Autoliv (ALV) VP receives performance-based RSUs and converts units to shares

Rhea-AI Filing Summary

Autoliv Inc. vice president of corporate control Mikael Hagstrom reported multiple equity awards and a share conversion. He acquired performance-based restricted stock units from 2023, 2024, and 2025 grants, plus an additional restricted stock unit award, with each RSU representing a contingent right to receive one share of common stock. A portion of the 2023, 2024, and 2025 performance-based RSUs was earned for the one-year performance period ending December 31, 2025, based on pre-determined goals tied to organic sales growth versus light vehicle production, earnings per share, and greenhouse gas emissions. One derivative transaction reflects the exercise and conversion of previously granted performance-based RSUs into 806 shares of common stock at no exercise price.

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Hagstrom 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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	VP, Corporate Control

3. Date of Earliest Transaction (Month/Day/Year)
02/19/2026

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
Common Stock	02/19/2026		M		806	A	$0	1,720	D

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)	$0(1)	02/19/2026		A		187.9127(3)		(6)	(6)	Common Stock	187.9127	$0	806.1454	D
Performance-Based Restricted Stock Units (2023 Grant)	$0(1)	02/19/2026		M			806.1454(2)	02/19/2026	02/19/2026	Common Stock	806.1454	$0	0	D
Performance-Based Restricted Stock Units (2024 Grant)	$0(1)	02/19/2026		A		189.329(4)		(7)	(7)	Common Stock	189.329	$0	350.4556	D
Performance-Based Restricted Stock Units (2025 Grant)	$0(1)	02/19/2026		A		229.4926(5)		(8)	(8)	Common Stock	229.4926	$0	229.4926	D
Restricted Stock Unit	$0(1)	02/19/2026		A		145		02/19/2029	02/19/2029	Common Stock	145	$0	145	D

Explanation of Responses:

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

2. Fractional RSUs are rounded down to the nearest whole number at vesting, the fractional amount is forfeited.

3. The performance-based RSUs granted in February 2023 are comprised of three separate one-year performance periods for each of calendar years 2023, 2024 and 2025. All PSUs will vest following 2025, to the extent earned and subject to the reporting person's continued employment. Reflects the PSUs that were earned over the third one-year performance period (January 1, 2025 - December 31, 2025) based on the level of achievement of pre-determined performance goals related to (i) Organic Sales Growth vs. Light Vehicle Production Growth (25%), (ii) Earnings Per Share (60%), and (iii) Greenhouse Gas Emissions (15%). The goals for (ii) and (iii) were achieved above the threshold level.

4. The performance-based RSUs granted in February 2024 are comprised of three separate one-year performance periods for each of calendar years 2024, 2025, and 2026. All PSUs will vest following 2026, to the extent earned and subject to the reporting person's continued employment. Reflects the PSUs that were earned over the second one-year performance period (January 1, 2025 - December 31, 2025) based on the level of achievement of pre-determined performance goals related to (i) Organic Sales Growth vs. Light Vehicle Production Growth (25%), (ii) Earnings Per Share (60%), and (iii) Greenhouse Gas Emissions (15%). The goals for (ii) and (iii) were achieved above the threshold level.

5. The performance-based RSUs granted in February 2025 are comprised of three separate one-year performance periods for each of calendar years 2025, 2026 and 2027. All PSUs will vest following 2027, to the extent earned and subject to the reporting person's continued employment. Reflects the PSUs that were earned over the first one-year performance period (January 1, 2025 - December 31, 2025) based on the level of achievement of pre-determined performance goals related to (i) Organic Sales Growth vs. Light Vehicle Production Growth (25%), (ii) Earnings Per Share (60%), and (iii) Greenhouse Gas Emissions (15%). The goals for (ii) and (iii) were achieved above the threshold level.

6. 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.

7. 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.

8. 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.

	Brian Kelly by POA from Mikael Hagstrom	02/23/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did Autoliv (ALV) executive Mikael Hagstrom report?

Mikael Hagstrom reported several equity awards and a conversion of performance-based restricted stock units into common stock. The filings include new RSU grants tied to 2023, 2024, and 2025 performance cycles and one transaction converting previously earned RSUs into 806 common shares.

What types of equity awards were granted to the Autoliv (ALV) executive?

The executive received performance-based restricted stock units from 2023, 2024, and 2025 grants and an additional restricted stock unit award. Each RSU represents a contingent right to receive one share of Autoliv common stock, subject to vesting conditions and performance and employment requirements.

How are Autoliv (ALV) performance-based RSUs earned and measured?

Performance-based RSUs are earned over separate one-year performance periods within multi-year cycles. Achievement is measured against goals for organic sales growth versus light vehicle production growth, earnings per share, and greenhouse gas emissions, with certain goals disclosed as achieved above the threshold level for the 2025 performance period.

When do the Autoliv (ALV) performance-based RSUs vest and convert to shares?

The performance-based RSUs, as adjusted if necessary, vest and convert to shares in one installment after completion of the third one-year performance period in each grant. This occurs following Leadership Development and Compensation Committee certification of performance for the cycles ending in 2025, 2026, and 2027, respectively.

What happened to previously granted Autoliv (ALV) performance-based RSUs in this filing?

Previously earned performance-based RSUs from a 2023 grant were exercised and converted into 806 shares of Autoliv common stock at an exercise price of zero. This reflects settlement of derivative securities into non-derivative common shares directly owned by the reporting person after vesting conditions were satisfied.

How are fractional restricted stock units treated in Autoliv (ALV) awards?

Fractional restricted stock units are rounded down to the nearest whole number at vesting. Any resulting fractional amounts are forfeited rather than converted into partial shares, so only whole RSUs ultimately convert into Autoliv common stock when vesting occurs under the award terms.