Autoliv (ALV) director Frederic Lissalde receives new RSU grant
Rhea-AI Filing Summary
Autoliv director Frederic Lissalde received a new stock-based award. He was granted 14.8887 restricted stock units (RSUs), each representing a contingent right to one share of Autoliv common stock. Following this grant, he holds a total of 1,756.0112 RSUs directly.
The RSUs, including dividend-equivalent RSUs that accrue as additional units, vest in a single installment. Vesting and conversion to shares will occur on the earlier of Autoliv’s 2026 annual stockholder meeting or the one-year anniversary of May 8, 2025.
Positive
- None.
Negative
- None.
Insights
Routine RSU grant to Autoliv director with standard vesting terms.
Director Frederic Lissalde received 14.8887 restricted stock units, bringing his total RSU holdings to 1,756.0112. The grant is recorded at a price of 0.0000 per unit, signaling a typical equity compensation award rather than a market purchase.
The award includes dividend equivalents that accrue as additional RSUs, following the same vesting schedule. All RSUs vest and convert in one installment on the earlier of the 2026 annual meeting or the one-year anniversary of May 8, 2025. This looks like standard director compensation with no clear directional signal on the stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 14.889 | $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 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.