Autoliv (NYSE: ALV) president granted new performance-based RSUs
Rhea-AI Filing Summary
Fox Kevin reported acquisition or exercise transactions in this Form 4 filing.
Autoliv Inc. President, Autoliv Americas Kevin Fox reported routine equity compensation grants rather than open-market trading. On March 19, 2026, he received several awards of performance-based restricted stock units and time-based restricted stock units, each representing a contingent right to one share of Autoliv common stock.
The performance-based RSUs for the 2024 and 2025 grants vest in a single installment after three one-year performance periods ending December 31, 2026 and December 31, 2027, subject to the compensation committee certifying performance. Time-based RSUs are scheduled to vest in 2027, 2028, and 2029, and dividend equivalents accrue as additional RSUs that follow the same vesting schedule.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance-Based Restricted Stock Units (2024 Grant) | 19.276 | $0.00 | -- |
| Grant/Award | Performance-Based Restricted Stock Units (2025 Grant) | 11.514 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 8.099 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 8.917 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 7.688 | $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.