Aptiv (APTV) EVP Katherine Ramundo receives time-vested and performance share awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Aptiv PLC executive Katherine H. Ramundo, EVP, CLO, CCO & Secretary, reported equity compensation awards in the form of ordinary shares. She was granted 28,179 ordinary shares and a separate 18,786-share award, both recorded at zero purchase price as grants rather than open-market purchases.
Footnotes state one award will vest in three equal installments beginning on February 28, 2027, and that totals reflect adjustments to outstanding awards related to the spin-off of Versigent PLC. Another award consists of performance shares that may convert into ordinary shares based on 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
Ramundo Katherine H
Role
EVP, CLO, CCO & Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 18,786 | $0.00 | -- |
| Grant/Award | Ordinary Shares | 28,179 | $0.00 | -- |
Holdings After Transaction:
Ordinary Shares — 137,573 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
Share grant 1: 28,179 ordinary shares
Share grant 2: 18,786 ordinary shares
Holdings after grant line 1: 165,752 ordinary shares
+2 more
5 metrics
Share grant 1
28,179 ordinary shares
Equity award on April 22, 2026
Share grant 2
18,786 ordinary shares
Additional equity award on April 22, 2026
Holdings after grant line 1
165,752 ordinary shares
Direct ownership after 28,179-share award
Holdings after grant line 2
137,573 ordinary shares
Direct ownership after 18,786-share award entry
Performance period
January 1, 2026 to December 31, 2028
Vesting measurement window for performance shares
Key Terms
performance share, spin-off, vest, performance period
4 terms
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 period financial
"with a performance period from January 1, 2026 to December 31, 2028"
The performance period is the specific time span over which an investment’s results, an employee’s targets, or a fund’s returns are measured and judged. It matters to investors because the length and start/end of that window determine which gains or losses count toward performance fees, bonus payouts, or benchmark comparisons—much like timing a race decides who wins, the chosen period can change whether results look strong or weak.
FAQ
What insider transaction did Aptiv (APTV) report for Katherine H. Ramundo?
Aptiv reported that executive Katherine H. Ramundo received awards of ordinary shares, not open-market purchases. One grant covers 28,179 shares and another 18,786 shares, both recorded at zero purchase price as part of her equity compensation, increasing her direct holdings.
Were Katherine H. Ramundo’s Aptiv (APTV) awards affected by a corporate spin-off?
Yes. A footnote explains that the total reflects an adjustment of outstanding awards due to the spin-off of Versigent PLC. Such adjustments typically recalibrate existing equity awards so holders remain economically consistent after a corporate separation.