Polaris CFO exercises 23 deferred stock units
Polaris Inc. CFO and Executive Vice President of Finance and Corporate Development Robert Paul Mack exercised deferred stock units into common shares under the company’s Supplemental Executive Retirement Plan.
Rhea-AI Filing Summary
Polaris Inc. CFO and Executive Vice President of Finance and Corporate Development Robert Paul Mack exercised deferred stock units into common shares under the company’s Supplemental Executive Retirement Plan. He converted 23 deferred stock units into 23 shares of common stock, a routine compensation-related transaction rather than an open-market trade.
Following these transactions, he directly holds 80,492.25 shares of Polaris common stock and 2,729.75 deferred stock units. Each deferred stock unit entitles him to receive one share of common stock at the elected settlement date, with an option to move units into an alternative investment account after six months and one day.
Positive
- None.
Negative
- None.
Insider Trade Summary
23 shares exercised/converted
Exercise
2 txns
Insider
Mack Robert Paul
Role
CFO, EVP - Finance + Corp Dev
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Deferred Stock Units | 23 | $0.00 | $0.00 |
| Exercise | Common Stock | 23 | $0.00 | $0.00 |
Holdings After Transaction:
Deferred Stock Units — 2,729.75 contracts (Direct);
Common Stock — 80,492.25 shares (Direct)
Footnotes (3)
- F1. Pursuant to the Issuer's Supplemental Executive Retirement Plan ("SERP"), the reporting officer has elected to receive quarterly distributions of one share of common stock for each deferred stock unit held.
- F2. Each deferred stock unit represents the right to receive one (1) share of the Issuer's common stock upon the settlement of the units.
- F3. At the settlement date elected by the reporting officer under the Issuer's SERP, the reporting officer is entitled to receive one share of common stock for each deferred stock unit held. The deferred stock units may be transferred into an alternative investment account in the SERP after a period of six months and one day.
Key Figures
Deferred stock units exercised: 23 units
Common shares after transaction: 80,492.25 shares
Deferred stock units remaining: 2,729.75 units
+2 more
5 metrics
Deferred stock units exercised
23 units
Converted into 23 Polaris common shares on 2026-06-01
Common shares after transaction
80,492.25 shares
Direct holdings of Polaris common stock post-transaction
Deferred stock units remaining
2,729.75 units
Deferred stock units held after the exercise
Exercise price per unit
$0.0000 per unit
Stated conversion price for deferred stock units
Exercise transactions
1 exercise, 23 shares
transactionSummary exerciseCount and exerciseShares
Key Terms
Supplemental Executive Retirement Plan, Deferred Stock Units, derivative exercise/conversion, settlement of the units
4 terms
Supplemental Executive Retirement Plan financial
"Pursuant to the Issuer's Supplemental Executive Retirement Plan ("SERP"), the reporting officer has elected..."
Deferred Stock Units financial
"The deferred stock units may be transferred into an alternative investment account..."
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
settlement of the units financial
"represents the right to receive one (1) share... upon the settlement of the units."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Polaris (PII) report for CFO Robert Paul Mack?
Polaris reported that CFO Robert Paul Mack exercised 23 deferred stock units into 23 shares of common stock. This was a routine, compensation-related conversion under the company’s Supplemental Executive Retirement Plan, not an open-market purchase or sale of Polaris shares.
What are Polaris (PII) deferred stock units mentioned in the Form 4?
Each Polaris deferred stock unit represents the right to receive one share of common stock upon settlement. Under the Supplemental Executive Retirement Plan, units can be settled in stock at an elected date or moved into an alternative investment account after six months and one day.
Was the Polaris (PII) CFO’s Form 4 transaction a stock sale or purchase?
The Form 4 shows a derivative exercise, not an open-market sale or purchase. Polaris’s CFO converted 23 deferred stock units into 23 common shares at a stated price of $0.0000, reflecting compensation mechanics rather than a discretionary trade in the market.
How often can Polaris (PII) deferred stock units be distributed to the CFO?
Under Polaris’s Supplemental Executive Retirement Plan, the reporting officer elected to receive quarterly distributions of one share of common stock for each deferred stock unit held. This election governs how the deferred stock units are periodically settled into Polaris common shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
