Visteon (VC) SVP granted performance rights and restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Visteon Corp Senior Vice President Robert R. Vallance reported stock-based compensation awards. On March 1, 2026, he acquired 6,491 performance rights and 4,327 restricted stock units, both at a stated price of $0.00 per unit, as grants rather than open‑market purchases.
Each performance right can convert into one share of common stock based on relative shareholder return and return on invested capital over a three-year performance period, payable in stock and subject to tax withholding. The restricted stock units vest 33% each March 15 after the grant date and convert into shares of Visteon common stock upon vesting, also subject to tax withholding. Following these awards, his directly held common stock position is 18,838 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Vallance Robert R
Role
Senior Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Rights | 6,491 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 4,327 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Performance Rights — 6,491 shares (Direct);
Restricted Stock Units — 4,327 shares (Direct);
Common Stock — 18,838 shares (Direct)
Footnotes (1)
- Each performance right represents a contingent right to receive one share of Visteon common stock. The vesting of the performance right is based on relative shareholder return and return on invested capital metrics over a three year performance period and payable in stock, subject to tax withholding. 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.
FAQ
What stock-based awards did Visteon (VC) executive Robert R. Vallance receive?
Robert R. Vallance received 6,491 performance rights and 4,327 restricted stock units as stock-based compensation. Both awards were granted at a stated price of $0.00 per unit, meaning they are compensation grants rather than open-market share purchases.
How do the new performance rights granted to Visteon (VC) SVP vest?
Each performance right represents a potential share of Visteon common stock. Vesting depends on relative shareholder return and return on invested capital over a three-year performance period, with payout made in stock and reduced by shares withheld for taxes at settlement.
What is the vesting schedule for the restricted stock units granted at Visteon (VC)?
The restricted stock units vest in three equal annual installments. Specifically, 33% of the units granted vest on each March 15 following the grant date, then convert into shares of Visteon common stock upon vesting, with shares withheld to cover required tax obligations.
Did the Visteon (VC) executive buy or sell common stock in this Form 4?
The Form 4 shows awards of performance rights and restricted stock units, not market purchases or sales. These are compensation grants at a stated price of $0.00 per unit, rather than open-market transactions involving cash consideration for common shares.
Are the new Visteon (VC) equity awards subject to tax withholding?
Yes. Both the performance rights and restricted stock units are payable or delivered in stock and are subject to tax withholding. A portion of the shares that would otherwise be delivered on vesting or settlement may be withheld to satisfy applicable tax obligations.