Autoliv (NYSE: ALV) EVP receives multiple new RSU awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Autoliv Inc. executive Anthony J. Nellis received multiple equity awards in the form of restricted stock units. On March 19, 2026, he was granted performance-based RSUs from 2024 and 2025 award programs and several time-based RSU grants, each representing a right to receive one share of Autoliv common stock.
The performance-based RSUs will vest in a single installment after three one-year performance periods ending on December 31, 2026 and December 31, 2027, respectively, subject to the compensation committee certifying performance. The time-based RSUs have scheduled vesting or conversion dates in 2027, 2028, and 2029, aligning Nellis’s compensation with longer-term shareholder value.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Nellis Anthony J
Role
EVP Legal and General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance-Based Restricted Stock Units (2024 Grant) | 16.869 | $0.00 | -- |
| Grant/Award | Performance-Based Restricted Stock Units (2025 Grant) | 11.514 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 7.088 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 8.917 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 42.938 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 7.688 | $0.00 | -- |
Holdings After Transaction:
Performance-Based Restricted Stock Units (2024 Grant) — 1,989.561 shares (Direct);
Performance-Based Restricted Stock Units (2025 Grant) — 1,357.959 shares (Direct);
Restricted Stock Unit — 835.95 shares (Direct)
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, 2026 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, 2027 and the Leadership Development and Compensation Committee's certification of the level of achievement of the applicable performance objectives.
FAQ
What insider transaction did Autoliv (ALV) report for Anthony J. Nellis?
Autoliv reported that EVP Legal and General Counsel Anthony J. Nellis received several grants of restricted stock units. These include performance-based RSUs and time-based RSUs, all awarded on March 19, 2026 as part of his equity compensation, not open-market share purchases or sales.
What are the performance-based RSUs granted to Autoliv (ALV) executive Anthony J. Nellis?
The performance-based RSUs are awards that convert into Autoliv common shares after performance goals are measured. They vest in one installment following three one-year periods ending December 31, 2026 and December 31, 2027, once the compensation committee certifies the level of performance achieved under the plan.
How do Anthony J. Nellis’s Autoliv (ALV) restricted stock units vest over time?
Nellis’s RSUs vest on different schedules, with some tied to specific dates and others to performance. Time-based RSUs are scheduled to vest or convert in 2027, 2028, and 2029, while performance-based RSUs vest after multi-year performance periods ending in 2026 and 2027, subject to committee certification.
Do the Autoliv (ALV) RSU grants to Anthony J. Nellis involve cash transactions?
The RSU grants do not involve cash purchases or sales of stock by Nellis. Each RSU represents a contingent right to receive one share of Autoliv common stock at vesting, typically as part of his equity compensation rather than a market transaction for cash consideration.
What do dividend equivalent rights mean for Autoliv (ALV) RSUs in this filing?
Dividend equivalent rights provide additional RSUs instead of cash when dividends are paid. For these awards, cash dividends with a record date on or after the grant date and paid before vesting generate extra RSUs, which follow the same vesting schedule as the original underlying RSUs.
Are Anthony J. Nellis’s Autoliv (ALV) RSU awards contingent on performance goals?
Some of Nellis’s RSUs are performance-based and depend on achieving specified objectives. These performance-based RSUs vest only after three one-year performance periods conclude and Autoliv’s Leadership Development and Compensation Committee certifies the level of performance against the applicable targets.