Aptiv CEO receives 243,207 new share awards
CLARK KEVIN P reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
CLARK KEVIN P reported acquisition or exercise transactions in this Form 4 filing.
Aptiv PLC Chair and CEO Kevin P. Clark received new equity awards in the form of ordinary shares. He was granted 145,924 shares and an additional 97,283 shares at no cash cost, increasing his directly held stake to 599,826 shares.
Separately, 727,210 shares are held indirectly through the Kevin P. Clark Revocable Trust. According to the footnotes, some of these awards will vest in three equal installments beginning on February 28, 2027, and certain performance shares vest based on performance criteria over a period from January 1, 2026 to December 31, 2028.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 97,283 | $0.00 | $0.00 |
| Grant/Award | Ordinary Shares | 145,924 | $0.00 | $0.00 |
| holding | Ordinary Shares | -- | -- | -- |
Footnotes (3)
- F1. The shares will vest in three equal installments beginning on February 28, 2027.
- F2. Total reflects adjustment of outstanding awards as a result of the spin-off of Versigent PLC.
- F3. Each performance share represents a contingent right to receive an ordinary share of Aptiv PLC, and will vest based upon the achievement of specified performance criteria, with a performance period from January 1, 2026 to December 31, 2028.
Key Figures
Key Terms
Revocable Trust financial
spin-off financial
vest financial
performance period financial
FAQ
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How does the Aptiv (APTV) filing describe the impact of the Versigent PLC spin-off on awards?
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