Polaris (NYSE: PII) CFO awarded 71,552 options and 19,249 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Polaris Inc. CFO Robert Paul Mack reported new equity awards and deferred stock unit settlements. On January 28, 2026, he acquired 19,249 shares of common stock at $64.94 per share, bringing his directly held common stock to 96,697.25 shares.
He was also granted an employee stock option for 71,552 shares at an exercise price of $71.43 per share, expiring on January 28, 2036. According to the filing, this option vests in three equal installments on February 9, 2027, February 8, 2028, and February 13, 2029.
The filing additionally records quarterly conversions of Deferred Stock Units into small amounts of common stock under Polaris’s Supplemental Executive Retirement Plan (SERP), with each unit delivering one share of common stock. These SERP distributions are noted as being reported on a delayed basis due to an administrative error.
Positive
- None.
Negative
- None.
Insider Trade Summary
138.25 shares exercised/converted
Mixed
14 txns
Insider
Mack Robert Paul
Role
CFO, EVP - Finance + Corp Dev
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (right to buy) | 71,552 | $0.00 | -- |
| Grant/Award | Common Stock | 19,249 | $64.94 | $1.25M |
| Exercise | Deferred Stock Units | 22.56 | $0.00 | -- |
| Exercise | Common Stock | 22.56 | $0.00 | -- |
| Exercise | Deferred Stock Units | 23.04 | $0.00 | -- |
| Exercise | Common Stock | 23.04 | $0.00 | -- |
| Exercise | Deferred Stock Units | 23.6 | $0.00 | -- |
| Exercise | Common Stock | 23.6 | $0.00 | -- |
| Exercise | Deferred Stock Units | 23.18 | $0.00 | -- |
| Exercise | Common Stock | 23.18 | $0.00 | -- |
| Exercise | Deferred Stock Units | 22.79 | $0.00 | -- |
| Exercise | Common Stock | 22.79 | $0.00 | -- |
| Exercise | Deferred Stock Units | 23.08 | $0.00 | -- |
| Exercise | Common Stock | 23.08 | $0.00 | -- |
Holdings After Transaction:
Employee Stock Option (right to buy) — 71,552 shares (Direct);
Common Stock — 96,697.25 shares (Direct);
Deferred Stock Units — 2,775.75 shares (Direct)
Footnotes (1)
- 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. These distributions are being reported on a delayed basis due to administrative error. Each deferred stock unit represents the right to receive one share of the Issuer's common stock upon the settlement of the units. At the settlement date elected by the reporting officer under the Issuer's Supplemental Executive Retirement Plan (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. The option vests in three equal installments on February 9, 2027, February 8, 2028, and February 13, 2029.
FAQ
What insider transactions did Polaris (PII) CFO Robert Paul Mack report?
Polaris CFO Robert Paul Mack reported a grant of 71,552 stock options and acquisition of 19,249 common shares. The filing also shows several small quarterly conversions of deferred stock units into common stock under the company’s Supplemental Executive Retirement Plan (SERP).
How many Polaris (PII) stock options were granted to the CFO and at what price?
The CFO received an employee stock option covering 71,552 Polaris shares at an exercise price of $71.43 per share. The option expires on January 28, 2036, and represents a long-dated incentive tied directly to Polaris’s common stock performance.
When do the newly granted Polaris (PII) stock options to the CFO vest?
The stock option granted to the Polaris CFO vests in three equal installments. The scheduled vesting dates are February 9, 2027, February 8, 2028, and February 13, 2029, aligning the award with a multi‑year executive retention and performance horizon.
What is the role of deferred stock units in Polaris (PII) CFO compensation?
Deferred stock units (DSUs) give the CFO the right to receive one Polaris common share per unit at settlement. Under the SERP, he elected quarterly distributions of one share per DSU, with small DSU-to-share conversions reported over time and subject to plan transfer provisions.
Why were some Polaris (PII) deferred stock unit distributions reported on a delayed basis?
The filing states that quarterly distributions of Polaris common stock from the SERP were reported late due to administrative error. These distributions convert deferred stock units into shares, one-for-one, and the company attributes the timing issue to administration rather than a change in award terms.