Autoliv (ALV) CFO granted new performance RSUs and converts units to shares

Rhea-AI Filing Summary

Autoliv Inc EVP Finance and CFO Fredrik Westin reported equity award activity involving performance-based restricted stock units and common shares. On February 19, 2026, he received grants of 846.1501 performance-based RSUs from the 2023 program, 916.6793 RSUs from the 2024 program, and 1042.6660 RSUs from the 2025 program, each at a price of $0.0000 per unit.

He also exercised 3629.9841 performance-based RSUs from the 2023 grant, which converted into 3629 shares of Autoliv common stock at a price of $0.0000 per share, bringing his directly held common stock to 11,736 shares after the transaction. The footnotes explain that these performance-based RSUs vest over three separate one-year performance periods tied to organic sales growth versus light vehicle production growth, earnings per share, and greenhouse gas emissions, with certain goals for earnings per share and greenhouse gas emissions achieved above threshold for the 2025 performance year.

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^*

Westin Fredrik

(Last) (First) (Middle)

C/O AUTOLIV, INC.

KLARABERGSVIADUKTEN 70, SECTION D5

(Street)

STOCKHOLM V7 164-83

(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)
	EVP Finance and CFO

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		3,629	A	$0	11,736	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		846.1501(3)		(6)	(6)	Common Stock	846.1501	$0	3,629.9841	D
Performance-Based Restricted Stock Units (2023 Grant)	$0(1)	02/19/2026		M			3,629.9841(2)	02/19/2026	02/19/2026	Common Stock	3,629.9841	$0	0	D
Performance-Based Restricted Stock Units (2024 Grant)	$0(1)	02/19/2026		A		916.6793(4)		(7)	(7)	Common Stock	916.6793	$0	1,691.2378	D
Performance-Based Restricted Stock Units (2025 Grant)	$0(1)	02/19/2026		A		1,042.666(5)		(8)	(8)	Common Stock	1,042.666	$0	1,042.666	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 Fredrik Westin	02/23/2026
	** Signature of Reporting Person	Date
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FAQ

What insider transactions did Autoliv (ALV) CFO Fredrik Westin report?

Fredrik Westin reported grants and exercises of performance-based RSUs and related common stock. He received new RSU awards from 2023, 2024, and 2025 programs and exercised previously granted RSUs into 3,629 Autoliv common shares at a price of $0.0000 per share.

How many Autoliv (ALV) RSUs were granted to the CFO in this filing?

The filing shows three performance-based RSU grants: 846.1501 units from the 2023 program, 916.6793 units from the 2024 program, and 1042.6660 units from the 2025 program. Each RSU represents a contingent right to receive one share of Autoliv common stock if vesting conditions are met.

How many Autoliv (ALV) shares did the CFO acquire through RSU conversion?

The CFO exercised 3,629.9841 performance-based RSUs, which converted into 3,629 shares of Autoliv common stock at $0.0000 per share. Following this transaction, his directly held common stock position increased to 11,736 shares, reflecting settlement of previously earned performance-based awards.

What performance goals affect the Autoliv (ALV) performance-based RSUs in this filing?

The performance-based RSUs are tied to three metrics: organic sales growth versus light vehicle production growth, earnings per share, and greenhouse gas emissions. For the 2025 performance period, the footnotes state that goals for earnings per share and greenhouse gas emissions were achieved above the threshold level.

Over what periods do the Autoliv (ALV) performance-based RSUs vest for the CFO?

The RSUs from the 2023, 2024, and 2025 grants each cover three separate one-year performance periods. They are scheduled to vest and convert into shares in a single installment after the third performance year ends and after certification of performance results by the Leadership Development and Compensation Committee.

How do fractional RSUs work in the Autoliv (ALV) awards reported?

A footnote explains that fractional RSUs are rounded down to the nearest whole number at vesting. Any fractional portion that remains after rounding is forfeited, so only whole RSUs ultimately convert into Autoliv common shares for the reporting person.