Polestar CCO automatic tax-related ADS sale disclosed

Polestar Automotive Holding UK PLC Chief Commercial Officer Dicken Scott Fraser reported an automatic sale of Class A American Depositary Shares to cover taxes.

Rhea-AI Filing Summary

Polestar Automotive Holding UK PLC Chief Commercial Officer Dicken Scott Fraser reported an automatic sale of Class A American Depositary Shares to cover taxes. On April 27, 2026, he sold 895 ADSs at a weighted average price of $17.6824 per ADS.

The shares were sold in broker-executed block trades under a pre-arranged sell-to-cover arrangement to satisfy tax withholding obligations from vesting equity awards, and did not represent a discretionary trade. After this transaction, Fraser directly held 961 ADSs.

Insider Trade Summary

Net Seller: 895 shares

Net Sell 1 txn

Insider Dicken Scott Fraser

Role Chief Commercial Officer

Sold 895 shs ($16K)

Type	Security	Shares	Price	Value
Sale	Class A American Depositary Shares	895	$17.6824	$16K

Holdings After Transaction: Class A American Depositary Shares — 961 shares (Direct)

Footnotes (2)

1. F1. All of the Class A American Depositary Shares ("ADSs") were sold pursuant to a sell to cover transaction to satisfy tax withholding obligations upon the vesting of equity awards. The sale was executed automatically pursuant to a sell to cover arrangement and does not represent a discretionary trade by the Reporting Person.
2. F2. The price reported is a weighted average price. These ADSs were sold as part of block trades by the broker executing the sell to cover transactions over several days for multiple security holders of the Issuer at weighted average prices ranging from $17.5813 to $17.7911, inclusive.

Key Figures

ADSs sold: 895 ADSs Weighted average sale price: $17.6824 per ADS Post-transaction holdings: 961 ADSs +1 more

4 metrics

ADSs sold 895 ADSs Open-market sale on April 27, 2026

Weighted average sale price $17.6824 per ADS Sell-to-cover tax transaction

Post-transaction holdings 961 ADSs Directly held after April 27, 2026 sale

Sale price range $17.5813–$17.7911 per ADS Block trades executed by broker

Key Terms

sell to cover, weighted average price, American Depositary Shares, equity awards, +1 more

5 terms

sell to cover financial

"sold pursuant to a sell to cover transaction to satisfy tax withholding obligations"

Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.

weighted average price financial

"The price reported is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

American Depositary Shares financial

"All of the Class A American Depositary Shares ("ADSs") were sold"

American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.

equity awards financial

"tax withholding obligations upon the vesting of equity awards."

Equity awards are payments to employees or directors made in the form of company stock or rights to buy stock later, serving as a way to share ownership rather than cash. For investors, they matter because they align staff incentives with company performance, can increase the number of shares outstanding over time (which can reduce each share’s claim on profits), and create compensation costs that affect reported earnings.

block trades financial

"These ADSs were sold as part of block trades by the broker"

A block trade is a single, large buy or sell of shares or bonds arranged privately between big traders rather than piecemeal on the public market. Think of it like buying a whole shipment at once instead of many small shopping trips; it lets large holders move big positions with less immediate disruption but can signal strong buying or selling pressure and cause price swings once the trade is known, so investors watch block trades for clues about market sentiment and liquidity.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Polestar (PSNY) executive Dicken Scott Fraser report in this Form 4?

Dicken Scott Fraser reported an automatic tax-related share sale. He sold 895 Class A American Depositary Shares at a weighted average price of $17.6824 to cover tax withholding from vesting equity awards, and this did not represent a discretionary trade.

How many Polestar (PSNY) ADSs did the Chief Commercial Officer sell and at what price?

The Chief Commercial Officer sold 895 ADSs at a weighted average $17.6824. The sales occurred as part of broker-executed block trades under a sell-to-cover arrangement tied to equity award vesting and related tax obligations.

Was the Polestar (PSNY) insider sale by Dicken Scott Fraser a discretionary transaction?

No, the sale was not discretionary. The Form 4 states all 895 ADSs were sold automatically under a sell-to-cover arrangement solely to satisfy tax withholding obligations when equity awards vested, rather than being an elective open-market sale.

How many Polestar (PSNY) ADSs does Dicken Scott Fraser own after this transaction?

After the transaction, Fraser directly held 961 ADSs. The Form 4 shows this post-transaction balance in Class A American Depositary Shares, providing context that the tax-related sale represented only part of his overall direct holdings.

Over what price range were the Polestar (PSNY) ADSs sold in the tax-related trades?

The ADSs were sold at weighted average prices between $17.5813 and $17.7911. The Form 4 notes the reported $17.6824 figure is a weighted average, reflecting multiple block trades executed by the broker for several security holders.

What is a sell-to-cover transaction as used in the Polestar (PSNY) Form 4?

A sell-to-cover transaction sells shares to pay tax withholding on vested awards. In this case, 895 ADSs were automatically sold when equity awards vested so that required tax obligations could be satisfied without separate cash payment by the executive.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/29/2026 - 04:21 PM Learn about SEC filing dates

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^*

Dicken Scott Fraser

(Last) (First) (Middle)

ASSAR GABRIELSSONS VAG 9

(Street)

GOTHENBURG SE-405 31

(City) (State) (Zip)

SWEDEN

(Country)

2. Issuer Name and Ticker or Trading Symbol
Polestar Automotive Holding UK PLC [ PSNY ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/27/2026

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
Class A American Depositary Shares	04/27/2026		S		895(1)	D	$17.6824(2)	961	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. All of the Class A American Depositary Shares ("ADSs") were sold pursuant to a sell to cover transaction to satisfy tax withholding obligations upon the vesting of equity awards. The sale was executed automatically pursuant to a sell to cover arrangement and does not represent a discretionary trade by the Reporting Person.

2. The price reported is a weighted average price. These ADSs were sold as part of block trades by the broker executing the sell to cover transactions over several days for multiple security holders of the Issuer at weighted average prices ranging from $17.5813 to $17.7911, inclusive.

Remarks:

	Chris Bailey-Gates, Attorney-in-fact	04/29/2026
	** 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)