Autoliv director granted additional RSU award
Autoliv Inc. director Leif Johansson received a grant of 14.8887 restricted stock units (RSUs), each representing one share of Autoliv common stock.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 14.8887 | $0.00 | $0.00 |
Footnotes (3)
- F1. Each restricted stock unit (RSU) represents a contingent right to receive one share of ALV common stock.
- F2. 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.
- F3. 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?
How many Autoliv (ALV) restricted stock units does Leif Johansson hold after this filing?
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Why did Autoliv (ALV) grant 14.8887 additional RSUs to Leif Johansson?
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