Autoliv (NYSE: ALV) files Form 4 on RSU dividend equivalents for VP
Rhea-AI Filing Summary
Autoliv Inc. reported an equity award update for officer Mikael Hagstrom, VP, Corporate Control. On 12/10/2025, he received small additional restricted stock units (RSUs) tied to existing awards, including performance-based RSUs from 2023 and 2024 grants and time-based RSUs. These additions reflect dividend equivalent rights, where cash dividends paid on Autoliv common stock generate extra RSUs instead of cash.
The performance-based RSUs vest in a single installment after the third one-year performance periods ending December 31, 2025 and December 31, 2026, subject to the Leadership Development and Compensation Committee certifying performance. The time-based RSUs are scheduled to vest on 02/15/2026, 02/20/2027, and 02/20/2028, each representing the right to receive one share of Autoliv common stock upon vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance-Based Restricted Stock Units (2023 Grant) | 4.062 | $0.00 | -- |
| Grant/Award | Performance-Based Restricted Stock Units (2024 Grant) | 1.161 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 1.354 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 1.058 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 1.275 | $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, 2025 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, 2026 and the Leadership Development and Compensation Committee's certification of the level of achievement of the applicable performance objectives.