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Insider Trends: Insider at Harley-Davidson Acquires Stock Via Option/Derivative Security, Sells Portion to Pay Tax, Selling Trend Continues

· 02/04/2021 13:43

06:39 PM EST, 02/04/2021 (MT Newswires) -- On Feb 02, 2021, Lawrence G Hund, Chief Commercial Officer, exercised options/derivative securities for 14,059 shares of Harley-Davidson (HOG) and sold 3,093 shares in the company for $102,873 to meet tax obligations. After accounting for tax obligations this transaction resulted in a net acquisition of 10,966 company shares. Following the Form 4 filing with the SEC, Hund controls 36,433 company shares of which 34,814 shares are held directly and 1,619 are owned indirectly. These holdings have an approximate market value of $1.20 million as of the prior-day closing price. In addition the company has granted Hund stock options of which 7,120 are currently in the money and have an approximate value of $235,031 as of yesterday's closing price.

Over the last 90 days, previous to the date of this filing, there have been 31 insider transactions reported to the SEC for Harley-Davidson. These transactions came from the activities of 10 individual insiders that resulted in a net disposition of 75,343 company shares. Relative to the preceding 90-day window of time, there was 1 transaction from 1 insider that resulted in the acquisition of 71,450 shares.

This level of insider transactions is below that of the peer group average in the 5-company Motorcycles & Scooters peer group over the last 90-day period. Activity in the peer group averaged 50.2 transactions per company, and disposition of 72,413 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/793952/000122520821001721/xslF345X03/doc4.xml

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.