Autoliv (ALV) China president granted new RSU and performance-based RSU awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Yih Sng reported acquisition or exercise transactions in this Form 4 filing.
Autoliv Inc. executive Yih Sng, President of Autoliv China, received several small equity awards in the form of restricted stock units on June 8, 2026. Each RSU represents a contingent right to one share of Autoliv common stock. Some awards are performance-based RSUs that vest in a single installment after three one-year performance periods ending on December 31, 2026 and December 31, 2027, subject to committee certification. These are compensation grants rather than open-market share purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Yih Sng
Role
President, Autoliv China
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance-Based Restricted Stock Units (2024 Grant) | 9.647 | $0.00 | -- |
| Grant/Award | Performance-Based Restricted Stock Units (2025 Grant) | 6.336 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 4.053 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 4.905 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 4.099 | $0.00 | -- |
Holdings After Transaction:
Performance-Based Restricted Stock Units (2024 Grant) — 1,431.486 shares (Direct, null);
Performance-Based Restricted Stock Units (2025 Grant) — 940.184 shares (Direct, null);
Restricted Stock Unit — 601.465 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit (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 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. 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, 2027 and the Leadership Development and Compensation Committee's certification of the level of achievement of the applicable performance objectives.
Key Figures
Time-based RSU grant 1: 4.0988 RSUs
Time-based RSU grant 2: 4.9045 RSUs
Time-based RSU grant 3: 4.0532 RSUs
+4 more
7 metrics
Time-based RSU grant 1
4.0988 RSUs
Granted on June 8, 2026; each RSU equals one share
Time-based RSU grant 2
4.9045 RSUs
Granted on June 8, 2026; each RSU equals one share
Time-based RSU grant 3
4.0532 RSUs
Granted on June 8, 2026; each RSU equals one share
Performance RSU 2025 grant
6.3359 RSUs
Performance-based RSUs referenced as 2025 grant
Performance RSU 2024 grant
9.6467 RSUs
Performance-based RSUs referenced as 2024 grant
Performance period end 1
December 31, 2026
End of third performance period for one performance-based RSU grant
Performance period end 2
December 31, 2027
End of third performance period for another performance-based RSU grant
Key Terms
Restricted Stock Unit, Performance-Based Restricted Stock Units, dividend equivalent rights, Leadership Development and Compensation Committee
4 terms
Restricted Stock Unit financial
"Each restricted stock unit (RSU) represents a contingent right to receive one share of ALV common stock."
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.
Performance-Based Restricted Stock Units financial
"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."
Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.
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.
Leadership Development and Compensation Committee financial
"the Leadership Development and Compensation Committee's certification of the level of achievement of the applicable performance objectives."