Autoliv (NYSE: ALV) president receives new time- and performance-based RSUs
Rhea-AI Filing Summary
Fox Kevin reported acquisition or exercise transactions in this Form 4 filing.
Autoliv Inc. reported that Kevin Fox, President of Autoliv Americas, received several equity-based compensation awards in the form of restricted stock units on June 8, 2026. The grants include time-based RSUs ranging from 6.1516 to 7.1351 units and additional performance-based RSUs of 9.2133 and 15.4244 units.
Each RSU represents a contingent right to receive one share of Autoliv common stock. Dividend equivalent rights accrue as additional RSUs and follow the same vesting schedule as the underlying awards. The performance-based RSUs vest in a single installment after three one-year performance periods ending December 31, 2026 and December 31, 2027, subject to committee certification of performance.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance-Based Restricted Stock Units (2024 Grant) | 15.424 | $0.00 | -- |
| Grant/Award | Performance-Based Restricted Stock Units (2025 Grant) | 9.213 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 6.481 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 7.135 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 6.152 | $0.00 | -- |
Footnotes (1)
- Each restricted stock unit (RSU) represents a contingent right to receive one share of ALV common stock. 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. The performance-based RSUs, as adjusted if necessary, vest and convert to shares in one installment after the completion of the third one-year performance period ending December 31, 2026 and the Leadership Development and Compensation Committee's certification of the level of achievement of the applicable performance objectives. The performance-based RSUs, as adjusted if necessary, vest and convert to shares in one installment after the completion of the third one-year performance period ending December 31, 2027 and the Leadership Development and Compensation Committee's certification of the level of achievement of the applicable performance objectives.