ALV Form 4: Director Jan Carlson Reports 17.889 RSU Award

Rhea-AI Filing Summary

Jan Carlson, a director of Autoliv Inc. (ALV), acquired 17.889 restricted stock units (RSUs) on 09/23/2025. Each RSU represents a contingent right to one share of ALV common stock and the award includes dividend equivalent rights that accrue as additional RSUs. The report shows 2,686.0825 shares beneficially owned by Carlson following the transaction. The RSUs vest and convert to shares in one installment on the earlier of Autoliv's 2026 annual stockholder meeting or the one-year anniversary of May 8, 2025. The RSU grant was reported by Brian Kelly by power of attorney on 09/24/2025.

Positive

• Director alignment: Grant increases direct beneficial ownership, aligning the director with shareholder interests
• Dividend equivalent rights: Cash dividends convert to additional RSUs, preserving economic value
• Clear vesting terms: Vesting converts to shares on the earlier of the 2026 annual meeting or one-year anniversary

Negative

• None.

Insights

Financial Analyst

TL;DR: A routine director equity award: small RSU grant with dividend equivalents and standard vesting tied to next annual meeting or one-year anniversary.

The filing documents a modest grant of 17.889 RSUs to Director Jan Carlson, increasing direct beneficial ownership to 2,686.0825 shares. The award includes dividend equivalent accruals that convert to additional RSUs subject to the same vesting schedule, preserving economic parity with cash dividend treatment. Vesting in one installment on the earlier of the 2026 shareholder meeting or the May 8, 2026 one-year anniversary is straightforward and typical for director compensation. There are no reported dispositions, cash consideration, or derivative instruments in this filing.

Corporate Governance Expert

TL;DR: Governance-wise this is a standard equity-based director grant with alignment through share ownership and dividend-equivalent treatment.

The Form 4 indicates a director-level equity award aimed at aligning management and shareholder interests. The inclusion of dividend equivalent rights that convert into additional RSUs maintains the grant's value through dividend payments. The single-installment vesting tied to a shareholder meeting or one-year anniversary is consistent with common governance practices for non-employee director awards. No unusual accelerations, transfers, or indirect holdings are disclosed.

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^*

Carlson Jan

(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)		17.889		(3)	(3)	Common Stock	17.889	$0	2,686.0825	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 Jan Carlson	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).
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FAQ

Who filed the Form 4 for Autoliv Inc. (ALV)?

The filing reports transactions for Jan Carlson, filed via signature by Brian Kelly by POA on 09/24/2025.

What security was acquired in the Form 4 for ALV?

The reporting person acquired 17.889 restricted stock units (RSUs), each representing a contingent right to one share of ALV common stock.

How many shares does Jan Carlson beneficially own after the reported transaction?

The Form 4 shows 2,686.0825 shares beneficially owned following the reported transaction.

When do the RSUs vest and convert to shares?

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

Do the RSUs include dividend treatment?

Yes. 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.