Aptiv grants share awards to EVP Louissaint
Aptiv PLC reported that EVP & Chief People Officer Obed D. Louissaint acquired equity-based compensation in the form of ordinary shares.
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Rhea-AI Filing Summary
Aptiv PLC reported that EVP & Chief People Officer Obed D. Louissaint acquired equity-based compensation in the form of ordinary shares. He received grants of 34,216 and 22,812 ordinary shares at a stated price of $0.00 per share, reflecting stock awards rather than open-market purchases.
According to the footnotes, one award will vest in three equal installments beginning on February 28, 2027. Another award is structured as performance shares, each representing a contingent right to receive one ordinary share, which will vest based on specified performance criteria over a performance period from January 1, 2026 to December 31, 2028. These transactions increase his direct holdings and represent routine executive compensation, not market trading activity.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 22,812 | $0.00 | $0.00 |
| Grant/Award | Ordinary Shares | 34,216 | $0.00 | $0.00 |
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
contingent right financial
spin-off financial
vest financial
FAQ
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What did Aptiv (APTV) EVP Obed D. Louissaint report in this Form 4?
How do these Aptiv (APTV) awards affect Obed D. Louissaint’s holdings?
AI-generated analysis. How Rhea-AI works. Not financial advice.