Director at Polaris (NYSE: PII) receives new deferred stock unit award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Polaris Inc. director Darryl R. Jackson acquired 2,641 deferred stock units of common stock on a grant or award basis, valued at $66.27 per unit, under the Amended and Restated Polaris Inc. 2024 Omnibus Incentive Plan.
The units are credited to the Company’s Deferred Compensation Plan for Directors, where each unit may be settled in one share of common stock. After this award and additional units from dividend reinvestment, Jackson now holds a total of 12,423.68 deferred stock units under the plan, reflecting routine director compensation rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jackson Darryl R.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,641 | $66.27 | $175K |
Holdings After Transaction:
Common Stock — 12,423.68 shares (Direct, null)
Footnotes (1)
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Key Figures
Deferred stock units granted: 2,641 units
Grant value per unit: $66.27 per unit
Total deferred stock units after grant: 12,423.68 units
+1 more
4 metrics
Deferred stock units granted
2,641 units
Grant to director Darryl R. Jackson on 2026-04-30
Grant value per unit
$66.27 per unit
Reported transaction price for deferred stock units
Total deferred stock units after grant
12,423.68 units
Jackson’s holdings following the transaction
Dividend reinvestment units
478.69 units
Units from dividend reinvestment feature of DC Plan
Key Terms
deferred stock units, Amended and Restated Polaris Inc. 2024 Omnibus Incentive Plan, Deferred Compensation Plan for Directors, dividend reinvestment feature
4 terms
deferred stock units financial
"The reported transaction involved the crediting of 2,641 deferred stock units granted under the Amended and Restated Polaris Inc. 2024 Omnibus Incentive Plan"
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.
Amended and Restated Polaris Inc. 2024 Omnibus Incentive Plan financial
"deferred stock units granted under the Amended and Restated Polaris Inc. 2024 Omnibus Incentive Plan"
Deferred Compensation Plan for Directors financial
"each of which may be settled in one share of common stock pursuant to the Company's Deferred Compensation Plan for Directors"
A deferred compensation plan for directors is an arrangement that lets board members postpone receiving part of their pay until a later date—often retirement or a set future time—so the money can grow or be paid under specified conditions. Think of it like directing a portion of your paycheck into a locked savings account that pays out later; investors care because it creates future cash or stock obligations, signals how the company motivates and retains leadership, and can affect shareholder value through timing of payouts or potential dilution.
dividend reinvestment feature financial
"478.69 deferred stock units acquired pursuant to the dividend reinvestment feature of the DC Plan"
FAQ
What insider transaction did Polaris (PII) disclose for director Darryl R. Jackson?
Polaris reported that director Darryl R. Jackson received 2,641 deferred stock units. These units were granted as compensation under Polaris’s 2024 Omnibus Incentive Plan and credited to the Deferred Compensation Plan for Directors, rather than purchased on the open market.
Is the Polaris (PII) Form 4 transaction an open-market buy or a compensation grant?
The Form 4 transaction is a compensation-related grant, not an open-market purchase. Jackson received 2,641 deferred stock units as a grant under the 2024 Omnibus Incentive Plan, credited into the Deferred Compensation Plan for Directors.
How many Polaris (PII) deferred stock units does Darryl R. Jackson hold after this grant?
After the grant, Jackson holds 12,423.68 deferred stock units. This total includes 2,641 newly granted units plus 478.69 units accumulated through the dividend reinvestment feature of Polaris’s Deferred Compensation Plan for Directors.
What plan governs the Polaris (PII) deferred stock units granted to director Jackson?
The deferred stock units were granted under the Amended and Restated Polaris Inc. 2024 Omnibus Incentive Plan. They are administered through Polaris’s Deferred Compensation Plan for Directors, where each unit may be settled in one share of common stock.
How were additional Polaris (PII) deferred stock units accumulated beyond the grant amount?
In addition to the 2,641 granted units, Jackson received 478.69 units via dividend reinvestment. These extra units arose from the dividend reinvestment feature of Polaris’s Deferred Compensation Plan for Directors, increasing his total deferred stock unit balance.