ALV Form 4: Magnus Jarlegren Receives Performance and Time-Based RSUs
Rhea-AI Filing Summary
Magnus Jarlegren, an officer (President, Autoliv Europe) of Autoliv Inc. (ALV), reported acquisitions of restricted stock units and performance-based restricted stock units on 09/23/2025.
The Form 4 shows receipt of 11.993 performance-based RSUs from the 2023 grant (underlying 11.993 common shares; post-transaction beneficial ownership 1,800.7871), 5.0146 performance-based RSUs from the 2024 grant (underlying 5.0146 common shares; post-transaction beneficial ownership 641.7505), and four time-based RSU entries of 3.9931, 3.9165, and 4.739 units (each converting to common stock at $0), with reported post-transaction beneficial ownership levels of 599.5758, 588.0779, and 711.5822 respectively. Dividend equivalents were credited as additional RSUs per the award agreement. Performance-based RSUs vest upon completion of the stated performance periods and committee certification. The form was signed by Brian Kelly by POA on 09/24/2025.
Positive
- Detailed disclosure of RSU acquisitions on 09/23/2025 with specific unit counts and post-transaction beneficial ownership figures
- Performance-based RSUs include explicit vesting condition tied to multi-year performance periods and committee certification
- Dividend equivalent treatment is disclosed—cash dividends are credited as additional RSUs subject to the same vesting schedule
- Form executed via POA with dated signature (Brian Kelly by POA, 09/24/2025), satisfying signature requirement
Negative
- None.
Insights
TL;DR: Routine executive equity awards recorded; performance RSUs subject to vesting and committee certification.
The Form 4 documents small incremental acquisitions of RSUs and performance-based RSUs by an executive officer on 09/23/2025. The filing specifies that dividend equivalents are credited as additional RSUs and that performance-based awards vest after multi-year performance periods subject to certification by the Leadership Development and Compensation Committee. These disclosures are standard for long-term incentive compensation and clarify the vesting mechanics and post-transaction beneficial ownership counts reported on the form.
TL;DR: Filing appears compliant and timely; includes POA signature and required detail on award terms.
The Form 4 contains the required elements: reporting person identity, relationship to issuer, transaction date, descriptions of the RSUs, amounts acquired, zero purchase price (grant), vesting description and post-transaction beneficial ownership figures. The signature by POA (Brian Kelly) with date is present. The disclosure of dividend equivalent treatment and certification requirement for performance awards meets standard Section 16 reporting conventions.