ALV Insider Filing: Hagstrom Receives Performance and Time-Based RSUs
Rhea-AI Filing Summary
Mikael Hagstrom, Vice President, Corporate Control at Autoliv Inc. (ALV), received multiple restricted stock unit awards that vest into common stock. On 09/23/2025 Hagstrom was credited with performance-based RSUs from the 2023 grant equal to 3.7274 shares (reflecting dividend equivalents) and from the 2024 grant equal to 1.2514 shares. He also received time-based RSUs of 1.2425 shares (vesting 02/15/2026), 0.9704 shares (vesting 02/20/2027) and 1.1695 shares (vesting 02/21/2028). After these awards his beneficial ownership totals for each grant are reported as 559.676, 160.1516, 186.5587, 145.7091 and 175.5985 shares respectively. The filing notes dividend equivalents accrue as additional RSUs and that the performance RSUs vest following certification after the applicable performance periods.
Positive
- Alignment of interests: Awarded performance-based and time-based RSUs link executive compensation to company performance and tenure.
- Transparent disclosure: Filing specifies exact fractional RSU amounts, vesting dates (02/15/2026, 02/20/2027, 02/21/2028) and certification conditions for performance awards.
- Dividend treatment disclosed: Dividend equivalents are accrued as additional RSUs per the award agreement, clarifying compensation mechanics.
Negative
- None.
Insights
TL;DR: Routine executive RSU accruals and performance vesting mechanics; aligns executive pay with shareholder outcomes.
The Form 4 documents award accruals and dividend-equivalent adjustments to restricted stock units for a named officer. These entries reflect compensation accounting processes rather than open-market trades and do not indicate purchase or sale activity. The performance-based RSUs depend on committee certification after multi-year performance periods, preserving pay-for-performance alignment. The amounts are fractional due to dividend-equivalent calculations; aggregate share counts reported post-award provide transparency on total beneficial holdings tied to each award pool.
TL;DR: Filing is a standard Section 16 disclosure for executive equity awards; timing and details comply with Form 4 requirements.
The Form 4 lists acquisition codes consistent with award accruals and indicates a power of attorney signature. It specifies exercisability/vesting dates for time-based RSUs and the certification requirement for performance-based RSUs. There is no cash transaction or option exercise disclosed. From a compliance perspective, the report provides required dates, ownership totals, and the nature of indirect ownership (none reported), satisfying transparency expectations under Section 16.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance-Based Restricted Stock Units (2023 Grant) | 3.727 | $0.00 | -- |
| Grant/Award | Performance-Based Restricted Stock Units (2024 Grant) | 1.251 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 1.243 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 0.97 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 1.17 | $0.00 | -- |
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, 2025 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, 2026 and the Leadership Development and Compensation Committee's certification of the level of achievement of the applicable performance objectives.
