Autoliv (ALV) director Frederic Lissalde receives new restricted stock unit grant
Rhea-AI Filing Summary
Autoliv Inc. director Frederic Lissalde received a small equity award in the form of restricted stock units (RSUs). On this Form 4, he was granted 9.5325 RSUs, each representing one share of Autoliv common stock. Following this award, he directly holds 1,414.5325 RSUs.
The footnotes explain that dividend equivalent rights are credited as additional RSUs rather than cash, and these new RSUs follow the same vesting terms as the underlying award. The RSUs are scheduled to vest and convert into common shares in a single installment on the earlier of Autoliv’s 2027 annual stockholder meeting or the one-year anniversary of May 7, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lissalde Frederic
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 9.5325 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Unit — 1,414.5325 shares (Direct)
Footnotes (3)
- F1. Each RSU represents a contingent right to receive one share of ALV common stock.
- F2. Dividend equivalent rights accrued in the form of additional RSUs. Per the award agreement, cash dividends with a record date on or after the grant date and paid on or before the vesting date yield additional RSUs subject to the same vesting schedule as the underlying RSUs.
- F3. The RSUs vest and convert to shares in one installment on the earlier of (a) the date of ALV's 2027 annual stockholder meeting, or (b) the one-year anniversary of May 7, 2026.
Key Figures
RSUs granted: 9.5325 RSUs
Total RSUs after grant: 1,414.5325 RSUs
RSU-to-share ratio: 1 RSU : 1 share
+2 more
5 metrics
RSUs granted
9.5325 RSUs
Grant on June 8, 2026
Total RSUs after grant
1,414.5325 RSUs
Direct holdings following transaction
RSU-to-share ratio
1 RSU : 1 share
Each RSU equals one ALV common share
Vesting trigger
2027 annual meeting or 1-year after May 7, 2026
Single installment vesting condition
Transaction code
A
Grant, award, or other acquisition of derivative security
Key Terms
Restricted Stock Unit, dividend equivalent rights, vesting schedule, annual stockholder meeting, +1 more
5 terms
Restricted Stock Unit financial
"Each RSU represents a contingent right to receive one share of ALV common stock."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
dividend equivalent rights financial
"Dividend equivalent rights accrued in the form of additional RSUs."
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
vesting schedule financial
"additional RSUs subject to the same vesting schedule as the underlying RSUs."
A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.
annual stockholder meeting financial
"on the earlier of (a) the date of ALV's 2027 annual stockholder meeting"
An annual stockholder meeting is a yearly gathering where a company's owners (shareholders) receive updates on performance, vote on key issues like board members, executive pay and major corporate plans, and ask questions of management. Think of it as a company town hall where choices about oversight and direction are decided; outcomes can affect management accountability, corporate strategy and ultimately the value and risks of investors’ shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Autoliv (ALV) report for Frederic Lissalde?
Autoliv reported that director Frederic Lissalde received a grant of 9.5325 restricted stock units. These RSUs are a form of equity compensation and increase his direct holdings to 1,414.5325 RSUs, each representing a contingent right to one share of Autoliv common stock.
How many Autoliv (ALV) restricted stock units does Frederic Lissalde hold after this filing?
After this grant, Frederic Lissalde directly holds 1,414.5325 restricted stock units. Each RSU corresponds to one share of Autoliv common stock, subject to vesting. This figure reflects his position in this specific RSU award program following the June 8, 2026 transaction.
What does each Autoliv (ALV) restricted stock unit granted to Frederic Lissalde represent?
Each restricted stock unit represents a contingent right to receive one share of Autoliv common stock. The right becomes actual ownership only when vesting conditions are met and the units convert into shares, aligning director compensation with Autoliv’s long-term stock performance.
How are dividend equivalent rights treated for Frederic Lissalde’s Autoliv (ALV) RSUs?
Dividend equivalent rights on these RSUs accrue as additional restricted stock units rather than cash. Cash dividends with a record date on or after the grant date and paid before vesting generate extra RSUs that follow the same vesting schedule as the original award.