What was the reference price per share for Shotwell Gwynne’s Polaris (PII) award?

The deferred stock unit grant used a reference price of $66.27 per Polaris common share. This price is applied to value the 2,641 units credited as part of the director’s equity compensation under the Amended & Restated Polaris Inc. 2024 Omnibus Incentive Plan.

Polaris (PII) director receives 2,641 deferred stock units as equity award

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Shotwell Gwynne reported acquisition or exercise transactions in this Form 4 filing.

Polaris Inc. director Shotwell Gwynne received an equity award in the form of deferred stock units. On this date, 2,641 deferred stock units tied to common stock, valued at $66.27 per share, were credited under the company’s 2024 Omnibus Incentive Plan and Deferred Compensation Plan for Directors. Following this compensation-related grant, Gwynne directly holds 28,715.42 shares or share-equivalent units of Polaris common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Shotwell Gwynne

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	2,641	$66.27	$175K

Holdings After Transaction: Common Stock — 28,715.42 shares (Direct, null)

Footnotes (1)

[object Object]

Key Figures

Deferred stock units granted: 2,641 units Reference price per share: $66.27 per share Holdings after transaction: 28,715.42 shares/units

3 metrics

Deferred stock units granted 2,641 units Director equity award credited as of the reported date

Reference price per share $66.27 per share Valuation used for the deferred stock unit grant

Holdings after transaction 28,715.42 shares/units Total direct Polaris common stock and equivalents after grant

Key Terms

deferred stock units, Amended & Restated Polaris Inc. 2024 Omnibus Incentive Plan, Deferred Compensation Plan for Directors, Form 4

4 terms

deferred stock units financial

"The reported transaction involved the crediting of 2,641 deferred stock units granted under the Amended & 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 & Restated Polaris Inc. 2024 Omnibus Incentive Plan financial

"deferred stock units granted under the Amended & 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.

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 4 Insider Transactions: What Each Field Means →

05/01/2026 - 05:10 PM

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^*

Shotwell Gwynne

(Last)

(First)

(Middle)

2100 HIGHWAY 55

(Street)

MEDINA

MINNESOTA

55340

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Polaris Inc. [ PII ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/30/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/30/2026		A		2,641	A	$66.27	28,715.42⁽¹⁾	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The reported transaction involved the crediting of 2,641 deferred stock units granted under the Amended & Restated Polaris Inc. 2024 Omnibus Incentive Plan, each of which may be settled in one share of common stock pursuant to the Company's Deferred Compensation Plan for Directors.

Remarks:

	/s/ Sarah Maveus, as attorney-in-fact	05/01/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Polaris (PII) director Shotwell Gwynne report in this Form 4?

Polaris director Shotwell Gwynne reported an acquisition of 2,641 deferred stock units linked to common stock. The units were granted as director compensation under the company’s 2024 Omnibus Incentive Plan and its Deferred Compensation Plan for Directors.

How many Polaris (PII) deferred stock units were granted to Shotwell Gwynne?

Shotwell Gwynne was credited with 2,641 deferred stock units. Each unit may be settled in one share of Polaris common stock under the company’s Deferred Compensation Plan for Directors, making this a stock-based compensation award rather than an open-market purchase.

What are Shotwell Gwynne’s Polaris (PII) holdings after this Form 4 transaction?

After the grant of 2,641 deferred stock units, Shotwell Gwynne’s direct holdings total 28,715.42 shares or share-equivalent units of Polaris common stock. This figure reflects the updated ownership position disclosed following the compensation-related equity award.

Is Shotwell Gwynne’s Polaris (PII) transaction an open-market buy or a compensation grant?

The transaction is a compensation grant, not an open-market purchase. The Form 4 identifies it as a grant, award, or other acquisition, involving deferred stock units issued under Polaris’s 2024 Omnibus Incentive Plan and its Deferred Compensation Plan for Directors.