Visteon (VC) SVP gains RSU shares and uses stock to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Visteon senior vice president Qais M. Sharif reported routine equity compensation activity involving restricted stock units and related tax withholding, not open‑market trading. On March 15, 2026, restricted stock units economically equivalent to 2,058 shares of common stock vested and were converted into common shares at no exercise price.
To cover income tax obligations from the vesting and associated dividend equivalents, Visteon withheld 852 shares, including dispositions at prices based on the fair market value of the stock on March 13 and March 16, 2026. After these transactions, Sharif directly owned 13,260 shares of Visteon common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,058 shares exercised/converted
Mixed
10 txns
Insider
Sharif Qais M
Role
Senior Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 4 | $90.06 | $360.24 |
| Exercise | Restricted Stock Units | 415 | $0.00 | -- |
| Exercise | Restricted Stock Units | 715 | $0.00 | -- |
| Exercise | Restricted Stock Units | 928 | $0.00 | -- |
| Exercise | Common Stock | 415 | $0.00 | -- |
| Tax Withholding | Common Stock | 171 | $89.09 | $15K |
| Exercise | Common Stock | 715 | $0.00 | -- |
| Tax Withholding | Common Stock | 295 | $89.09 | $26K |
| Exercise | Common Stock | 928 | $0.00 | -- |
| Tax Withholding | Common Stock | 382 | $89.09 | $34K |
Holdings After Transaction:
Common Stock — 13,260 shares (Direct);
Restricted Stock Units — 0 shares (Direct)
Footnotes (1)
- Each Restricted Stock Unit, which is the economic equivalent of one share of Visteon common stock, automatically vested on March 15, 2026 and was converted and paid to me in common stock without any election or action on my part. The value of each share was based on the fair market value of Visteon common stock as of March 13, 2026, the next preceding trading day, and 12 of the shares reflect dividend equivalents paid in additional shares pursuant to the terms of the Visteon Corporation 2020 Incentive Plan. These shares were withheld by Visteon to satisfy income tax withholding obligations arising in connection with the vesting of certain Restricted Stock Units. The value of each share was based on the fair market value of Visteon common stock as of March 13, 2026, the next preceding trading day. The shares were withheld by Visteon to satisfy income tax withholding obligations arising in connection with the receipt of dividend equivalents pursuant to the terms of the Visteon Corporation 2020 Incentive Plan. The value of each share was based on the fair market value of Visteon common stock as of March 16, 2026. Restricted Stock Units vest to the extent of 33% of the units granted on the following March 15th of each year after the date of grant. Each Restricted Stock Unit will be converted and distributed to me, without payment, in stock upon vesting and based upon the then current market value of a share of Visteon common stock, subject to tax withholding.
