LiveWire Group (NYSE: LVWR) exec gets 96,567 RSUs, surrenders shares for taxes

Rhea-AI Filing Summary

LiveWire Group, Inc. executive Jon Bekefy, Head of Global Sales & Mktg., reported equity compensation changes in the company’s common stock. On February 19, he received a grant of 96,567 restricted stock units (RSUs), each representing one share of common stock upon vesting, with one-third vesting on each of the first three anniversaries of the grant and subject to forfeiture until vested.

To cover tax withholding obligations tied to RSU vesting, he surrendered 16,119 shares on February 19 at $2.33 per share and 2,389 shares on February 21 at $2.21 per share, both classified as tax-withholding dispositions. After these transactions, his reported direct holdings in common stock remain substantial and include 166,188 unvested RSUs that may convert into shares as they vest.

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

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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)
02/19/2026

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	02/19/2026		F		16,119(1)	D	$2.33	98,592	D
Common Stock	02/19/2026		A		96,567(2)	A	$0	195,159	D
Common Stock	02/21/2026		F		2,389(1)	D	$2.21	192,770(3)	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 surrendered to Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units.

2. 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. One-third of the units granted vest on each of the first three anniversaries of the date of the grant. Units are subject to forfeiture until vested.

3. Includes 166,188 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	02/23/2026
	** Signature of Reporting Person	Date
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.
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FAQ

What insider transactions did LiveWire (LVWR) executive Jon Bekefy report?

Jon Bekefy reported a grant of 96,567 restricted stock units and two tax-withholding dispositions totaling 18,508 shares of LiveWire common stock, surrendered to cover tax obligations associated with RSU vesting rather than open-market sales.

Was the LiveWire (LVWR) insider transaction a stock sale by Jon Bekefy?

No, the Form 4 shows tax-withholding dispositions, not open-market sales. Bekefy surrendered 16,119 and 2,389 shares to LiveWire to satisfy tax obligations arising from vesting restricted stock units, a common administrative process for equity awards.

How many LiveWire (LVWR) restricted stock units were granted to Jon Bekefy?

Bekefy received a grant of 96,567 restricted stock units. Each RSU represents a contingent right to one share of LiveWire common stock, with one-third vesting on each of the first three anniversaries of the grant date, subject to forfeiture until vested.

How do the new RSUs for Jon Bekefy at LiveWire (LVWR) vest?

The 96,567 RSUs granted to Jon Bekefy vest in three equal installments. One-third of the units vest on each of the first three anniversaries of the grant date, and all unvested units remain subject to forfeiture until they vest according to these terms.

What ongoing LiveWire (LVWR) equity exposure does Jon Bekefy have after this Form 4?

The filing notes Bekefy’s holdings include 166,188 unvested RSUs, each representing a contingent right to receive one LiveWire share upon vesting. These unvested awards provide ongoing equity exposure that will convert into common stock only as vesting conditions are satisfied.