Autoliv (NYSE: ALV) CFO exercises RSUs into 846 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Autoliv Inc. executive Fredrik Westin, EVP Finance and CFO, exercised restricted stock units into common shares. On February 15, 2026, RSUs covering 846.1501 units were converted at an exercise price of $0, resulting in the acquisition of 846 shares of Autoliv common stock. After this derivative conversion, Westin directly beneficially owned 8,107 shares of Autoliv common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
846.15 shares exercised/converted
Mixed
2 txns
Insider
Westin Fredrik
Role
EVP Finance and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 846.15 | $0.00 | -- |
| Exercise | Common Stock | 846 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct);
Common Stock — 8,107 shares (Direct)
Footnotes (1)
- Each RSU represents a contingent right to receive one share of ALV common stock. Fractional RSUs are rounded down to the nearest whole number at vesting, the fractional amount is forfeited.
FAQ
What insider transaction did Autoliv (ALV) report for Fredrik Westin?
Autoliv reported that EVP Finance and CFO Fredrik Westin exercised restricted stock units into common shares. On February 15, 2026, RSUs covering 846.1501 units were converted, resulting in 846 Autoliv common shares being acquired at an exercise price of $0.
Was the Autoliv (ALV) insider transaction an open-market purchase or a derivative exercise?
The transaction was a derivative exercise, not an open-market purchase. The Form 4 lists transaction code “M,” indicating exercise or conversion of derivative securities, where restricted stock units were converted into 846 shares of Autoliv common stock at an exercise price of $0.
What do the restricted stock unit (RSU) footnotes in the Autoliv (ALV) filing explain?
The footnotes explain that each RSU represents a contingent right to receive one share of Autoliv common stock. They also state that fractional RSUs are rounded down to the nearest whole share at vesting, with any remaining fractional amount forfeited rather than issued.
How are fractional restricted stock units handled in Autoliv (ALV) equity awards?
Fractional RSUs are not issued as partial shares. The filing notes that at vesting, fractional restricted stock units are rounded down to the nearest whole number, and any fractional remainder is forfeited instead of being converted into common stock.