Visteon (VC) director awarded 1,333 RSUs under 2020 Incentive Plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
VISTEON CORP director Francis M. Scricco received a grant of 1,333 Restricted Stock Units (RSUs) tied to the company’s common stock. The RSUs were credited to his account without any payment by him under Visteon’s 2020 Incentive Plan at a reference value of $120.05 per unit.
According to the terms, these RSUs are scheduled to be converted and distributed into shares of common stock on the one-year anniversary of the grant date, without payment, based on the then-current market value. Following this filing, Scricco also reports direct ownership of 4,621 shares of Visteon common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
SCRICCO FRANCIS M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,333 | $120.05 | $160K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 1,333 shares (Direct, null);
Common Stock — 4,621 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 1,333 units
RSU reference price: $120.05 per unit
Common shares held: 4,621 shares
+1 more
4 metrics
RSU grant size
1,333 units
Restricted Stock Units granted on June 11, 2026
RSU reference price
$120.05 per unit
Value per Restricted Stock Unit at grant
Common shares held
4,621 shares
Direct Visteon common stock holdings after reported transactions
RSU conversion date
June 11, 2027
Scheduled conversion and distribution of RSUs into common stock
Key Terms
Restricted Stock Units, 2020 Incentive Plan, Form 4, common stock
4 terms
Restricted Stock Units financial
"These Restricted Stock Units were credited to my account, with out payment by me, under the Company's 2020 Incentive Plan."
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.
2020 Incentive Plan financial
"These Restricted Stock Units were credited to my account, with out payment by me, under the Company's 2020 Incentive Plan."
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
common stock financial
"will be converted and distributed to me, without payment, in shares of common stock on the one year anniversary"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did Francis M. Scricco report in this Visteon (VC) Form 4 filing?
Francis M. Scricco reported receiving 1,333 Restricted Stock Units as a grant under Visteon’s 2020 Incentive Plan. These RSUs relate to common stock and were awarded without any cash payment by him, as part of his director compensation.
How many Restricted Stock Units did the Visteon (VC) director receive?
The director received 1,333 Restricted Stock Units linked to Visteon common stock. Each unit was recorded at $120.05, and the award was granted without his payment under the company’s 2020 Incentive Plan, reflecting stock-based compensation rather than a market purchase.
When will the granted Visteon (VC) RSUs convert into common stock?
The granted RSUs are generally scheduled to convert and be distributed into shares of Visteon common stock on the one-year anniversary of the grant date. At that time, the distribution will be based on the then-current market value of the common stock.
Did the Visteon (VC) Form 4 show any open-market stock purchases or sales?
The filing does not show any open-market purchases or sales. It reports a grant of 1,333 Restricted Stock Units as compensation and a separate line reflecting 4,621 common shares held directly, which is a holdings entry rather than a buy or sell trade.