Autoliv (ALV) director Laurie Brlas receives additional RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Autoliv Inc. director Laurie Brlas reported an acquisition of additional restricted stock units (RSUs) tied to Autoliv common stock. The filing shows a grant of 9.5325 RSUs on June 8, 2026, reflecting dividend equivalent rights that accumulate as extra RSUs when cash dividends are paid.
Each RSU represents a contingent right to receive one share of Autoliv common stock, and Brlas now holds a total of 1,414.5325 RSUs following this grant. The RSUs are scheduled to vest and convert into shares in a single installment on the earlier of the company’s 2027 annual stockholder meeting or the one-year anniversary of May 7, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BRLAS LAURIE
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 9.533 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 1,414.533 shares (Direct, null)
Footnotes (1)
- Each 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 2027 annual stockholder meeting, or (b) the one-year anniversary of May 7, 2026.
Key Figures
RSUs granted: 9.5325 RSUs
Total RSUs after transaction: 1,414.5325 RSUs
Exercise price: $0.0000 per RSU
+2 more
5 metrics
RSUs granted
9.5325 RSUs
Grant/award acquisition on June 8, 2026
Total RSUs after transaction
1,414.5325 RSUs
Holdings following the June 8, 2026 grant
Exercise price
$0.0000 per RSU
Restricted stock unit award with no cash exercise price
Underlying shares
9.5325 shares
Each RSU represents one share of common stock
Vesting trigger
2027 meeting / May 7, 2027
Vests at 2027 annual stockholder meeting or one year after May 7, 2026
Key Terms
Restricted Stock Unit, dividend equivalent rights, vesting schedule, contingent right
4 terms
Restricted Stock Unit financial
"security_title: Restricted Stock Unit"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
dividend equivalent rights financial
"Dividend equivalent rights accrued in the form of additional RSUs."
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
vesting schedule financial
"yield additional RSUs subject to the same vesting schedule as the underlying RSUs."
A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.
contingent right financial
"Each RSU represents a contingent right to receive one share of ALV common stock."
FAQ
What insider transaction did Autoliv (ALV) director Laurie Brlas report?
Autoliv director Laurie Brlas reported receiving 9.5325 restricted stock units (RSUs) as a grant. These units arose from dividend equivalent rights and increase her total RSU holdings to 1,414.5325, all linked to Autoliv common stock.
How many Autoliv (ALV) RSUs does Laurie Brlas hold after this Form 4?
After the reported grant, Laurie Brlas holds 1,414.5325 restricted stock units in Autoliv. Each RSU represents a contingent right to receive one share of Autoliv common stock upon vesting, consolidating her equity-based compensation position.
What is the size of the new Autoliv (ALV) RSU grant to Laurie Brlas?
The new grant to Laurie Brlas totals 9.5325 restricted stock units. These RSUs stem from dividend equivalent rights that convert cash dividends into additional units, following the same vesting schedule as the underlying RSU award.
When do Laurie Brlas’s new Autoliv (ALV) RSUs vest?
The RSUs vest and convert to shares in one installment on the earlier of Autoliv’s 2027 annual stockholder meeting or the one-year anniversary of May 7, 2026. Vesting must occur before shares are actually delivered to Brlas.
What does each Autoliv (ALV) RSU reported by Laurie Brlas represent?
Each RSU reported by Laurie Brlas represents a contingent right to receive one share of Autoliv common stock. Actual shares are issued only upon vesting and conversion, aligning director compensation with future company performance and service conditions.