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Visteon (VC) CEO gains stock through RSU vesting and tax withholding

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Lawande Sachin

(Last) (First) (Middle)
VISTEON CORPORATION
ONE VILLAGE CENTER DRIVE

(Street)
VAN BUREN TOWNSHIP MI 48167

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
VISTEON CORP [ VC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
CEO and President
3. Date of Earliest Transaction (Month/Day/Year)
03/15/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/15/2026(1) M 6,343 A (1) 181,870 D
Common Stock 03/15/2026(2) F 2,755 D $89.09 179,115 D
Common Stock 03/15/2026(1) M 10,586 A (1) 189,701 D
Common Stock 03/15/2026(2) F 4,597 D $89.09 185,104 D
Common Stock 03/15/2026(1) M 15,514 A (1) 200,618 D
Common Stock 03/15/2026(2) F 6,737 D $89.09 193,881 D
Common Stock 03/16/2026(3) F 59 D $90.06 193,822 D
Common Stock 146,229 I By SLAT
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 03/15/2026 M 6,343 (4) 03/15/2026 Common Stock 6,343 (1) 0 D
Restricted Stock Units (1) 03/15/2026 M 10,586 (4) 03/15/2027 Common Stock 10,586 (1) 10,491 D
Restricted Stock Units (1) 03/15/2026 M 15,514 (4) 03/15/2028 Common Stock 15,514 (1) 30,750 D
Explanation of Responses:
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 290 of the shares reflect dividend equivalents paid in additional shares pursuant to the terms of the Visteon Corporation 2020 Incentive Plan.
2. 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.
3. 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.
4. 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.
Remarks:
Heidi A. Sepanik, Corporate Secretary, Visteon Corporation on behalf of Sachin S. Lawande 03/17/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Visteon (VC) CEO Sachin Lawande report in this Form 4?

Sachin Lawande reported vesting of Restricted Stock Units that were converted into 32,443 shares of Visteon common stock, along with share withholdings to cover related income tax obligations. These are routine compensation-related transactions, not open-market purchases or sales.

Did the Visteon (VC) CEO buy or sell shares on the open market?

The filing shows no open-market purchases or sales. Shares were acquired through RSU vesting and derivative exercises, while 14,148 shares were withheld by Visteon solely to satisfy income tax liabilities arising from these awards and related dividend equivalents.

How many Visteon (VC) shares does the CEO hold after these transactions?

Following the reported transactions, Sachin Lawande directly owned 193,822 shares of Visteon common stock. The filing also reports 146,229 additional shares held indirectly, described as owned "By SLAT," indicating a separate entity associated with the reporting person.

What are the Restricted Stock Units mentioned in the Visteon (VC) Form 4?

Each Restricted Stock Unit represents the economic equivalent of one Visteon common share. They vest in 33% annual installments each March 15 after grant and are automatically converted and distributed in stock upon vesting, based on the then-current market value, subject to tax withholding.

Why were some Visteon (VC) shares withheld from the CEO in this filing?

Shares were withheld by Visteon to satisfy income tax withholding obligations triggered by RSU vesting and dividend equivalents. The value of withheld shares was based on Visteon’s fair market value on March 13 and March 16, 2026, as described in the Form 4 footnotes.
Visteon Corp

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