Polaris (PII) SVP shifts 34,104 deferred stock units within SERP
Rhea-AI Filing Summary
Polaris Inc. senior vice president and chief human resources officer James P. Williams reported an internal retirement-plan transaction involving deferred stock units. On the company’s Supplemental Executive Retirement Plan, he executed an exempt discretionary transaction under Rule 16b-3(f), transferring the value of 34,104 deferred stock units into another investment option within the plan at a deemed price of $69.08 per unit. Each deferred stock unit represents the right to receive one share of Polaris common stock at the settlement date elected under the plan, so this filing reflects a reallocation within the plan rather than an open-market purchase or sale of Polaris shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Williams James P
Role
SVP-CHRO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Discretionary | Deferred Stock Units | 34,104 | $0.00 | $0.00 |
Holdings After Transaction:
Deferred Stock Units — 0 shares (Direct)
Footnotes (3)
- F1. Each deferred stock unit represents the right to receive one share of the Issuer's common stock.
- F2. 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.
- F3. Pursuant to an exempt Discretionary Transaction under Rule 16b-3(f), the reporting person transferred the value of 34,104 deferred stock units, inclusive of fees, held under the SERP into another investment within the SERP, at a deemed price per unit of $69.08.
Key Figures
Deferred stock units transferred: 34,104 units
Deemed price per unit: $69.08 per unit
Underlying common stock rights: 1 share per unit
+2 more
5 metrics
Deferred stock units transferred
34,104 units
Value moved within SERP under discretionary transaction
Deemed price per unit
$69.08 per unit
Used to value transfer of deferred stock units in SERP
Underlying common stock rights
1 share per unit
Each deferred stock unit equals one Polaris common share at settlement
Deferred stock units following transaction
0 units
Total deferred stock units reported after the discretionary transaction
Transaction date
2026-05-28
Date of discretionary SERP transaction
Key Terms
Deferred Stock Units, Supplemental Executive Retirement Plan, Discretionary Transaction, Rule 16b-3(f), +1 more
5 terms
Deferred Stock Units financial
"Each deferred stock unit represents the right to receive one share"
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.
Supplemental Executive Retirement Plan financial
"under the Issuer's Supplemental Executive Retirement Plan ("SERP")"
Discretionary Transaction regulatory
"Pursuant to an exempt Discretionary Transaction under Rule 16b-3(f)"
Rule 16b-3(f) regulatory
"Pursuant to an exempt Discretionary Transaction under Rule 16b-3(f)"
deemed price per unit financial
"at a deemed price per unit of $69.08"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Polaris (PII) report for James P. Williams?
Polaris reported that SVP-CHRO James P. Williams made an internal discretionary transaction in the Supplemental Executive Retirement Plan, transferring the value of 34,104 deferred stock units into another plan investment, rather than buying or selling Polaris shares in the open market.
How many Polaris (PII) deferred stock units were involved in the Form 4?
The Form 4 shows 34,104 deferred stock units. Each deferred stock unit represents the right to receive one share of Polaris common stock, so this number equals potential future shares deliverable under the Supplemental Executive Retirement Plan, subject to the elected settlement terms.
Was the Polaris (PII) insider transaction an open-market trade?
No, the transaction was not an open-market trade. It was an exempt discretionary transaction under Rule 16b-3(f), moving the value of deferred stock units between investment alternatives inside Polaris’s Supplemental Executive Retirement Plan, with no direct market purchase or sale of shares.
What price per unit was used in the Polaris (PII) deferred stock unit transfer?
The transfer used a deemed price of $69.08 per deferred stock unit. This price applied to 34,104 deferred stock units when their value was shifted from deferred stock units into another investment alternative within Polaris’s Supplemental Executive Retirement Plan structure.
What do Polaris (PII) deferred stock units entitle the holder to receive?
Each Polaris deferred stock unit entitles the holder to receive one share of common stock at the settlement date elected under the Supplemental Executive Retirement Plan. The units can later be moved into another SERP investment account after a specified holding period.