Aptiv (APTV) EVP Louissaint sells 3,000 shares under Rule 10b5-1 plan
Rhea-AI Filing Summary
Aptiv PLC executive Obed D. Louissaint reported an open-market sale of 3,000 Ordinary Shares at $69.60 per share. The transaction took place on June 15, 2026, and was executed under a pre-arranged Rule 10b5-1 trading plan adopted on March 13, 2026.
Following this sale, Louissaint directly holds 210,803 Aptiv Ordinary Shares, indicating he retains a substantial ongoing equity stake in the company despite the disposition.
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Insights
Executive sold 3,000 shares under a pre-set 10b5-1 plan while keeping a large remaining stake.
The filing shows EVP & Chief People Officer Obed D. Louissaint conducted an open-market sale of 3,000 Aptiv Ordinary Shares at $69.60 per share on June 15, 2026. After this trade, he directly holds 210,803 shares.
The footnote states the sale was made pursuant to a Rule 10b5-1 trading plan adopted on March 13, 2026. Such plans are pre-arranged, reducing the informational value of the trade’s timing and suggesting it is part of routine portfolio or liquidity management.
No derivative exercises or tax-withholding entries appear in this filing, and the remaining share position is much larger than the amount sold. This points to a modest, planned sale rather than a significant shift in his exposure to Aptiv equity.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 3,000 | $69.60 | $209K |
Footnotes (1)
- F1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 13, 2026.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
open-market sale financial
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