Polaris (PII) director granted 2,641 deferred stock units as compensation

Rhea-AI Filing Summary

Polaris Inc. director Lawrence D. Kingsley received a compensation-related equity award through deferred stock units. On this date, he acquired 2,641 deferred stock units credited under the Amended and Restated Polaris Inc. 2024 Omnibus Incentive Plan, each linked to one share of common stock.

The filing shows a reference price of $66.27 per share and reports that Kingsley now holds a total of 38,268.46 deferred stock units, including this grant and 1,250.35 units added through the dividend reinvestment feature of the company’s Deferred Compensation Plan for Directors.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Kingsley Lawrence D

Role null

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

Holdings After Transaction: Common Stock — 38,268.46 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Deferred stock units granted: 2,641 units Reference price per unit: $66.27 per share Total deferred stock units held: 38,268.46 units +1 more

4 metrics

Deferred stock units granted 2,641 units Compensation award credited under 2024 Omnibus Incentive Plan

Reference price per unit $66.27 per share Reported transaction price for deferred stock unit grant

Total deferred stock units held 38,268.46 units Holdings after grant, including dividend reinvestment units

Dividend reinvestment units 1,250.35 units Deferred stock units from dividend reinvestment feature

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

"1,250.35 deferred stock units acquired pursuant to the dividend reinvestment feature of the DC Plan"

Form 4 Insider Transactions: What Each Field Means →

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^*

Kingsley Lawrence D

(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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/30/2026		A		2,641	A	$66.27	38,268.46(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 2,641 deferred stock units granted under the Amended and 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. The total reported in column 5 includes the 2,641 newly acquired deferred stock units, and 1,250.35 deferred stock units acquired pursuant to the dividend reinvestment feature of the DC Plan.

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)

FAQ

What insider transaction did Polaris (PII) director Lawrence D. Kingsley report?

Lawrence D. Kingsley reported receiving 2,641 deferred stock units as an equity award. These units were credited under Polaris’s 2024 Omnibus Incentive Plan and form part of his director compensation rather than an open-market stock purchase or sale.

How many Polaris (PII) deferred stock units does Lawrence D. Kingsley hold after this Form 4?

After this award, Lawrence D. Kingsley is reported to hold 38,268.46 deferred stock units. This total includes the 2,641 newly granted units plus 1,250.35 units accumulated through the dividend reinvestment feature of Polaris’s Deferred Compensation Plan for Directors.

What was the per-share reference price for the Polaris (PII) deferred stock units granted?

The deferred stock units were recorded at a reference price of $66.27 per share. This price is used for reporting value in the Form 4 and does not indicate an open-market transaction, since the award is a compensation grant of units.

Are Polaris (PII) deferred stock units the same as owning common stock outright?

Deferred stock units represent a right to receive common stock in the future, typically on a deferred basis. In this case, each unit may be settled in one share of Polaris common stock under the company’s Deferred Compensation Plan for Directors, rather than immediate stock ownership.

How were additional Polaris (PII) deferred stock units accumulated by Lawrence D. Kingsley?

Besides the 2,641-unit grant, Kingsley holds 1,250.35 deferred stock units credited through a dividend reinvestment feature. Under Polaris’s Deferred Compensation Plan for Directors, dividends on eligible amounts are reinvested as additional deferred stock units, increasing his reported total holdings.