Autoliv (ALV) Asia president receives new time- and performance-based RSUs
Rhea-AI Filing Summary
Autoliv Inc. reported that Colin Naughton, President, Autoliv Asia, received several equity awards in the form of restricted stock units on June 8, 2026. These grants include time-based RSUs and performance-based RSUs, each representing a contingent right to one share of ALV common stock.
New awards include RSU grants of 21.8693, 4.0988, 4.9045, and 4.0532 units, plus performance-based RSU grants of 6.3359 (2025 grant) and 9.6467 (2024 grant). Dividend equivalent rights also accrued as additional RSUs, following cash dividends paid before vesting.
The performance-based RSUs will vest and convert to shares in one installment after the completion of three one-year performance periods ending December 31, 2026 and December 31, 2027, subject to the Leadership Development and Compensation Committee certifying achievement of performance objectives. No open-market purchases or sales were reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance-Based Restricted Stock Units (2024 Grant) | 9.647 | $0.00 | -- |
| Grant/Award | Performance-Based Restricted Stock Units (2025 Grant) | 6.336 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 4.053 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 4.905 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 4.099 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 21.869 | $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.