LiveWire Group (LVWR) officer adjusts stake as RSUs and PSUs vest

Rhea-AI Filing Summary

LiveWire Group, Inc. reported changes in the stock holdings of its Head of Global Sales & Marketing on 12/02/2025. The executive acquired 2,486 shares of common stock at $0, reflecting shares received upon vesting of performance units. On the same date, the executive surrendered 2,723 shares at $4.21 to cover taxes tied to restricted stock unit vesting and another 1,201 shares at $4.21 to cover taxes related to performance stock unit vesting. After these transactions, the executive directly held 120,948 shares of LiveWire common stock, which includes 110,749 unvested restricted stock units that each represent a contingent right to receive one share upon vesting.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Bekefy Jon

Role Head of Global Sales & Mktg.

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	2,486	$0.00	--
Tax Withholding	Common Stock	2,723	$4.21	$11K
Tax Withholding	Common Stock	1,201	$4.21	$5K

Holdings After Transaction: Common Stock — 124,872 shares (Direct)

Footnotes (1)

1. Reflects shares of common stock received upon vesting of performance units. Reflects shares of common stock surrendered to Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units. Reflects shares of common stock surrendered to Issuer to satisfy tax withholding obligations in connection with the vesting of performance stock units. Includes 110,749 unvested restricted stock units with each unit representing the contingent right to receive one share of the Issuer's common stock upon vesting.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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
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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^*

Bekefy Jon

(Last) (First) (Middle)

3700 W. JUNEAU AVENUE

(Street)

MILWAUKEE WI 53208

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
LiveWire Group, Inc. [ LVWR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Head of Global Sales & Mktg.

3. Date of Earliest Transaction (Month/Day/Year)
12/02/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	12/02/2025		A		2,486(1)	A	$0	124,872	D
Common Stock	12/02/2025		F		2,723(2)	D	$4.21	122,149	D
Common Stock	12/02/2025		F		1,201(3)	D	$4.21	120,948(4)	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Reflects shares of common stock received upon vesting of performance units.

2. Reflects shares of common stock surrendered to Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units.

3. Reflects shares of common stock surrendered to Issuer to satisfy tax withholding obligations in connection with the vesting of performance stock units.

4. Includes 110,749 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 Gerrard, Attorney-in-fact	12/04/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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