---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-140033"
form_type: "8-K"
ticker: "LVWR"
cik: "0001898795"
company_name: "LiveWire Group, Inc."
filed_at: "2023-05-10T23:59:59+00:00"
generated_at: "2026-06-15T07:14:12.406634+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# LiveWire adopts executive severance plan with 6–12 months base salary

## Summary
- Plan approved May 9, 2023; covers all executive officers (VP and above).
- CEO & President receive 12 months base salary lump sum; other execs receive 6 months.
- Includes prorated short-term incentive and health premium contribution.
- Benefits conditional on non-compete, non-solicitation covenants and release of claims.
- No duplication with individual severance agreements; 280G parachute payment limit applies.

## SEC filing metadata
- accession: 0001193125-23-140033
- form_type: 8-K
- ticker: LVWR
- cik: 0001898795
- company_name: LiveWire Group, Inc.
- filed_at: 2023-05-10T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1898795/000119312523140033/0001193125-23-140033-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1898795/000119312523140033/d441568d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-140033
- JSON: https://secwatch.observer/filing/0001193125-23-140033.json
- Plain text: https://secwatch.observer/filing/0001193125-23-140033.txt

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