Visteon (VC) director Bunsei Kure reports RSU vesting and tax share withholding
Rhea-AI Filing Summary
VISTEON CORP director Bunsei Kure reported routine equity compensation activity. On June 5, 2026, 1,829 Restricted Stock Units, each equal to one share of Visteon common stock, automatically vested and were converted and paid in common shares without any action on his part. The vested amount includes 15 shares received as dividend equivalents under the Visteon Corporation 2020 Incentive Plan. To cover income tax withholding arising from this vesting, the company withheld 549 common shares, valued at the fair market value on that date. After these transactions, Kure directly holds 4,034 shares of Visteon common stock. These events reflect compensation vesting and related tax withholding rather than open‑market buying or selling.
Positive
- None.
Negative
- None.
Insights
Routine RSU vesting with tax withholding; no open‑market trading signal.
Director Bunsei Kure had 1,829 Restricted Stock Units, each equal to a share of VISTEON CORP common stock, automatically vest on June 5, 2026. These RSUs were granted under the company’s 2020 Incentive Plan and converted directly into shares.
To satisfy income tax obligations from this vesting, the company withheld 549 shares at the fair market value on the vesting date, a standard non‑cash mechanism coded as an F transaction. There was no open‑market purchase or sale, so the timing carries limited informational value.
Following the net settlement, Kure holds 4,034 common shares directly. With derivative positions in this grant now fully exercised and no additional derivatives listed, the filing primarily updates his equity holdings from compensation, not an active change in market exposure.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,829 | $0.00 | -- |
| Exercise | Common Stock | 1,829 | $0.00 | -- |
| Tax Withholding | Common Stock | 549 | $117.46 | $64K |
Footnotes (1)
- Each Restricted Stock Unit, which is the economic equivalent of one share of Visteon common stock, automatically vested on June 5, 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 June 5, 2026, and 15 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 June 5, 2026.