Polaris Inc. (NYSE: PII) director adds 526.47 stock equivalents via deferred pay

Rhea-AI Filing Summary

Polaris Inc. director reports routine deferred compensation share equivalents

A Polaris Inc. (PII) director reported receiving 526.47 common stock equivalents on 01/02/2026 under the company’s Deferred Compensation Plan for Directors. These units, each of which may be settled in one share of common stock, were credited in connection with the director’s election to defer a quarterly cash retainer and were valued at $66.48 per unit. After this transaction, the director beneficially owns 33,528.29 common stock equivalents, which includes the 526.47 newly acquired units and 282.12 units and deferred stock units accumulated through the plan’s dividend reinvestment feature. The filing is made by a single reporting person in the capacity of director.

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^*

Bilicic George W

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
01/02/2026

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	01/02/2026		A		526.47	A	$66.48	33,528.29(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The reported transaction involved the crediting of 526.47 Common Stock Equivalents (CSEs), each of which may be settled in one share of common stock, to the reporting person's account under the Company's Deferred Compensation Plan for Directors (DC Plan) in connection with the reporting person's election to defer receipt of the reporting person's quarterly cash retainer payment. The total reported in column 5 includes the 526.47 newly acquired CSEs, and 282.12 CSEs and deferred stock units acquired pursuant to the dividend reinvestment feature of the DC Plan.

Remarks:

	/s/ Sarah Maveus, as attorney-in-fact	01/05/2026
	** 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.

FAQ

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

The filing shows a Polaris Inc. director received 526.47 common stock equivalents on 01/02/2026 under the Deferred Compensation Plan for Directors instead of taking a quarterly cash retainer.

At what price were the Polaris Inc. (PII) stock equivalents credited to the director?

The 526.47 common stock equivalents were credited at a price of $66.48 per unit.

How many Polaris Inc. (PII) stock equivalents does the director beneficially own after this transaction?

Following the reported transaction, the director beneficially owns 33,528.29 common stock equivalents under the company’s plans.

What plan was used for the Polaris Inc. (PII) director’s deferred compensation?

The transaction occurred under Polaris Inc.’s Deferred Compensation Plan for Directors (DC Plan), where quarterly cash retainers can be deferred into common stock equivalents.

What does the dividend reinvestment feature contribute in this Polaris Inc. (PII) Form 4?

The total 33,528.29 common stock equivalents includes 282.12 units and deferred stock units acquired through the DC Plan’s dividend reinvestment feature.

What is the reporting person’s relationship to Polaris Inc. (PII)?

The reporting person is identified as a director of Polaris Inc., filing individually as one reporting person.