Visteon (VC) SVP receives RSU shares, with some withheld for taxes
Rhea-AI Filing Summary
Visteon Senior Vice President Robert R. Vallance reported routine equity compensation activity involving restricted stock units (RSUs) and related tax withholding. On March 15, 2026, RSUs covering 2,781 shares of common stock automatically vested and were converted into common shares at no exercise price, based on the market value of Visteon stock around March 13 and March 16, 2026.
To cover income tax obligations from the vesting and associated dividend equivalents, 1,150 common shares were withheld by Visteon through multiple F-code tax-withholding dispositions, at prices around $89–$90 per share. After these transactions, Vallance directly held 20,469 shares of Visteon common stock. There were no open‑market purchases or sales disclosed in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 5 | $90.06 | $450.30 |
| Exercise | Restricted Stock Units | 554 | $0.00 | -- |
| Exercise | Restricted Stock Units | 834 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,393 | $0.00 | -- |
| Exercise | Common Stock | 554 | $0.00 | -- |
| Tax Withholding | Common Stock | 228 | $89.09 | $20K |
| Exercise | Common Stock | 834 | $0.00 | -- |
| Tax Withholding | Common Stock | 344 | $89.09 | $31K |
| Exercise | Common Stock | 1,393 | $0.00 | -- |
| Tax Withholding | Common Stock | 573 | $89.09 | $51K |
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, the next preceding trading day, and 18 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 next preceding trading day. 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.
FAQ
What insider transactions did Visteon (VC) report for Robert R. Vallance?
What happened to the restricted stock units reported by Visteon (VC)?