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Polaris (PII) CEO files Form 4 for 4,835-share tax withholding at $67.45

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Polaris Inc. CEO files Form 4 reporting tax-related share disposition

The CEO of Polaris Inc. (PII) reported a Form 4 transaction dated 12/05/2025. A total of 4,835 shares of Polaris common stock were disposed of under transaction code "F" at a price of $67.45 per share, which typically reflects shares withheld by the company to cover taxes on equity compensation.

After this transaction, the CEO directly beneficially owns 124,183 shares of Polaris common stock. The filing also lists 1,084 shares held indirectly by the CEO’s daughter, for which beneficial ownership is expressly disclaimed, and 571 shares held indirectly as UTMA custodian for a granddaughter.

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Speetzen Michael T

(Last) (First) (Middle)
2100 HIGHWAY 55

(Street)
MEDINA MN 55340

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Polaris Inc. [ PII ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
CEO
3. Date of Earliest Transaction (Month/Day/Year)
12/05/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/05/2025 F 4,835 D $67.45 124,183 D
Common Stock 1,084 I(1) by daughter
Common Stock 571 I as UTMA custodian for granddaughter
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The reporting person disclaims beneficial ownership of the shares held by his daughter, and this report should not be deemed an admission that the reporting person is the beneficial owner of his daughter's shares for purposes of Section 16 or for any other purpose.
Remarks:
/s/ Sarah Maveus, as attorney-in-fact 12/08/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Polaris Inc. (PII) report in this Form 4?

The CEO of Polaris Inc. reported the disposition of 4,835 shares of common stock on 12/05/2025 under transaction code "F" at $67.45 per share.

What does transaction code "F" mean in the Polaris (PII) Form 4 filing?

Transaction code "F" indicates shares were disposed of to satisfy tax withholding obligations related to equity compensation, rather than an open-market sale.

How many Polaris (PII) shares does the CEO own after the reported transaction?

Following the reported transaction, the CEO directly beneficially owns 124,183 shares of Polaris common stock, as stated in the filing.

Are there any indirect Polaris (PII) share holdings reported for the CEO?

Yes. The filing lists 1,084 shares held indirectly by the CEO’s daughter, for which beneficial ownership is disclaimed, and 571 shares held indirectly as UTMA custodian for a granddaughter.

Does the Polaris (PII) Form 4 state that the CEO is the beneficial owner of his daughter’s shares?

No. The filing explicitly states that the reporting person disclaims beneficial ownership of the shares held by his daughter and that the report should not be deemed an admission of beneficial ownership.

Who signed the Polaris (PII) Form 4 reporting this insider transaction?

The Form 4 was signed by /s/ Sarah Maveus, as attorney-in-fact on behalf of the reporting person.
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