Boardroom Alpha
Meeting calendar
HOG · Annual meeting · Thursday, May 21, 2026

Harley-davidson Inc

8 nominees · 5 ballot items.

Election of eight directors; advisory approval of named executive officer compensation (Say on Pay); approval to increase shares under the 2020 Incentive Stock Plan; ratification of Ernst & Young LLP as independent auditor; vote on a shareholder proposal requesting a climate transition plan.

Market cap
$2.8B
1Y TSR
+7.0%
Board grade
C-
Record date
Mar 12, 2026
Filing
DEF 14A
Meeting concluded · May 21, 2026

Follow how the vote landed and what changed on Harley-davidson Inc’s board — director track records, governance grades, and ongoing monitoring — on the Boardroom Alpha platform.

Proposals

On the ballot5

  1. 1

    Election of Directors

    ManagementBoard: FOR

    Election of eight director nominees to the Board for one-year terms.

  2. 2

    Advisory Vote to Approve the Compensation of Our Named Executive Officers (Say on Pay

    ManagementBoard: FOR

    Non-binding, advisory vote to approve the compensation of the company's named executive officers as disclosed in the proxy statement.

    More detail

    This proposal asks shareholders to cast a non-binding advisory vote to approve the compensation of Harley‑Davidson’s Named Executive Officers (NEOs) as disclosed pursuant to SEC rules. Management seeks shareholder input on its pay-for-performance approach, which ties a significant portion of NEO pay to short-term and long-term performance measures (STIP and PSUs) and uses market benchmarking. The board recommends a "FOR" vote, arguing the program aligns pay with performance, emphasizes equity-based incentives, and uses governance safeguards (independent HR committee, independent consultant, clawback policy). Context includes CEO transition in 2025 with one-time make‑whole awards, below‑target 2025 payouts reflecting challenging operating conditions, and extensive shareholder engagement including a prior 78% support for say‑on‑pay. The vote is advisory and non‑binding but the Human Resources Committee will consider results when making future compensation decisions.

  3. 3

    Approval of Amendments to Incentive Stock Plan

    ManagementBoard: FOR

    Approve an amendment to increase the number of shares authorized under the 2020 Incentive Stock Plan by 3.5 million (total 12.2 million).

    More detail

    Management is asking shareholders to approve an amendment to the 2020 Incentive Stock Plan to increase the authorized share pool by 3.5 million shares, raising the total to 12.2 million. The Board frames this request as necessary to support the Company’s compensation strategy—aligning employee incentives with long-term shareholder value, aiding retention and recruitment, and preserving the ability to grant equity under an existing shareholder-approved plan. The proposal includes details on available shares as of March 5, 2026, the expected dilution (approximately 6.6% of issued and outstanding shares if fully issued), historical burn rates (1.3% in 2025), and that directors and non-employee plan awards are separately managed under a director stock plan. The Board recommends "FOR," arguing the Plan balances flexibility for grants with protections (minimum vesting, limits on repricing, Section 162(m)-style caps). The amendment would align with precedent equity plans and maintains standard adjustment and change-of-control provisions; shareholders will vote to increase share authorization to preserve competitive equity grant capacity.

  4. 4

    Ratification of Selection of Independent Registered Public Accounting Firm

    ManagementBoard: FOR

    Ratify the selection of Ernst & Young LLP as the Company’s independent registered public accounting firm for fiscal year 2026.

  5. 5

    Shareholder Proposal Regarding a Climate Transition Plan

    Shareholder — Green Century Capital Management, Inc.Board: AGAINST

    A shareholder proposal requesting the company to publish a climate transition plan describing if and how the company intends to achieve its climate-related goals, with annual updates.

Director elections

Nominees on the ballot8

Independent
Tenure on this board
9.5 yrs
Also a director at
Levi Strauss & Co (LEVI)Array Technologies Inc (ARRY)
Independent
Tenure on this board
1.2 yrs
Also a director at
Valvoline Inc (VVV)
Independent
Tenure on this board
9.5 yrs
Also a director at
Price T Rowe Group Inc (TROW)
Independent
Tenure on this board
0.8 yrs
Also a director at
Thredup Inc (TDUP)Rent The Runway Inc (RENT)Eversource Energy (ES)
Independent
Tenure on this board
0.8 yrs
Also a director at
Yeti Holdings Inc (YETI)
Not independent
Tenure on this board
0.8 yrs
Also a director at
Dine Brands Global Inc (DIN)
Independent
Tenure on this board
10.1 yrs
Also a director at
Waste Management Inc (WM)Vontier Corp (VNT)Flex Ltd (FLEX)
Ownership

Top institutional holders10

Latest 13F quarter
1DONALD SMITH CO., INC.9.5%10,016,874$203M
2BlackRock, Inc.6.0%6,295,632$127M
3DIMENSIONAL FUND ADVISORS LP5.3%5,607,575$113M
4VANGUARD PORTFOLIO MANAGEMENT LLC5.0%5,283,574$107M
5LSV ASSET MANAGEMENT4.9%5,174,024$105M
6VANGUARD CAPITAL MANAGEMENT LLC4.8%5,060,962$102M
7AMERICAN CENTURY COMPANIES INC4.5%4,756,434$96M
8STATE STREET CORP3.6%3,795,273$77M
9BlackRock, Inc.3.1%3,303,222$67M
10TWO SIGMA INVESTMENTS, LP2.9%3,042,450$62M
Filings

Recent key filings

Periodic reports
Definitive proxies
Reference

Frequently asked questions

When is the Harley-davidson Inc 2026 annual meeting?
Harley-davidson Inc (HOG) holds its 2026 annual shareholder meeting on Thursday, May 21, 2026.
What is the record date for the Harley-davidson Inc 2026 meeting?
The record date for the Harley-davidson Inc 2026 meeting is Thursday, March 12, 2026. Shareholders of record on or before that date are eligible to vote.
Who are the director nominees for Harley-davidson Inc's 2026 meeting?
The board is presenting 8 director nominees at the Harley-davidson Inc 2026 meeting, listed with their independence status and background.
What proposals will shareholders vote on at the Harley-davidson Inc 2026 meeting?
Shareholders will vote on 5 proposals at the Harley-davidson Inc 2026 meeting, each tagged with who proposed it and the board's recommendation.
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