Autoliv (NYSE: ALV) EVP Operations reports additional RSU and performance grants
Rhea-AI Filing Summary
Autoliv Inc.'s Executive Vice President of Operations reported routine equity-based awards in the form of restricted stock units (RSUs) tied to Autoliv common stock. On 12/10/2025, additional RSUs were credited as dividend equivalent rights on existing awards, meaning cash dividends on Autoliv shares generated small incremental RSUs instead of cash.
The filing lists performance-based RSUs from 2023 and 2024 grants and time-based RSUs, all with a conversion rate of one RSU for one share of common stock. These performance-based RSUs vest in a single installment after three one-year performance periods ending on December 31, 2025 and December 31, 2026, subject to the Leadership Development and Compensation Committee certifying achievement of performance objectives. All reported RSUs are held directly by the executive and represent potential future shares rather than immediate stock sales.
Positive
- None.
Negative
- None.
FAQ
What did Autoliv (ALV) disclose in this Form 4 filing?
The filing reports that Autoliv's Executive Vice President of Operations received additional restricted stock units (RSUs) on 12/10/2025, primarily as dividend equivalent rights added to existing RSU awards tied to Autoliv common stock.
Who is the reporting person in the Autoliv (ALV) Form 4?
The reporting person is an officer of Autoliv Inc. serving as EVP, Operations. The form is filed as a single reporting person filing.
What type of securities are reported in this Autoliv (ALV) insider transaction?
The transactions involve derivative securities in the form of restricted stock units (RSUs) and performance-based restricted stock units, each representing a contingent right to receive one share of Autoliv common stock.
How do the dividend equivalent RSUs work for Autoliv (ALV)?
Dividend equivalent rights accrue as additional RSUs when cash dividends are paid on Autoliv shares with a record date on or after the grant date and before vesting, and these additional RSUs follow the same vesting schedule as the related underlying RSUs.
When do the performance-based RSUs in this Autoliv (ALV) filing vest?
The performance-based RSUs from the 2023 grant vest and convert to shares in one installment after completion of the third one-year performance period ending December 31, 2025, and those from the 2024 grant after the period ending December 31, 2026, in each case after the committee certifies performance results.
Does this Autoliv (ALV) Form 4 indicate any stock sales by the executive?
The reported transactions reflect acquisitions of RSUs and performance-based RSUs, with the awards shown as directly owned. The table entries use transaction code A for acquired securities, and there is no indication of common stock disposals in the excerpt.