---
schema_version: "secwatch.filing_event.v1"
accession: "0000793952-25-000113"
form_type: "8-K"
ticker: "HOG"
cik: "0000793952"
company_name: "HARLEY-DAVIDSON, INC."
filed_at: "2025-05-12T23:59:59+00:00"
generated_at: "2026-05-22T00:57:43.447948+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Harley-Davidson lowers 2025 tariff cost estimate to $30-55M; HDFS transaction progressing

## Summary
- Original incremental tariff estimate of $75-100M reduced by $45M to $30-55M following U.S.-China Geneva statement.
- If tariffs remain at 30% after Aug 12 (vs. revert to 145%), cost drops another $20M to $10-35M.
- HDFS transaction (financial services) drawing multiple interested parties; details expected in Q2 2025 earnings.
- Company targets HDFS transaction close in Q3 2025, subject to Board approval.

## SEC filing metadata
- accession: 0000793952-25-000113
- form_type: 8-K
- ticker: HOG
- cik: 0000793952
- company_name: HARLEY-DAVIDSON, INC.
- filed_at: 2025-05-12T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/793952/000079395225000113/0000793952-25-000113-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/793952/000079395225000113/hog-20250512.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000793952-25-000113
- JSON: https://secwatch.observer/filing/0000793952-25-000113.json
- Plain text: https://secwatch.observer/filing/0000793952-25-000113.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.