Autoliv (NYSE: ALV) China president granted RSUs and converts PSUs to shares

Rhea-AI Filing Summary

Autoliv President, Autoliv China, Yih Sng reported equity compensation changes on February 19, 2026. He received several grants of performance-based restricted stock units and 599 time-based RSUs, and exercised previously earned performance units into 3,241 shares of common stock, bringing his direct common share holdings to 12,500.

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

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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).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Yih Sng

(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)
	President, Autoliv China

3. Date of Earliest Transaction (Month/Day/Year)
02/19/2026

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
Common Stock	02/19/2026		M		3,241	A	$0	12,500	D

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)	$0(1)	02/19/2026		A		754.9093(3)		(6)	(6)	Common Stock	754.9093	$0	3,241.8195	D
Performance-Based Restricted Stock Units (2023 Grant)	$0(1)	02/19/2026		M			3,241.8195(2)	02/19/2026	02/19/2026	Common Stock	3,241.8195	$0	0	D
Performance-Based Restricted Stock Units (2024 Grant)	$0(1)	02/19/2026		A		764.1264(4)		(7)	(7)	Common Stock	764.1264	$0	1,409.7836	D
Performance-Based Restricted Stock Units (2025 Grant)	$0(1)	02/19/2026		A		925.9299(5)		(8)	(8)	Common Stock	925.9299	$0	925.9299	D
Restricted Stock Unit	$0(1)	02/19/2026		A		599		02/19/2029	02/19/2029	Common Stock	599	$0	599	D

Explanation of Responses:

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

2. Fractional RSUs are rounded down to the nearest whole number at vesting, the fractional amount is forfeited.

3. The performance-based RSUs granted in February 2023 are comprised of three separate one-year performance periods for each of calendar years 2023, 2024 and 2025. All PSUs will vest following 2025, to the extent earned and subject to the reporting person's continued employment. Reflects the PSUs that were earned over the third one-year performance period (January 1, 2025 - December 31, 2025) based on the level of achievement of pre-determined performance goals related to (i) Organic Sales Growth vs. Light Vehicle Production Growth (25%), (ii) Earnings Per Share (60%), and (iii) Greenhouse Gas Emissions (15%). The goals for (ii) and (iii) were achieved above the threshold level.

4. The performance-based RSUs granted in February 2024 are comprised of three separate one-year performance periods for each of calendar years 2024, 2025, and 2026. All PSUs will vest following 2026, to the extent earned and subject to the reporting person's continued employment. Reflects the PSUs that were earned over the second one-year performance period (January 1, 2025 - December 31, 2025) based on the level of achievement of pre-determined performance goals related to (i) Organic Sales Growth vs. Light Vehicle Production Growth (25%), (ii) Earnings Per Share (60%), and (iii) Greenhouse Gas Emissions (15%). The goals for (ii) and (iii) were achieved above the threshold level.

5. The performance-based RSUs granted in February 2025 are comprised of three separate one-year performance periods for each of calendar years 2025, 2026 and 2027. All PSUs will vest following 2027, to the extent earned and subject to the reporting person's continued employment. Reflects the PSUs that were earned over the first one-year performance period (January 1, 2025 - December 31, 2025) based on the level of achievement of pre-determined performance goals related to (i) Organic Sales Growth vs. Light Vehicle Production Growth (25%), (ii) Earnings Per Share (60%), and (iii) Greenhouse Gas Emissions (15%). The goals for (ii) and (iii) were achieved above the threshold level.

6. 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.

7. 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.

8. 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.

	Brian Kelly by POA from Sng Yih	02/23/2026
	** Signature of Reporting Person	Date
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FAQ

What did Autoliv (ALV) executive Yih Sng report in this Form 4 filing?

Yih Sng reported multiple equity awards and an exercise of performance-based units. He received new grants of performance-based restricted stock units and 599 restricted stock units, and converted previously earned performance units into common stock, increasing his directly held Autoliv shares to 12,500.

How many Autoliv common shares does Yih Sng own after these Form 4 transactions?

After these transactions, Yih Sng directly holds 12,500 Autoliv common shares. This reflects the conversion of 3,241 performance-based restricted stock units into common stock, in addition to his prior holdings, as disclosed in the non-derivative section of the Form 4 filing.

What types of equity awards did Autoliv grant to Yih Sng in this Form 4?

Autoliv granted Yih Sng performance-based restricted stock units from 2023, 2024, and 2025 grant programs and 599 time-based restricted stock units. Each unit represents a contingent right to one Autoliv common share, subject to vesting conditions and performance goals described in the footnotes.

How are Autoliv performance-based RSUs earned in Yih Sng’s Form 4 filing?

The performance-based RSUs are earned over separate one-year performance periods based on goals for organic sales growth versus light vehicle production, earnings per share, and greenhouse gas emissions. Footnotes state goals related to earnings per share and greenhouse gas emissions were achieved above the threshold level.

When do Yih Sng’s Autoliv performance-based RSUs vest according to this filing?

The performance-based RSUs from the 2023, 2024, and 2025 grants vest in a single installment after the third one-year performance period for each program. Vesting follows committee certification of performance achievement and requires Yih Sng’s continued employment through those respective vesting dates.