock05/21/2026A88,029(1)A$0284,768D
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. 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.
Remarks:
/s/ Allen Gerrard, Attorney-in-Fact05/26/2026
** 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)