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Aptiv (NYSE: APTV) advances Electrical Distribution Systems tax-free spin-off

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Aptiv PLC announced that its subsidiary Versigent Limited has filed an amended preliminary Form 10 with the SEC. This filing supports Aptiv’s plan to separate its Electrical Distribution Systems business into a new, independent publicly traded company through a spin-off expected to be tax-free to shareholders. The company plans to complete the separation by April 1, 2026, subject to customary closing conditions, formally moving this major business into a standalone entity.

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Insights

Aptiv advances a planned tax-free spin-off of a key business unit.

Aptiv PLC is progressing a structural change by moving its Electrical Distribution Systems business into a separate, publicly traded company. The amended preliminary Form 10 filed by subsidiary Versigent Limited indicates detailed disclosure work is underway for the planned separation.

The spin-off is described as a transaction expected to be tax-free to shareholders, which can be important for how value is transferred between the parent and new entity. The completion target is by April 1, 2026, with the process remaining subject to customary closing conditions.

For investors, this type of separation can reshape how Aptiv’s businesses are grouped and valued, while creating a distinct equity for the spun-off operations. Subsequent company communications and future SEC filings around the Separation and new entity will further clarify structure, capital profile, and strategic focus.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
________________________________________________________________________________________________________________________

FORM 8-K
________________________________________________________________________________________________________________________
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
February 17, 2026
________________________________________________________________________________________________________________________
Aptiv PLC
(Exact name of registrant as specified in its charter)
________________________________________________________________________________________________________________________
Jersey001-3534698-1824200
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
Spitalstrasse 5
8200 Schaffhausen, Switzerland
+41 52 580 96 00
(Address of Principal Executive Offices, Including Zip Code)
(Registrant’s Telephone Number, Including Area Code)
(Former Name or Former Address, if Changed Since Last Report) N/A
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading symbol(s)Name of each exchange on which registered
Ordinary Shares, $0.01 par value per shareAPTVNew York Stock Exchange
1.600% Senior Notes due 2028APTVNew York Stock Exchange
4.350% Senior Notes due 2029APTVNew York Stock Exchange
4.650% Senior Notes due 2029APTVNew York Stock Exchange
3.250% Senior Notes due 2032APTVNew York Stock Exchange
5.150% Senior Notes due 2034APTVNew York Stock Exchange
4.250% Senior Notes due 2036APTVNew York Stock Exchange
4.400% Senior Notes due 2046APTVNew York Stock Exchange
5.400% Senior Notes due 2049APTVNew York Stock Exchange
3.100% Senior Notes due 2051APTVNew York Stock Exchange
4.150% Senior Notes due 2052APTVNew York Stock Exchange
5.750% Senior Notes due 2054APTVNew York Stock Exchange
6.875% Fixed-to-Fixed Reset Rate
Junior Subordinated Notes due 2054
APTVNew York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company



If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
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Item 8.01    Other Events.
On February 17, 2026, Versigent Limited, a subsidiary of Aptiv PLC (the “Company”), publicly filed an amended preliminary Registration Statement on Form 10 with the U.S. Securities and Exchange Commission (the “SEC”) in connection with the Company’s intended separation of its Electrical Distribution Systems business into a new, independent publicly traded company, through a transaction expected to be treated as a tax-free spin-off to its shareholders (the “Separation”).
The Company plans to complete the Separation by April 1, 2026, subject to customary closing conditions.
A copy of the amended preliminary Form 10 is available on the SEC website at www.sec.gov.
3


SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date:February 17, 2026 APTIV PLC
 
 By:/s/ Katherine H. Ramundo
Katherine H. Ramundo
Executive Vice President, Chief Legal Officer, Chief Compliance Officer and Secretary

4

FAQ

What corporate action did Aptiv (APTV) disclose in this 8-K?

Aptiv disclosed progress on separating its Electrical Distribution Systems business into a new, independent public company. An amended preliminary Form 10 was filed by its subsidiary Versigent Limited, marking a key step toward executing the planned spin-off structure.

How is the Aptiv (APTV) Electrical Distribution Systems separation structured?

The Electrical Distribution Systems business is planned to be separated through a spin-off into a new, independent publicly traded company. The transaction is expected to be treated as tax-free to Aptiv shareholders, subject to customary conditions and successful completion of the Separation.

What filing did Versigent Limited submit related to Aptiv’s spin-off?

Versigent Limited, a subsidiary of Aptiv, filed an amended preliminary Registration Statement on Form 10 with the SEC. This Form 10 provides detailed information about the new company that will hold the Electrical Distribution Systems business following the planned separation.

When does Aptiv (APTV) plan to complete the Electrical Distribution Systems spin-off?

Aptiv plans to complete the separation of its Electrical Distribution Systems business by April 1, 2026. This timing is described as a plan and remains subject to customary closing conditions that must be satisfied before the spin-off can be finalized.

Will the Aptiv (APTV) Electrical Distribution Systems spin-off be tax-free?

The separation is expected to be treated as a tax-free spin-off to Aptiv shareholders. This means shareholders are expected to receive shares of the new company without incurring immediate tax, assuming the transaction meets applicable tax requirements and conditions.

Where can investors access the Form 10 for Aptiv’s planned spin-off?

The amended preliminary Form 10 related to the Electrical Distribution Systems separation is available on the SEC’s website at www.sec.gov. Investors can review it there to see detailed information about the proposed new, independent publicly traded company.

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