ALV Form 4: Thaddeus Senko receives RSUs equivalent to 1,728.5767 shares
Rhea-AI Filing Summary
Thaddeus Senko, a director of Autoliv Inc. (ALV), was granted restricted stock units (RSUs) on 09/23/2025 that represent a contingent right to receive common stock. The filing reports acquisition of RSUs with an aggregate underlying amount of 1,728.5767 shares, at a reported price of $0. Dividend equivalents accrue as additional RSUs under the same vesting schedule. The RSUs will vest and convert into shares in one installment on the earlier of Autoliv's 2026 annual meeting or the one‑year anniversary of May 8, 2025.
Positive
- RSU grant documented: The filing clearly reports the equity award and its terms, supporting transparency.
- Dividend equivalents included: Cash dividends on the award are credited as additional RSUs subject to the same vesting schedule.
Negative
- None.
Insights
TL;DR: Director received RSUs equivalent to 1,728.5767 shares, increasing his direct ownership stake through a zero‑cost grant.
The Form 4 documents a standard equity compensation grant: restricted stock units granted on 09/23/2025 that will convert to common stock in one installment upon specified vesting events. The filing reports 1,728.5767 shares underlying the RSUs and indicates dividend equivalents accrue as additional RSUs. Because the reported price is $0, this is a typical service‑based equity award rather than an open‑market purchase. For investors, this is a disclosure of insider compensation and potential future share issuance when RSUs vest.
TL;DR: This is a routine director equity grant with standard dividend equivalent treatment and time/meeting‑based vesting.
The disclosure specifies vesting will occur upon the earlier of the 2026 annual meeting or one year after May 8, 2025, which are clear, time‑bound vesting triggers. Dividend equivalents are converted into additional RSUs and subject to the same vesting schedule, as stated in the award agreement. The Form 4 is signed by a POA and properly reports the change in beneficial ownership, meeting Section 16 reporting requirements.
FAQ
What did Thaddeus Senko report on the Form 4 for ALV?
When will the RSUs reported for ALV vest and convert to shares?
Do the RSUs include dividend equivalents for ALV?
How many shares does the Form 4 show as beneficially owned following the transaction?
Was the Form 4 filed individually or jointly?