Aptiv (NYSE: APTV) CFO uses 8,626 shares to cover taxes
Rhea-AI Filing Summary
Aptiv PLC executive Varun Laroyia, EVP & Chief Financial Officer, reported a tax-related share disposition. On the transaction date, 8,626 ordinary shares were withheld at $73.54 per share to cover tax liabilities from vesting restricted stock units. After this, he directly owned 142,143 ordinary shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 8,626 shares
Net Sell
1 txn
Insider
Laroyia Varun
Role
EVP & Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Ordinary Shares | 8,626 | $73.54 | $634K |
Holdings After Transaction:
Ordinary Shares — 142,143 shares (Direct)
Footnotes (1)
- F1. Shares withheld to pay tax liabilities incident to the vesting of restricted stock units.
FAQ
What did Aptiv (APTV) CFO Varun Laroyia report in this Form 4?
Aptiv CFO Varun Laroyia reported a tax-related disposition of shares. 8,626 ordinary shares were withheld to satisfy tax liabilities tied to vesting restricted stock units, rather than being sold in an open-market transaction.
What does transaction code F mean in the Aptiv (APTV) Form 4?
Transaction code F indicates payment of a tax liability or exercise price using securities. In this case, Aptiv CFO Varun Laroyia’s 8,626 ordinary shares were withheld to cover tax liabilities from the vesting of restricted stock units.
AI-generated analysis. How Rhea-AI works. Not financial advice.