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Tax-related ADS sale by Polestar (PSNY) chief digital officer disclosed

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Polestar Automotive Holding UK PLC Chief Digital Officer Beatrice Simonsson reported an automatic tax-related sale of Class A American Depositary Shares. She sold 527 ADSs in an open-market transaction at a weighted average price of $17.6824 per ADS to cover tax withholding obligations when equity awards vested. After this sell-to-cover transaction, she holds 612 ADSs directly. The sale was executed automatically under a sell-to-cover arrangement and did not represent a discretionary trade.

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Insider Simonsson Beatrice Ingmarie
Role Chief Digital Officer
Sold 527 shs ($9K)
Type Security Shares Price Value
Sale Class A American Depositary Shares 527 $17.6824 $9K
Holdings After Transaction: Class A American Depositary Shares — 612 shares (Direct, null)
Footnotes (1)
  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. 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.
ADS sold 527 ADS Open-market sale to cover tax withholding on vesting equity awards
Weighted average sale price $17.6824 per ADS Weighted average price for the reported ADS sale
ADS held after transaction 612 ADS Direct holdings following the sell-to-cover transaction
Broker sale price range $17.5813–$17.7911 per ADS Weighted average price range for block trades executed by broker
Net shares sold 527 ADS Net sell direction per transaction summary
sell to cover financial
"All of the Class A American Depositary Shares ("ADSs") were 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. These ADSs were sold as part of block trades"
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.
Class A American Depositary Shares financial
"All of the Class A American Depositary Shares ("ADSs") were sold pursuant to a sell to cover transaction"
equity awards financial
"to satisfy 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.
tax withholding obligations financial
"sold pursuant to a sell to cover transaction to satisfy tax withholding obligations upon the vesting of equity awards"
SEC Form 4
FORM 4UNITED 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*
Simonsson Beatrice Ingmarie

(Last)(First)(Middle)
ASSAR GABRIELSSONS VAG 9

(Street)
GOTHENBURGSE-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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Digital 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)
XForm 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)
CodeVAmount(A) or (D)Price
Class A American Depositary Shares04/27/2026S527(1)D$17.6824(2)612D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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-fact04/29/2026
** Signature of Reporting PersonDate
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 Polestar (PSNY) report for Beatrice Simonsson?

Polestar reported that Chief Digital Officer Beatrice Simonsson sold 527 Class A American Depositary Shares. The Form 4 states this was an open-market transaction executed automatically as a sell-to-cover to satisfy tax withholding obligations tied to vesting equity awards.

Why did Polestar (PSNY) CDO Beatrice Simonsson sell 527 ADS?

The 527 ADSs were sold to cover tax withholding obligations arising when her equity awards vested. According to the disclosure, the sale was made automatically under a sell-to-cover arrangement and does not represent a discretionary trading decision by the reporting person.

At what price were the 527 Polestar (PSNY) ADS sold in the Form 4?

The filing reports a weighted average sale price of $17.6824 per ADS. Footnotes explain the ADSs were sold as part of broker block trades at weighted average prices ranging from $17.5813 to $17.7911 across several days for multiple security holders.

How many Polestar (PSNY) ADS does Beatrice Simonsson hold after this transaction?

After the tax-related sale, the Form 4 shows Beatrice Simonsson directly holding 612 Class A American Depositary Shares. This figure reflects her position following the automatic sell-to-cover transaction executed to satisfy tax withholding obligations on vesting equity awards.

Was the Polestar (PSNY) insider ADS sale a discretionary trade?

No. Footnotes clarify the ADS sale was executed automatically under a sell-to-cover arrangement. It occurred solely to satisfy tax withholding obligations when equity awards vested and is explicitly described as not representing a discretionary trade by the reporting person.