Autoliv (NYSE: ALV) EVP Anthony Nellis reports new RSU and PRSU awards
Rhea-AI Filing Summary
Autoliv Inc. executive Anthony Nellis, EVP Legal and General Counsel, reported changes in his equity holdings through a Form 4. On December 10, 2025, he received small additional amounts of performance-based restricted stock units (RSUs) from 2023 and 2024 grants and several time-based RSU awards, all at a price of $0 per unit.
The additional units, such as 14.3698 and 6.5099 performance-based RSUs and several smaller time-based RSU increments, reflect dividend equivalent rights that accrue as extra RSUs instead of cash. Each RSU represents a contingent right to receive one share of Autoliv common stock.
The performance-based RSUs vest and convert to shares in a single installment after three one-year performance periods ending December 31, 2025 and December 31, 2026, once the Leadership Development and Compensation Committee certifies achievement of the performance objectives. The time-based RSUs have specific vesting dates in 2026–2028, at which point they are scheduled to convert into common shares if vesting conditions are met.
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FAQ
What insider transaction did Autoliv (ALV) report for Anthony Nellis?
The filing shows Anthony Nellis, Autoliv's EVP Legal and General Counsel, received small additional amounts of restricted stock units and performance-based RSUs on December 10, 2025, all at a price of $0 per unit.
What type of securities did the Autoliv (ALV) Form 4 disclose?
The Form 4 discloses multiple restricted stock units (RSUs) and performance-based restricted stock units that each represent a contingent right to receive one share of Autoliv common stock.
Why did Anthony Nellis receive additional RSUs in this Autoliv (ALV) filing?
The additional RSUs arose from dividend equivalent rights, where cash dividends on underlying RSUs are credited as extra RSUs that follow the same vesting schedule as the original awards.
How do the performance-based RSUs in the Autoliv (ALV) Form 4 vest?
The filing states that performance-based RSUs vest and convert to shares in one installment after completing three one-year performance periods ending December 31, 2025 and December 31, 2026, following committee certification of performance.
What are the vesting dates for the time-based RSUs reported for Autoliv (ALV)?
The time-based RSUs in the filing have vesting and expiration dates on February 15, 2026, February 20, 2027, February 20, 2028, and May 15, 2028, when they are scheduled to convert into Autoliv common stock if conditions are met.
Does the Autoliv (ALV) Form 4 involve any cash transactions?
No cash changed hands for these awards; the RSUs and performance-based RSUs reported were acquired at a price of $0 per unit, reflecting equity compensation and dividend equivalents.