Aptiv (NYSE: APTV) vice chair granted new ordinary share awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Massaro Joseph R reported acquisition or exercise transactions in this Form 4 filing.
Aptiv PLC reported that Vice Chair & President, EC Joseph R. Massaro received two equity awards of ordinary shares as compensation. On April 22, 2026, he was granted 62,898 ordinary shares at no cost and a separate award of 41,933 ordinary shares, also at no cost.
The filing notes that some of these shares will vest in three equal installments beginning on February 28, 2027, and that certain performance shares are contingent on achieving specified performance criteria over a period from January 1, 2026 to December 31, 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Massaro Joseph R
Role
Vice Chair & President, EC
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 41,933 | $0.00 | -- |
| Grant/Award | Ordinary Shares | 62,898 | $0.00 | -- |
Holdings After Transaction:
Ordinary Shares — 375,073 shares (Direct, null)
Footnotes (1)
- The shares will vest in three equal installments beginning on February 28, 2027. Total reflects adjustment of outstanding awards as a result of the spin-off of Versigent PLC. 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
Time-based share award: 62,898 ordinary shares
Additional share award: 41,933 ordinary shares
Vesting start date: February 28, 2027
+2 more
5 metrics
Time-based share award
62,898 ordinary shares
Grant/award acquisition on April 22, 2026 at $0.00 per share
Additional share award
41,933 ordinary shares
Grant/award acquisition on April 22, 2026 at $0.00 per share
Vesting start date
February 28, 2027
Certain granted shares vest in three equal installments beginning on this date
Performance period start
January 1, 2026
Beginning of performance period for Aptiv performance shares
Performance period end
December 31, 2028
End of performance period for contingent performance shares
Key Terms
performance share, contingent right, spin-off, vest, +1 more
5 terms
contingent right financial
"represents a contingent right to receive an ordinary share of Aptiv PLC"
spin-off financial
"Total reflects adjustment of outstanding awards as a result of the spin-off of Versigent PLC"
A spin-off happens when a company creates a new, independent business by separating part of itself, like splitting off a division into its own company. This often happens so the new company can focus better on its own goals or attract different investors. It matters because it can lead to more growth opportunities and clearer focus for both companies.
vest financial
"The shares will vest in three equal installments beginning on February 28, 2027"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
performance criteria financial
"will vest based upon the achievement of specified performance criteria"
FAQ
What insider transaction did Aptiv (APTV) report for Joseph R. Massaro?
Aptiv reported that Joseph R. Massaro received two equity awards of ordinary shares. On April 22, 2026, he was granted 62,898 ordinary shares and a separate award of 41,933 ordinary shares, both at no cost, as part of his compensation.
Are Joseph R. Massaro’s Aptiv (APTV) awards time-based or performance-based?
The awards include both time-based and performance-based elements. Some shares vest in three equal installments starting February 28, 2027, while each performance share is a contingent right that vests only if specified performance criteria are met from January 1, 2026 to December 31, 2028.