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ALV Form 4: CFO Granted Performance and Time-Based RSUs Vesting Through 2028

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Fredrik Westin, EVP Finance and CFO of Autoliv, Inc. (ALV), acquired multiple restricted stock units on 09/23/2025. The Form 4 reports grants of performance-based RSUs from the 2023 and 2024 grants and several time-based RSU awards. Each RSU represents the right to one share of common stock and dividend equivalents were credited as additional RSUs. The performance-based awards vest following multi-year performance periods ending December 31, 2025 and December 31, 2026, subject to committee certification. Several time-based RSUs have exercisable/vesting dates between 02/15/2026 and 05/15/2028. The Form 4 was signed by Brian Kelly by power of attorney on 09/24/2025.

Positive

  • Acquisition of performance-based and time-based RSUs on 09/23/2025 demonstrates alignment of the CFO's compensation with company performance and shareholder value.
  • Dividend equivalents credited as additional RSUs preserve economic value of awards and follow the same vesting schedules.
  • Performance RSUs vest after certification of multi-year objectives, linking payout to achievement of stated performance periods ending 12/31/2025 and 12/31/2026.

Negative

  • None.

Insights

TL;DR: Officer received performance and time-based RSU awards that vest through 2028 and include dividend equivalents, aligning pay with multi-year performance.

The filing documents routine equity compensation for the company's CFO consisting of performance-based RSUs tied to multi-year performance periods and time-based restricted stock units with vesting dates from 2026 to 2028. Dividend equivalents were granted as additional RSUs per the award agreements. These awards are standard executive compensation instruments that defer payout and link value to Autoliv common stock performance and committee certification of goals.

TL;DR: Multiple acquisitions reported under Section 16 show no cash purchase price and standard vesting schedules; disclosure appears complete.

The Form 4 reports acquisitions (transaction code A) of various RSUs and performance RSUs on 09/23/2025 with an indicated price of $0, consistent with award grants rather than open-market purchases. Each line shows the number of underlying shares and the ownership form as direct. The filing includes explanatory notes on dividend equivalents and performance certification requirements and is signed by an authorized POA on 09/24/2025.

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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
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)
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
Performance-Based Restricted Stock Units (2023 Grant) (1) 09/23/2025 A(2) 16.7839 (3) (3) Common Stock 16.7839 $0 2,520.1594 D
Performance-Based Restricted Stock Units (2024 Grant) (1) 09/23/2025 A(2) 6.0157 (4) (4) Common Stock 6.0157 $0 769.8718 D
Restricted Stock Unit (1) 09/23/2025 A(2) 5.5947 02/15/2026 02/15/2026 Common Stock 5.5947 $0 840.0531 D
Restricted Stock Unit (1) 09/23/2025 A(2) 4.6984 02/20/2027 02/20/2027 Common Stock 4.6984 $0 705.4838 D
Restricted Stock Unit (1) 09/23/2025 A(2) 5.3442 02/21/2028 02/21/2028 Common Stock 5.3442 $0 802.4442 D
Restricted Stock Unit (1) 09/23/2025 A(2) 33.2002 05/15/2028 05/15/2028 Common Stock 33.2002 $0 4,985.1098 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 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.
4. 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.
Brian Kelly by POA from Fredrik Westin 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did Fredrik Westin report for ALV on 09/23/2025?

Answer: He reported acquisitions of performance-based RSUs (2023 and 2024 grants) and multiple time-based restricted stock units on 09/23/2025, recorded on the Form 4.

Do the reported RSUs for ALV have cash purchase prices?

Answer: The Form 4 shows a price of $0 for the awards, indicating they were granted rather than bought in the market.

When do the performance-based RSUs reported by ALV vest?

Answer: The 2023 performance RSUs vest after the performance period ending 12/31/2025 and the 2024 performance RSUs vest after the period ending 12/31/2026, subject to committee certification.

What are the vesting dates for the time-based RSUs reported on ALV's Form 4?

Answer: The time-based RSUs show vesting/exercisable dates of 02/15/2026, 02/20/2027, 02/21/2028, and 05/15/2028 as indicated in the filing.

Who signed the Form 4 filing for Fredrik Westin?

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

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