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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 2,389 | $2.21 | $5K |
| Exercise Price or Tax Liability | Common Stock | 16,119 | $2.33 | $38K |
| Grant/Award | Common Stock | 96,567 | $0.00 | $0.00 |
Footnotes (3)
- F1. Reflects shares of common stock surrendered to Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units.
- F2. 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.
- F3. 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.
FAQ
What insider transactions did LiveWire (LVWR) executive Jon Bekefy report?
Was the LiveWire (LVWR) insider transaction a stock sale by Jon Bekefy?
How many LiveWire (LVWR) restricted stock units were granted to Jon Bekefy?
How do the new RSUs for Jon Bekefy at LiveWire (LVWR) vest?
What ongoing LiveWire (LVWR) equity exposure does Jon Bekefy have after this Form 4?
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