APTV Form 4: Obed Louissaint Disposes 3,000 Shares; 166,255 Remain
Rhea-AI Filing Summary
Obed D. Louissaint, EVP & Chief People Officer of Aptiv PLC (APTV), reported a sale of ordinary shares under a pre-established Rule 10b5-1 plan. On 08/26/2025 he disposed of 3,000 ordinary shares at a price of $80 per share. The filing shows he beneficially owned 166,255 ordinary shares after the transaction. The Form 4 was signed by an attorney-in-fact on 08/28/2025 and notes the 10b5-1 plan was adopted May 9, 2025.
Positive
- Transaction executed under a Rule 10b5-1 plan, indicating pre-established trading parameters
- Prompt disclosure via Form 4, filed and signed by an attorney-in-fact
- Substantial retained holding after sale: 166,255 ordinary shares
Negative
- Insider sale of 3,000 ordinary shares, which reduces executive shareholdings
- No information on proportionate ownership change relative to total outstanding shares in this filing
Insights
TL;DR: Sale appears routine under an established 10b5-1 plan; disclosed promptly.
The filing documents a small, planned disposition by a senior officer under a Rule 10b5-1 trading plan adopted May 9, 2025. The use of a 10b5-1 plan reduces concerns about trading on nonpublic information because transactions follow pre-set terms. The remaining beneficial holding of 166,255 shares indicates continued material alignment with shareholder interests. The report was executed via attorney-in-fact and properly disclosed on Form 4.
TL;DR: Transaction is modest in size and unlikely to be material to Aptiv's capitalization.
The sale of 3,000 shares at $80 equates to $240,000 gross proceeds, which is small relative to typical executive holdings and company market caps. The disclosure clarifies timing and that the trade was governed by a 10b5-1 plan, which supports the view that this is a routine liquidity event rather than a reaction to company-specific news. No derivative transactions or additional dispositions are reported in this filing.