[Form 4] AUTOLIV INC Insider Trading Activity
Autoliv Inc. director Franz-Josef Kortuem received a small equity award in the form of restricted stock units (RSUs).
Rhea-AI Filing Summary
Autoliv Inc. director Franz-Josef Kortuem received a small equity award in the form of restricted stock units (RSUs). On the reported date, he acquired 14.8887 RSUs linked to Autoliv common stock, bringing his total RSU holdings to 1756.0112 units. Each RSU represents a contingent right to receive one share of Autoliv common stock.
The award includes dividend equivalent rights, meaning cash dividends declared after the grant date and paid before vesting generate additional RSUs on the same vesting schedule. All these RSUs vest and convert into shares in a single installment on the earlier of Autoliv’s 2026 annual stockholder meeting or the one-year anniversary of May 8, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 14.8887 | $0.00 | $0.00 |
Footnotes (3)
- F1. Each restricted stock unit (RSU) represents a contingent right to receive one share of ALV common stock.
- F2. 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.
- F3. The RSUs vest and convert to shares in one installment on the earlier of (a) the date of ALV's 2026 annual stockholder meeting, or (b) the one-year anniversary of May 8, 2025.
FAQ
What did Autoliv (ALV) director Franz-Josef Kortuem report in this Form 4?
How many restricted stock units did Kortuem receive from Autoliv (ALV)?
What do the Autoliv (ALV) RSU footnotes say about dividend equivalents?
What does each Autoliv (ALV) restricted stock unit represent for Kortuem?
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