Autoliv Inc (NYSE: ALV) officer gains additional RSUs via dividend equivalents
Rhea-AI Filing Summary
Autoliv Inc. reported that one of its officers, who serves as President of Autoliv China, acquired small additional awards of restricted stock units (RSUs) and performance-based RSUs on 12/10/2025. These derivative securities were credited as dividend equivalent rights, meaning cash dividends on existing awards generated extra RSUs at a price of $0 per unit. After these transactions, the officer directly beneficially owned 2,267.9865 performance-based RSUs from a 2023 grant and 645.6572 performance-based RSUs from a 2024 grant, along with several time-based RSU awards of 755.9955, 592.3461, and 716.7468 units tied to future vesting dates. Each RSU represents a contingent right to receive one share of Autoliv common stock, subject to vesting and, for performance-based units, achievement of performance objectives.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance-Based Restricted Stock Units (2023 Grant) | 16.342 | $0.00 | -- |
| Grant/Award | Performance-Based Restricted Stock Units (2024 Grant) | 4.652 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 5.447 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 4.268 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 5.165 | $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.