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