Visteon CEO receives shares from RSU vesting
Visteon CEO and President Sachin Lawande reported routine equity compensation activity.
Rhea-AI Filing Summary
Visteon CEO and President Sachin Lawande reported routine equity compensation activity. Multiple batches of Restricted Stock Units vested and were converted into a total of 32,443 shares of Visteon common stock, reflecting long-term incentive awards settling in stock.
To cover income tax withholding on these vestings and related dividend equivalents, 14,148 shares of common stock were withheld by Visteon through F-code transactions, not open-market sales. After these transactions, Lawande directly owned 193,822 common shares, with an additional 146,229 shares reported as indirectly owned by a SLAT.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 59 | $90.06 | $5K |
| Exercise | Restricted Stock Units | 6,343 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 10,586 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 15,514 | $0.00 | $0.00 |
| Exercise | Common Stock | 6,343 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,755 | $89.09 | $245K |
| Exercise | Common Stock | 10,586 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 4,597 | $89.09 | $410K |
| Exercise | Common Stock | 15,514 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 6,737 | $89.09 | $600K |
| holding | Common Stock | -- | -- | -- |
Footnotes (4)
- F1. 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 290 of the shares reflect dividend equivalents paid in additional shares pursuant to the terms of the Visteon Corporation 2020 Incentive Plan.
- F2. 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.
- F3. 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.
- F4. 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.
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