Visteon (VC) SVP Kim gains 1,390 shares via RSU vesting, 401 withheld for taxes
Rhea-AI Filing Summary
Visteon Senior Vice President Seungkyung Kim reported routine equity compensation activity, not open-market trading. On March 15, 2026, Restricted Stock Units covering 247, 371 and 772 units, each economically equal to one share of common stock, automatically vested and were converted into a total of 1,390 shares of Visteon common stock at a $0.00 exercise price.
According to the footnotes, these RSUs vested and were paid in stock without any election or action by Kim, with values based on the fair market value of Visteon common stock as of March 13, 2026, and 6 shares arose from dividend equivalents under the 2020 Incentive Plan.
To satisfy income tax withholding obligations related to the vesting and dividend equivalents, Visteon withheld 401 shares of common stock in several F-code tax-withholding dispositions at share values referenced to fair market value on March 13 and 16, 2026. After these transactions, Kim directly owned 989 shares of Visteon common stock, reflecting net shares received from the vesting after tax withholding.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 3 | $90.06 | $270.18 |
| Exercise | Restricted Stock Units | 247 | $0.00 | -- |
| Exercise | Restricted Stock Units | 371 | $0.00 | -- |
| Exercise | Restricted Stock Units | 772 | $0.00 | -- |
| Exercise | Common Stock | 247 | $0.00 | -- |
| Tax Withholding | Common Stock | 71 | $89.09 | $6K |
| Exercise | Common Stock | 371 | $0.00 | -- |
| Tax Withholding | Common Stock | 106 | $89.09 | $9K |
| Exercise | Common Stock | 772 | $0.00 | -- |
| Tax Withholding | Common Stock | 221 | $89.09 | $20K |
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, and 6 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 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.
