ALV Form 4: Christian Swahn Receives Performance and Time-Based RSUs
Rhea-AI Filing Summary
Christian Swahn, Executive Vice President, Supply Chain at Autoliv Inc. (ALV), reported acquisitions of restricted stock units on 09/23/2025. The Form 4 shows performance-based RSUs from the 2023 grant for 11.0959 underlying shares (bringing total to 1,666.0874 shares) and from the 2024 grant for 3.7096 underlying shares (total 474.7352). Several time-based RSUs were also credited: 3.6986 (vests 02/15/2026; total 555.3625), 2.8973 (vests 02/20/2027; total 435.0309), and 3.2772 (vests 02/21/2028; total 492.0841). Dividend equivalents were credited as additional RSUs and performance RSUs vest only after completion of specified one-year performance periods and committee certification.
Positive
- Equity compensation aligns the EVP's incentives with shareholder performance via performance-based RSUs
- Clear vesting schedule disclosed for time-based RSUs (02/15/2026, 02/20/2027, 02/21/2028)
- Dividend equivalents credited as additional RSUs per award terms
Negative
- None.
Insights
TL;DR: Routine equity-based compensation grants to a senior executive; performance RSUs carry multi-year vesting and committee certification.
The Form 4 documents additional restricted stock units granted to the EVP of Supply Chain, reflecting both performance-based and time-based awards. Performance-based RSUs convert after multi-year performance periods subject to certification, which ties pay to achievement metrics. Time-based RSUs have clear vesting dates in 2026–2028. These are standard practices for executive incentives and align management with shareholder outcomes, while increasing outstanding share-based obligations modestly.
TL;DR: Disclosure is complete for the reported awards and follows Section 16 reporting requirements; no governance red flags appear.
The filing identifies the reporting person, relationship (EVP), transaction dates, and detailed RSU treatment including dividend equivalents and vesting/ certification mechanics for performance awards. The use of dividend-equivalent RSUs and committee certification is disclosed explicitly. This is a routine insider reporting event and does not indicate material corporate governance concerns from the provided data.