Autoliv (ALV) CFO Fredrik Westin receives additional RSU awards
Rhea-AI Filing Summary
Autoliv Inc. reported equity awards for its EVP Finance and CFO, Fredrik Westin, reflecting additional restricted stock units credited on December 10, 2025. The filing shows small increases in several performance-based restricted stock unit (RSU) awards from 2023 and 2024, as well as time-based RSUs, all at an exercise price of $0. These increments result from dividend equivalent rights, where cash dividends paid on Autoliv common stock generate additional RSUs that follow the same vesting schedule as the original awards.
The performance-based RSUs from the 2023 grant vest and convert to shares in one installment after the third one-year performance period ending December 31, 2025, once the Leadership Development and Compensation Committee certifies performance. The 2024 performance-based RSUs follow a similar structure, with the third performance period ending December 31, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance-Based Restricted Stock Units (2023 Grant) | 18.291 | $0.00 | -- |
| Grant/Award | Performance-Based Restricted Stock Units (2024 Grant) | 5.581 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 6.097 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 5.12 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 5.824 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 36.181 | $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.