ALV Form 4: Mikael Bratt Added Performance-Based RSUs, Dividend Equivalents Credited

Rhea-AI Filing Summary

Mikael Bratt, President and CEO of Autoliv Inc. (ALV) filed a Form 4 reporting acquisitions dated 09/23/2025. The filing shows additions of performance-based restricted stock units (RSUs) from the 2023 and 2024 grants: 69.1611 RSUs from the 2023 grant and 24.9747 RSUs from the 2024 grant. Each RSU represents a contingent right to one share of ALV common stock and the reported price is $0. Dividend equivalents were credited as additional RSUs and the awards vest, if earned, after completion and certification of multi-year performance periods ending December 31, 2025 (2023 grant) and December 31, 2026 (2024 grant). Following these transactions, beneficial ownership counts for the reported awards are 10,384.7392 and 3,196.169 RSUs respectively.

Positive

• Performance-based RSUs align CEO compensation with multi-year company performance
• Dividend equivalents were credited in RSUs, preserving incentive value without immediate cash payouts
• No open-market sales reported—transactions are compensation awards, not disposals

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: CEO received performance-based RSUs, aligning pay with long-term performance and subject to committee certification.

This Form 4 documents additional performance-based restricted stock units credited to the CEO, including dividend equivalent accruals. The awards vest only after multi-year performance periods and Committee certification, which is standard governance practice to link executive compensation to measurable outcomes. The zero-dollar price indicates these are compensation awards rather than open-market purchases. For shareholders, the material point is continued alignment of executive incentives with company performance rather than an immediate change in share count or open-market transactions.

Compensation Analyst

TL;DR: Reported RSU accruals increase CEO’s potential long-term equity holdings and include dividend equivalents.

The filing specifies granular RSU quantities from the 2023 and 2024 performance grants and notes dividend equivalents credited as additional RSUs. Vesting is contingent on performance through year-end 2025 and 2026 and Committee certification, which preserves performance linkage and potential dilution until vesting. The reported "Amount Beneficially Owned Following" shows the aggregated RSU position for each grant, useful for modeling potential dilution if awards vest and convert to common shares.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Bratt Mikael

(Last) (First) (Middle)

C/O AUTOLIV, INC.

KLARABERGSVIADUKTEN 70, SECTION D5

(Street)

STOCKHOLM V7 SE-111 64

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
AUTOLIV INC [ ALV ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CEO

3. Date of Earliest Transaction (Month/Day/Year)
09/23/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Performance-Based Restricted Stock Units (2023 Grant)	(1)	09/23/2025		A(2)		69.1611		(3)	(3)	Common Stock	69.1611	$0	10,384.7392	D
Performance-Based Restricted Stock Units (2024 Grant)	(1)	09/23/2025		A(2)		24.9747		(4)	(4)	Common Stock	24.9747	$0	3,196.169	D

Explanation of Responses:

1. Each restricted stock unit (RSU) represents a contingent right to receive one share of ALV common stock.

2. 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.

3. 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, 2025 and the Leadership Development and Compensation Committee's certification of the level of achievement of the applicable performance objectives.

4. 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.

	Brian Kelly by POA from Mikael Bratt	09/24/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

Who filed the Form 4 for ALV and what is their role?

The Form 4 was filed by Mikael Bratt, who is listed as Director and President and CEO of Autoliv Inc.

What securities were acquired on the 09/23/2025 Form 4 for ALV?

The filing reports acquisition of performance-based restricted stock units (RSUs): 69.1611 RSUs from the 2023 grant and 24.9747 RSUs from the 2024 grant.

Do these RSUs convert to shares and when do they vest?

Each RSU represents a contingent right to one share of ALV common stock and vests, if earned, after the three one-year performance periods ending Dec 31, 2025 (2023 grant) and Dec 31, 2026 (2024 grant), subject to Committee certification.

Was any cash paid for the reported RSUs?

No. The reported price for the RSUs is $0, indicating they are compensation awards rather than purchases.

How many RSUs does the filing show as beneficially owned after the transaction?

The filing lists 10,384.7392 RSUs for the 2023 grant and 3,196.169 RSUs for the 2024 grant as beneficially owned following the reported transactions.