Visteon (VC) director receives 1,829 shares as Restricted Stock Units vest
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Visteon director Francis M. Scricco acquired 1,829 shares of common stock through the vesting of Restricted Stock Units (RSUs). On June 5, 2026, 1,829 RSUs, each equal to one share of Visteon common stock, automatically vested and were paid in stock without any action by him.
The value of the shares was based on the fair market value of Visteon stock as of June 5, 2026, and 15 of the shares represent dividend equivalents credited as additional shares under the Visteon Corporation 2020 Incentive Plan. After this transaction, he directly holds 4,621 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,829 shares exercised/converted
Mixed
2 txns
Insider
SCRICCO FRANCIS M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,829 | $0.00 | -- |
| Exercise | Common Stock | 1,829 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 4,621 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs vested: 1,829 units
Common shares acquired: 1,829 shares
Shares after transaction: 4,621 shares
+1 more
4 metrics
RSUs vested
1,829 units
Restricted Stock Units automatically vested on June 5, 2026
Common shares acquired
1,829 shares
Shares issued upon RSU conversion on June 5, 2026
Shares after transaction
4,621 shares
Direct holdings of common stock following RSU vesting
Dividend equivalent shares
15 shares
Additional shares credited as dividend equivalents under 2020 Incentive Plan
Key Terms
Restricted Stock Units, dividend equivalents, fair market value, 2020 Incentive Plan
4 terms
Restricted Stock Units financial
"Each Restricted Stock Unit, which is the economic equivalent of one share of Visteon common stock, automatically vested on June 5, 2026"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
dividend equivalents financial
"15 of the shares reflect dividend equivalents paid in additional shares pursuant to the terms of the Visteon Corporation 2020 Incentive Plan"
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
fair market value financial
"The value of each share was based on the fair market value of Visteon common stock as of June 5, 2026"
The price a willing buyer and a willing seller would agree on for an asset or security when neither is under pressure and both have access to the same information. Think of it as the market’s neutral estimate of what something is worth, like the price two neighbors would settle on for a car after comparing similar listings. Investors care because fair market value guides buying and selling decisions, tax reporting, portfolio valuation, and how accurately company assets are reflected in financial statements.
2020 Incentive Plan financial
"additional shares pursuant to the terms of the Visteon Corporation 2020 Incentive Plan"
FAQ
What did Visteon (VC) director Francis M. Scricco report on this Form 4?
Director Francis M. Scricco reported the automatic vesting and conversion of 1,829 Restricted Stock Units into Visteon common stock. These RSUs vested on June 5, 2026 and were paid entirely in shares, increasing his directly held common stock position to 4,621 shares.
What is the role of Restricted Stock Units in this Visteon (VC) Form 4 filing?
Restricted Stock Units are equity awards that convert into common shares upon vesting. In this filing, 1,829 RSUs, each equal to one Visteon share, automatically vested on June 5, 2026 and were paid in stock to director Francis M. Scricco without any purchase transaction.
What are dividend equivalents mentioned in the Visteon (VC) Form 4 footnote?
Dividend equivalents are additional share credits tied to dividends on underlying stock. The footnote explains that 15 of the shares issued to Francis M. Scricco came from dividend equivalents credited as extra shares under the Visteon Corporation 2020 Incentive Plan when the RSUs vested.