Polaris Inc. Files Routine SC 13G/A Amendment No. 10
Ticker: PII · Form: SC 13G/A · Filed: 2024-02-13T00:00:00.000Z
Sentiment: neutral
Topics: ownership-disclosure, amendment, institutional-holdings
TL;DR
**Polaris filed a routine ownership update, nothing major to see here.**
AI Summary
This SC 13G/A filing, an amendment (Amendment No. 10) filed on February 13, 2024, indicates that Polaris Inc. (ticker: PII) has updated its ownership disclosure for its common stock, $0.01 par value, as of December 31, 2023. This filing is a routine update under Rule 13d-1(b) and doesn't signal any major changes in ownership or strategy. For investors, this means there's no immediate red flag or catalyst from a significant ownership shift, reinforcing the current institutional holding structure.
Why It Matters
This filing is a standard disclosure and doesn't indicate any significant change in ownership that would impact the stock price or company control, providing stability for current and prospective shareholders.
Risk Assessment
Risk Level: low — This is a standard, routine amendment filing that does not indicate any new or increased risk to investors.
Analyst Insight
Investors should view this as a routine compliance filing, indicating no immediate changes in major ownership that would warrant a shift in investment strategy for Polaris Inc. (PII).
Key Numbers
- 731068102 — CUSIP Number (identifies Polaris Inc.'s common stock)
- 10 — Amendment Number (indicates this is the tenth amendment to the original Schedule 13G filing)
Key Players & Entities
- Polaris Inc. (company) — the issuer of the common stock
- United States Securities and Exchange Commission (company) — the regulatory body receiving the filing
- December 31, 2023 (date) — the date of the event requiring the filing
- $0.01 (dollar_amount) — the par value of Polaris Inc. common stock
Forward-Looking Statements
- Polaris Inc. will continue to see stable institutional ownership without significant activist pressure. (Polaris Inc.) — high confidence, target: 2025-02-13
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, specifically Amendment No. 10, as stated in the document title and cover page.
What is the name of the issuer whose securities are being reported?
The name of the issuer is Polaris Inc., as clearly stated under 'Name of Issuer' on the Schedule 13G cover page.
What is the CUSIP number for the class of securities mentioned in this filing?
The CUSIP number for the common stock of Polaris Inc. is 731068102, as listed on the cover page of the Schedule 13G.
What was the 'Date of Event Which Requires Filing of This Statement'?
The 'Date of Event Which Requires Filing of This Statement' was December 31, 2023, as specified on the Schedule 13G cover page.
Under which rule was this Schedule 13G filed?
This Schedule 13G was filed under Rule 13d-1(b), indicated by the checked box on the cover page.
Filing Stats: 1,108 words · 4 min read · ~4 pages · Grade level 8.9 · Accepted 2024-02-13 16:46:32
Key Financial Figures
- $0.01 — INC. (Name of Issuer) Common stock, $0.01 par value (Title of Class of Securiti
Filing Documents
- form13gaforesop2024.htm (SC 13G/A) — 52KB
- 0001628280-24-004493.txt ( ) — 54KB
Ownership
Item 4. Ownership. (a) Amount beneficially owned 2,913,834.32 (b) Percent of class 5.18% (c) Number of shares as to which such person has (i) Sole power to vote or to direct the vote None (ii) Shared power to vote or to direct the vote 2,913,834.32 (iii) Sole power to dispose or to direct the disposition of None (iv) Shared power to dispose or to direct the disposition of 2,913,834.32
Ownership of Five Percent or Less of a Class
Item 5. Ownership of Five Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following .
Ownership of More than Five Percent on Behalf of Another Person
Item 6. Ownership of More than Five Percent on Behalf of Another Person. The participants in and beneficiaries of the ESOP have the right to receive dividends from and the proceeds from the sale of the shares of Polaris common stock reported on this Schedule. No person has such a right with respect to more than 5% of Polaris' outstanding common stock. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. Not applicable.
Identification and Classification of Members of the Group
Item 8. Identification and Classification of Members of the Group. Not applicable.
Notice of Dissolution of Group
Item 9. Notice of Dissolution of Group. Not applicable.
Certifications
Item 10. Certifications. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date February 13, 2024 POLARIS INC. EMPLOYEE STOCK OWNERSHIP PLAN By Polaris Retirement Plan Committee, as Plan Administrator By s John G. Springer John G. Springer Committee Secretary