ALV Form 4: Lundgren Adds 11.5121 RSUs; Vesting by 2026 Meeting

Rhea-AI Filing Summary

Gustav Lundgren, a director of Autoliv Inc. (ALV), reported receipt of restricted stock units (RSUs). The Form 4 discloses a transaction dated 09/23/2025 in which 11.5121 RSUs were acquired as dividend equivalent accruals tied to an existing award; the RSUs have a reported price of $0. After this transaction, Lundgren beneficially owned 1,728.5767 shares (direct ownership).

The RSUs represent contingent rights to one share of ALV common stock each and will vest and convert to shares in one installment on the earlier of ALV's 2026 annual stockholder meeting or the one-year anniversary of May 8, 2025. The Form 4 is filed individually and was signed by Brian Kelly by power of attorney on 09/24/2025.

Positive

• Director received additional RSUs as dividend equivalents, increasing direct beneficial ownership to 1,728.5767 shares
• Vesting terms are explicit: conversion at the 2026 annual meeting or one-year anniversary of 05/08/2025

Negative

• None.

Insights

Financial Analyst

TL;DR: Routine insider equity accrual with no cash consideration; small share increase from dividend equivalents.

The filing records a non-cash accrual of 11.5121 RSUs for director Gustav Lundgren, added as dividend equivalents to an existing award, increasing direct beneficial ownership to 1,728.5767 shares. The RSUs carry a $0 transaction price and vest upon a corporate milestone or defined anniversary, indicating this is a compensation-related administrative event rather than a market-facing transaction. Impact on outstanding share count and dilution is likely immaterial at this scale absent larger awards disclosed elsewhere.

Corporate Governance Expert

TL;DR: Standard director compensation disclosure; vesting tied to common corporate triggers.

The disclosure clarifies that dividend equivalents are paid as additional RSUs and that vesting occurs on the earlier of the 2026 annual meeting or a one-year anniversary benchmark. Filing was executed by POA and submitted as an individual Form 4. This matches common governance practice for director equity awards and provides appropriate transparency on timing and conversion conditions for the grant.

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).

1. Name and Address of Reporting Person^*

LUNDGREN GUSTAV

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/23/2025

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

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
Restricted Stock Unit	(1)	09/23/2025		A(2)		11.5121		(3)	(3)	Common Stock	11.5121	$0	1,728.5767	D

Explanation of Responses:

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

2. 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.

3. 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.

	Brian Kelly by POA from Gustav Lundgren	09/24/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

What did Gustav Lundgren report on Form 4 for ALV?

He reported acquisition of 11.5121 restricted stock units (RSUs) as dividend equivalents on 09/23/2025, increasing direct beneficial ownership to 1,728.5767 shares.

Were the RSUs paid in cash or stock for ALV insider activity?

The RSUs were issued as dividend equivalents with a reported transaction price of $0, representing non-cash accruals convertible to shares.

When will the RSUs reported by ALV convert to common stock?

They vest and convert in one installment on the earlier of ALV's 2026 annual stockholder meeting or the one-year anniversary of May 8, 2025.

Who filed the Form 4 for Gustav Lundgren (ALV) and when was it signed?

The Form 4 was signed by Brian Kelly by power of attorney on 09/24/2025.

Does the Form 4 indicate a change in ownership type for ALV shares?

The filing shows direct (D) beneficial ownership following the reported RSU accrual; no indirect ownership was indicated.