Autoliv (ALV) CFO granted new restricted and performance-based stock units
Rhea-AI Filing Summary
Autoliv Inc. executive vice president and CFO Fredrik Westin reported new equity compensation awards in the form of restricted stock units and performance-based restricted stock units tied to Autoliv common stock. All five transactions on March 19, 2026 are awards coded as acquisitions rather than market purchases or sales.
The filing shows performance-based RSU grants labeled as 2024 and 2025 grants, each representing a right to receive an equal number of common shares if conditions are met. According to the disclosures, these performance-based RSUs vest in a single installment after three one-year performance periods ending on December 31, 2026 and December 31, 2027, respectively, following committee certification of results.
Additional time-based RSU awards are scheduled to vest and convert into shares on February 20, 2027, February 20, 2028, and May 15, 2028. Footnotes state that dividend equivalents accrue as additional RSUs subject to the same vesting schedule, so the number of units can increase if cash dividends are paid before vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance-Based Restricted Stock Units (2024 Grant) | 14.462 | $0.00 | -- |
| Grant/Award | Performance-Based Restricted Stock Units (2025 Grant) | 8.916 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 6.077 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 6.912 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 42.938 | $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.