Polestar (PSNY) CCO acquires 1,856 ADS through RSU and PSU vesting

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Polestar Automotive Holding UK PLC Chief Commercial Officer Dicken Scott Fraser acquired equity through compensation awards. On April 21, he received 92 Class A American Depositary Shares (ADS) as a grant and 1,764 ADS from the vesting and conversion of previously granted Restricted and Performance Stock Units.

Each RSU and PSU converted into one ADS at no cash exercise price, and there were no open-market purchases or sales. Following these transactions, Fraser directly holds 1,856 ADS, with no remaining RSU derivative position reported in this filing.

Insider Trade Summary

1,764 shares exercised/converted

Mixed 4 txns

Insider Dicken Scott Fraser

Role Chief Commercial Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	1,588	$0.00	--
Exercise	Restricted Stock Units	176	$0.00	--
Exercise	Class A American Depositary Shares	1,764	$0.00	--
Grant/Award	Class A American Depositary Shares	92	$0.00	--

Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Class A American Depositary Shares — 1,764 shares (Direct, null)

Footnotes (1)

Represents the vesting of all Restricted Stock Units ("RSUs") granted on April 3, 2023, and April 1, 2025. Each RSU converts to a Class A American Depositary Share ("ADS") on a one-for-one basis. Represents the vesting of Performance Stock Units ("PSUs") granted on April 3, 2023. Each PSU converts to an ADS on a one-for-one basis. Represents the vesting of all RSUs granted on April 1, 2025. Each RSU converts to a Class A American Depositary Share ("ADS") on a one-for-one basis. Represents the vesting of all RSUs granted on April 3, 2023. Each RSU converts to a Class A American Depositary Share ("ADS") on a one-for-one basis.

Key Figures

ADS grant: 92 ADS ADS from RSU/PSU vesting: 1,764 ADS Total ADS acquired: 1,856 ADS +3 more

6 metrics

ADS grant 92 ADS Grant/award to CCO on April 21, 2026

ADS from RSU/PSU vesting 1,764 ADS Shares issued upon vesting and conversion on April 21, 2026

Total ADS acquired 1,856 ADS Combined grant and vesting-related acquisitions

Post-transaction ADS holding 1,856 ADS Direct holdings after non-derivative transactions

RSU derivative balance 0 units Restricted Stock Units remaining after vesting and conversion

Derivative exercises 2 exercises, 1,764 shares Exercise or conversion of RSU/PSU awards on April 21, 2026

Key Terms

Restricted Stock Units, Performance Stock Units, Class A American Depositary Shares, Exercise or conversion of derivative security

4 terms

Restricted Stock Units financial

"Represents the vesting of all Restricted Stock Units ("RSUs") granted on April 3, 2023, and April 1, 2025."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Performance Stock Units financial

"Represents the vesting of Performance Stock Units ("PSUs") granted on April 3, 2023."

Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.

Class A American Depositary Shares financial

"Each RSU converts to a Class A American Depositary Share ("ADS") on a one-for-one basis."

Exercise or conversion of derivative security financial

"transaction_code_description": "Exercise or conversion of derivative security""

Form 4 Insider Transactions: What Each Field Means →

04/23/2026 - 05:17 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^*

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)
04/21/2026

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)
Class A American Depositary Shares	04/21/2026		M		1,764⁽¹⁾	A	$0	1,764	D
Class A American Depositary Shares	04/21/2026		A		92⁽²⁾	A	$0	1,856	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)
Restricted Stock Units	⁽³⁾	04/21/2026		M			1,588	⁽³⁾	⁽³⁾	Class A American Depositary Shares	1,588	$0	0	D
Restricted Stock Units	⁽⁴⁾	04/21/2026		M			176	⁽⁴⁾	⁽⁴⁾	Class A American Depositary Shares	176	$0	0	D

Explanation of Responses:

1. Represents the vesting of all Restricted Stock Units ("RSUs") granted on April 3, 2023, and April 1, 2025. Each RSU converts to a Class A American Depositary Share ("ADS") on a one-for-one basis.

2. Represents the vesting of Performance Stock Units ("PSUs") granted on April 3, 2023. Each PSU converts to an ADS on a one-for-one basis.

3. Represents the vesting of all RSUs granted on April 1, 2025. Each RSU converts to a Class A American Depositary Share ("ADS") on a one-for-one basis.

4. Represents the vesting of all RSUs granted on April 3, 2023. Each RSU converts to a Class A American Depositary Share ("ADS") on a one-for-one basis.

Remarks:

	Chris Bailey-Gates, Attorney-in-fact	04/23/2026
	** 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 Polestar (PSNY) Chief Commercial Officer acquire in this Form 4?

The Chief Commercial Officer acquired 1,856 Class A American Depositary Shares in total. This came from a 92-share grant and 1,764 shares issued upon vesting of previously granted RSUs and PSUs, all as equity compensation rather than open-market purchases.

Were the Polestar (PSNY) shares in this filing bought on the open market?

No, the shares were not bought on the open market. They were received at a zero exercise price through equity compensation: a direct grant of 92 ADS and 1,764 ADS from the vesting and conversion of Restricted and Performance Stock Units previously awarded.

How many Polestar (PSNY) ADS does the CCO hold after these transactions?

After these transactions, the Chief Commercial Officer directly holds 1,856 Class A American Depositary Shares. This post-transaction holding reflects the combination of the 92-share grant and the 1,764 shares received from vesting and conversion of earlier RSU and PSU awards.

What role did Restricted Stock Units play in this Polestar (PSNY) Form 4?

Restricted Stock Units previously granted to the executive vested and converted into ADS. Specifically, RSUs and Performance Stock Units granted in April 2023 and April 2025 vested, and each unit converted into one Class A American Depositary Share at a zero exercise price.

Does this Polestar (PSNY) Form 4 indicate any Performance Stock Unit vesting?

Yes, the filing notes vesting of Performance Stock Units granted on April 3, 2023. Each PSU converted into one Class A American Depositary Share, contributing to the 1,764 ADS issued upon vesting alongside Restricted Stock Units described in the footnotes.

Is there any remaining RSU or PSU derivative position after this Polestar (PSNY) filing?

The filing shows zero remaining Restricted Stock Units after vesting-related exercises. Derivative entries list RSU positions going to zero following conversion into ADS, and the derivative position summary is empty, indicating no remaining RSU or PSU derivatives reported here.