LiveWire Group (NYSE: LVWR) director awarded 88,029 RSUs
Filing Impact
Filing Sentiment
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 Trade Summary
1 transaction reported
Mixed
1 txn
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)
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Key Figures
RSUs granted: 88,029 units
Grant price: $0.00 per unit
Shares after transaction: 284,768 shares
+2 more
5 metrics
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
Key Terms
restricted stock units, contingent right, annual meeting of stockholders
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"
annual meeting of stockholders financial
"will vest on the earlier of the next annual meeting of stockholders or the anniversary"
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.
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.