Autoliv (ALV) director Leif Johansson receives additional RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Autoliv Inc. director Leif Johansson received a grant of 14.8887 restricted stock units (RSUs), each representing one share of Autoliv common stock. This award arose as dividend equivalent rights, meaning cash dividends on underlying RSUs generated additional RSUs instead of cash payments.
After this grant, Johansson holds a total of 1,756.0112 RSUs directly. The RSUs vest in a single installment on the earlier of Autoliv's 2026 annual stockholder meeting or the one-year anniversary of May 8, 2025, at which point they convert into common shares if vesting conditions are met.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
JOHANSSON LEIF
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 14.889 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 1,756.011 shares (Direct)
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 RSUs vest and convert to shares in one installment on the earlier of (a) the date of ALV's 2026 annual stockholder meeting, or (b) the one-year anniversary of May 8, 2025.
FAQ
What insider transaction did Autoliv (ALV) director Leif Johansson report?
Leif Johansson reported receiving 14.8887 restricted stock units in Autoliv. These RSUs were granted as dividend equivalents on existing awards and increase his total RSU holdings to 1,756.0112, all of which may convert into common shares once vesting conditions are satisfied.
How many Autoliv (ALV) restricted stock units does Leif Johansson hold after this filing?
After the reported grant, Leif Johansson holds 1,756.0112 restricted stock units in Autoliv. Each RSU represents a contingent right to receive one share of common stock, subject to the plan’s vesting terms and the specified timing conditions described in the award documentation.
What does each Autoliv (ALV) restricted stock unit represent in this Form 4?
Each restricted stock unit represents a contingent right to receive one share of Autoliv common stock. The units do not deliver shares immediately; instead, they convert into common stock only when the vesting schedule and other conditions set out in the award are met.
Why did Autoliv (ALV) grant 14.8887 additional RSUs to Leif Johansson?
The 14.8887 additional RSUs reflect dividend equivalent rights on existing RSU awards. Under the award agreement, cash dividends declared with applicable record dates are credited as additional RSUs, which follow the same vesting schedule as the underlying restricted stock units already held.