Insider Trading March 16, 2026

Harley-Davidson SVP Sells $76,740 of Stock as Company Navigates Recall, Debt Redemption and Analyst Cut

Senior vice president Do Charles disposes of 4,241 shares while Harley-Davidson discloses multiple corporate actions and a product recall

By Marcus Reed HOG
Harley-Davidson SVP Sells $76,740 of Stock as Company Navigates Recall, Debt Redemption and Analyst Cut
HOG

Harley-Davidson senior vice president Do Charles sold 4,241 shares of common stock on March 12, 2026, for $18.095 per share, a transaction valued at $76,740. The sale comes amid a string of company developments including a planned modest share repurchase under a Rule 10b5-1 trading plan, the upcoming redemption of €700 million in guaranteed notes by Harley-Davidson Financial Services, a declared quarterly dividend and a recall of 9,401 Sportster S motorcycles. Market data cited in filings places Harley-Davidson shares near a 52-week low and highlights valuation metrics and dividend yield.

Key Points

  • Insider sale: SVP Do Charles sold 4,241 shares on March 12, 2026, at $18.095 per share, totaling $76,740; he now directly owns 183 shares.
  • Corporate actions: Harley-Davidson outlined a modest Rule 10b5-1 repurchase plan by March 13, 2026, will redeem €700 million of guaranteed notes on March 15, 2026, and declared a quarterly dividend of $0.1875 payable March 17, 2026 (record date March 2, 2026).
  • Product and market developments: The company issued a recall for 9,401 Sportster S motorcycles (model years 2021-2026) and faces a lowered analyst price target from DA Davidson alongside valuation metrics showing a low P/E and a 4.21% dividend yield.

Harley-Davidson (NYSE:HOG) disclosed an insider stock sale by a senior executive in a Form 4 filing with the Securities and Exchange Commission. On March 12, 2026, Do Charles, senior vice president, HDFSI, sold 4,241 shares of Harley-Davidson common stock at $18.095 per share. The transaction produced total proceeds of $76,740.

After the sale, Charles is recorded as directly owning 183 shares of Harley-Davidson stock.

The sale by Charles arrives as the company’s shares trade near a 52-week low of $17.11, with the stock down approximately 40% over the last six months. InvestingPro data cited in public filings further characterizes the shares as trading at a low price-to-earnings ratio of 6.41 and providing a 4.21% dividend yield.


Beyond the insider transaction, Harley-Davidson announced several corporate actions and developments affecting shareholders and creditors. The company said it will repurchase a modest amount of common stock under a Rule 10b5-1 trading plan by March 13, 2026, with timing and amounts dependent on market conditions.

Separately, Harley-Davidson Financial Services, a wholly owned subsidiary, plans to redeem all outstanding €700 million of 5.125% Guaranteed Notes due 2026 on March 15, 2026, using available cash and cash equivalents, according to the company’s disclosures.

On the shareholder returns front, Harley-Davidson declared a quarterly cash dividend of $0.1875 per share. That dividend is payable on March 17, 2026, to holders of record as of the March 2, 2026 record date.


The company also reported a product safety action: a recall affecting 9,401 Sportster S motorcycles. Harley-Davidson said certain units from model years 2021 through 2026 may be subject to an upper triple clamp fracture during operation, prompting the recall notification.

On the analyst front, DA Davidson adjusted its valuation view by lowering its price target on Harley-Davidson from $30.00 to $25.00 while maintaining a Buy rating. The firm pointed to the company’s fourth-quarter 2025 results and its guidance for 2026 as coming in below expectations, though it emphasized a stated commitment to a turnaround year.


Additional informational services referenced in the company’s filings include InvestingPro, which is cited for the valuation and dividend data, and a Pro Research Report available for deeper analysis. Promotional evaluative services mentioned in public materials note that a ProPicks AI tool assesses HOG among thousands of companies each month using a range of financial metrics.

Taken together, the insider sale and the cluster of corporate actions - including the buyback plan, notes redemption, dividend declaration, the motorcycle recall, and the analyst price-target adjustment - represent a concentrated set of disclosures for investors and stakeholders to digest in the near term.

Risks

  • Product safety recall - The Sportster S recall for 9,401 bikes due to a potential upper triple clamp fracture introduces operational and reputational risk for the motorcycle manufacturing and consumer discretionary sectors.
  • Liquidity and financing activity - The planned redemption of €700 million 5.125% Guaranteed Notes by Harley-Davidson Financial Services on March 15, 2026, has implications for the company’s cash management and affects credit and fixed-income stakeholders.
  • Earnings and guidance uncertainty - DA Davidson cited fourth-quarter 2025 results and 2026 guidance that were below expectations, a factor that may influence investor sentiment in equity markets and valuation assessments.

More from Insider Trading

Dolphin CEO William O’Dowd Buys 3,100 Shares as Company Highlights Organic Growth Mar 16, 2026 Climb Global CEO Sells $684K in Shares as Stock Trades Near Yearly Low Mar 16, 2026 Montrose Environmental CEO offloads shares while exercising options; company posts quarterly beat Mar 16, 2026 Sprouts CTO Disposes Small Stake as Analysts Trim Targets Mar 16, 2026 Sprouts CHRO Sells $8,255 in Stock as Company Faces Mixed Analyst Outlook Mar 16, 2026