Visteon (VC) director converts 1,829 RSUs into common stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Visteon Corp director David L. Treadwell exercised compensation-related awards by converting 1,829 Restricted Stock Units into the same number of shares of common stock on June 5, 2026. Following the transaction, he directly owns 8,258 common shares.
According to the disclosure, each Restricted Stock Unit, economically equal to one Visteon share, automatically vested and was paid in stock without any action by Treadwell. The value per share was based on the fair market value on June 5, 2026, and 15 of the shares represent dividend equivalents credited under the Visteon Corporation 2020 Incentive Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,829 shares exercised/converted
Mixed
2 txns
Insider
TREADWELL DAVID L
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 — 8,258 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs converted: 1,829 units
Common shares received: 1,829 shares
Shares after transaction: 8,258 shares
+3 more
6 metrics
RSUs converted
1,829 units
Automatically vested and converted on June 5, 2026
Common shares received
1,829 shares
Shares of Visteon common stock issued upon RSU conversion
Shares after transaction
8,258 shares
Director’s direct Visteon common stock holdings following the exercise
RSU balance after conversion
0 units
Reported Restricted Stock Units remaining after June 5, 2026 vesting
Dividend equivalent shares
15 shares
Additional shares credited as dividend equivalents under 2020 Incentive Plan
RSU exercise price
$0.00 per unit
Stated conversion price for the Restricted Stock Units
Key Terms
Restricted Stock Units, dividend equivalents, 2020 Incentive Plan, derivative exercise/conversion
4 terms
Restricted Stock Units financial
"The filing reports 1,829 Restricted Stock Units that automatically vested and were converted."
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."
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.
2020 Incentive Plan financial
"Dividend equivalents were credited pursuant to the terms of the Visteon Corporation 2020 Incentive Plan."
derivative exercise/conversion financial
"The transaction code description states it is an Exercise or conversion of derivative security."
FAQ
What insider transaction did VISTEON CORP (VC) director David Treadwell report?
Director David L. Treadwell reported converting 1,829 Restricted Stock Units into 1,829 shares of Visteon common stock. This was a compensation-related derivative exercise, not an open-market purchase or sale, and reflects automatic vesting and settlement in stock.
What happened to David Treadwell’s Restricted Stock Units in this VISTEON CORP (VC) filing?
Treadwell’s 1,829 Restricted Stock Units automatically vested and were converted into 1,829 shares of Visteon common stock. The RSU position reported in this filing went to zero after conversion, indicating the entire reported RSU block was settled.
Were David Treadwell’s VISTEON CORP (VC) RSUs exercised at a cash price?
The Restricted Stock Units were converted at a stated price of $0.00 per unit, consistent with stock-settled equity awards. The value of each resulting share was based on the fair market value of Visteon common stock on June 5, 2026, when they vested.
Does this VISTEON CORP (VC) Form 4 show any open-market buying or selling?
No open-market buying or selling is reported. The Form 4 reflects a derivative exercise where 1,829 Restricted Stock Units automatically vested and were converted into common stock, with no separate purchase or sale transactions disclosed in this filing.