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Polaris (PII) CFO converts deferred stock units into common shares in routine move

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

Rhea-AI Filing Summary

Polaris Inc. CFO and Executive Vice President of Finance and Corporate Development Robert Paul Mack exercised deferred stock units into common shares under the company’s Supplemental Executive Retirement Plan. He converted 23 deferred stock units into 23 shares of common stock, a routine compensation-related transaction rather than an open-market trade.

Following these transactions, he directly holds 80,492.25 shares of Polaris common stock and 2,729.75 deferred stock units. Each deferred stock unit entitles him to receive one share of common stock at the elected settlement date, with an option to move units into an alternative investment account after six months and one day.

Positive

  • None.

Negative

  • None.
Insider Mack Robert Paul
Role CFO, EVP - Finance + Corp Dev
Type Security Shares Price Value
Exercise Deferred Stock Units 23 $0.00 --
Exercise Common Stock 23 $0.00 --
Holdings After Transaction: Deferred Stock Units — 2,729.75 shares (Direct, null); Common Stock — 80,492.25 shares (Direct, null)
Footnotes (1)
  1. Pursuant to the Issuer's Supplemental Executive Retirement Plan ("SERP"), the reporting officer has elected to receive quarterly distributions of one share of common stock for each deferred stock unit held. Each deferred stock unit represents the right to receive one (1) share of the Issuer's common stock upon the settlement of the units. At the settlement date elected by the reporting officer under the Issuer's SERP, the reporting officer is entitled to receive one share of common stock for each deferred stock unit held. The deferred stock units may be transferred into an alternative investment account in the SERP after a period of six months and one day.
Deferred stock units exercised 23 units Converted into 23 Polaris common shares on 2026-06-01
Common shares after transaction 80,492.25 shares Direct holdings of Polaris common stock post-transaction
Deferred stock units remaining 2,729.75 units Deferred stock units held after the exercise
Exercise price per unit $0.0000 per unit Stated conversion price for deferred stock units
Exercise transactions 1 exercise, 23 shares transactionSummary exerciseCount and exerciseShares
Supplemental Executive Retirement Plan financial
"Pursuant to the Issuer's Supplemental Executive Retirement Plan ("SERP"), the reporting officer has elected..."
Deferred Stock Units financial
"The deferred stock units may be transferred into an alternative investment account..."
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.
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
settlement of the units financial
"represents the right to receive one (1) share... upon the settlement of the units."
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Form 4 Insider Transactions: What Each Field Means →
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*
Mack Robert Paul
(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
CFO, EVP - Finance + Corp Dev
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026		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
Common Stock06/01/2026M23(1)A(2)80,492.25D
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
Deferred Stock Units(2)06/01/2026M23 (3) (3)Common Stock23(2)2,729.75D
Explanation of Responses:
1. Pursuant to the Issuer's Supplemental Executive Retirement Plan ("SERP"), the reporting officer has elected to receive quarterly distributions of one share of common stock for each deferred stock unit held.
2. Each deferred stock unit represents the right to receive one (1) share of the Issuer's common stock upon the settlement of the units.
3. At the settlement date elected by the reporting officer under the Issuer's SERP, the reporting officer is entitled to receive one share of common stock for each deferred stock unit held. The deferred stock units may be transferred into an alternative investment account in the SERP after a period of six months and one day.
Remarks:
/s/ Sarah Maveus, as attorney-in-fact06/02/2026
** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Polaris (PII) report for CFO Robert Paul Mack?

Polaris reported that CFO Robert Paul Mack exercised 23 deferred stock units into 23 shares of common stock. This was a routine, compensation-related conversion under the company’s Supplemental Executive Retirement Plan, not an open-market purchase or sale of Polaris shares.

How many Polaris (PII) shares does the CFO hold after this Form 4 filing?

After the reported transactions, Polaris CFO Robert Paul Mack directly holds 80,492.25 shares of common stock. He also holds 2,729.75 deferred stock units, each representing the right to receive one share of Polaris common stock upon settlement under the SERP.

What are Polaris (PII) deferred stock units mentioned in the Form 4?

Each Polaris deferred stock unit represents the right to receive one share of common stock upon settlement. Under the Supplemental Executive Retirement Plan, units can be settled in stock at an elected date or moved into an alternative investment account after six months and one day.

Was the Polaris (PII) CFO’s Form 4 transaction a stock sale or purchase?

The Form 4 shows a derivative exercise, not an open-market sale or purchase. Polaris’s CFO converted 23 deferred stock units into 23 common shares at a stated price of $0.0000, reflecting compensation mechanics rather than a discretionary trade in the market.

How often can Polaris (PII) deferred stock units be distributed to the CFO?

Under Polaris’s Supplemental Executive Retirement Plan, the reporting officer elected to receive quarterly distributions of one share of common stock for each deferred stock unit held. This election governs how the deferred stock units are periodically settled into Polaris common shares.