ALV Insider Filing: Anthony Nellis Reports Multiple RSU Awards

Rhea-AI Filing Summary

Anthony J. Nellis, EVP Legal and General Counsel of Autoliv, Inc. (ALV), reported awards of restricted stock units on 09/23/2025. The Form 4 shows multiple grants and dividend-equivalent accruals: performance-based RSUs from the 2023 grant and 2024 grant, and several time-based restricted stock unit tranches with stated vesting dates in 2026, 2027 and 2028. The filing lists the number of shares underlying each award following the reported transactions, including 1,979.8942, 897.9931, 659.9647, 822.8897, 1,035.2143 and 4,985.1098 shares. Dividend equivalents were credited as additional RSUs and performance awards vest only after committee certification of results.

Positive

• Clear disclosure of multiple RSU awards and post-transaction beneficial ownership amounts on 09/23/2025
• Performance-based awards require committee certification, aligning pay with measurable objectives
• Dividend equivalents are credited as additional RSUs and follow the same vesting schedules

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: Routine executive equity awards were reported; disclosure is standard and clarifies vesting and post-transaction holdings.

The Form 4 documents grants of both performance-based and time-based restricted stock units to the companys EVP Legal and General Counsel on 09/23/2025, with explicit vesting dates and committee certification conditions for performance awards. The filing includes the number of shares underlying each award after the transactions and notes that dividend equivalents accrue as additional RSUs subject to the same vesting schedules. From a governance perspective, the disclosure follows Section 16 requirements and provides transparent information about the nature and timing of equity compensation for a named executive.

Compensation Analyst

TL;DR: Multiple RSU tranches and performance awards were added to the reporting person's holdings; vesting schedules are multi-year and include performance certification.

The reported awards include performance-based RSUs tied to three one-year performance periods ending 12/31/2025 and 12/31/2026, plus time-based RSU tranches vesting in February 2026, February 2027, February 2028 and May 2028. Dividend equivalents are credited as additional RSUs per the award agreements. The Form 4 quantifies the post-transaction beneficial ownership for each award tranche, allowing analysts to track potential future share delivery timing and the executives alignment with long-term performance and retention metrics.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Nellis Anthony J

(Last) (First) (Middle)

C/O AUTOLIV, INC.

KLARABERGSVIADUKTEN 70, SECTION D5

(Street)

STOCKHOLM V7 SE-111 64

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
AUTOLIV INC [ ALV ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP Legal and General Counsel

3. Date of Earliest Transaction (Month/Day/Year)
09/23/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Performance-Based Restricted Stock Units (2023 Grant)	(1)	09/23/2025		A(2)		13.1859		(3)	(3)	Common Stock	13.1859	$0	1,979.8942	D
Performance-Based Restricted Stock Units (2024 Grant)	(1)	09/23/2025		A(2)		7.0169		(4)	(4)	Common Stock	7.0169	$0	897.9931	D
Restricted Stock Unit	(1)	09/23/2025		A(2)		4.3953		02/15/2026	02/15/2026	Common Stock	4.3953	$0	659.9647	D
Restricted Stock Unit	(1)	09/23/2025		A(2)		5.4803		02/20/2027	02/20/2027	Common Stock	5.4803	$0	822.8897	D
Restricted Stock Unit	(1)	09/23/2025		A(2)		6.8944		02/21/2028	02/21/2028	Common Stock	6.8944	$0	1,035.2143	D
Restricted Stock Unit	(1)	09/23/2025		A(2)		33.2002		05/15/2028	05/15/2028	Common Stock	33.2002	$0	4,985.1098	D

Explanation of Responses:

1. Each restricted stock unit (RSU) represents a contingent right to receive one share of ALV common stock.

2. 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.

3. The performance-based RSUs, as adjusted if necessary, vest and convert to shares in one installment after the completion of the third one-year performance period ending December 31, 2025 and the Leadership Development and Compensation Committee's certification of the level of achievement of the applicable performance objectives.

4. The performance-based RSUs, as adjusted if necessary, vest and convert to shares in one installment after the completion of the third one-year performance period ending December 31, 2026 and the Leadership Development and Compensation Committee's certification of the level of achievement of the applicable performance objectives.

	Brian Kelly by POA from Anthony Nellis	09/24/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What transactions did Anthony Nellis report on Form 4 for ALV?

He reported grants of performance-based and time-based restricted stock units (RSUs) on 09/23/2025.

When do the reported RSUs vest?

Performance RSUs vest after three one-year performance periods ending 12/31/2025 or 12/31/2026 upon committee certification; time-based RSU tranches show vesting dates of 02/15/2026, 02/20/2027, 02/21/2028 and 05/15/2028.

How many shares are shown as beneficially owned following the reported transactions?

Post-transaction beneficial ownership amounts listed include 1,979.8942; 897.9931; 659.9647; 822.8897; 1,035.2143; and 4,985.1098 shares for the respective awards.

Were any cash prices paid for the derivative awards reported?

No cash price was reported; the Form 4 shows $0 in the price fields for the listed awards.

Who signed the Form 4 and when?

Brian Kelly, by power of attorney for Anthony Nellis, signed the form on 09/24/2025.