Visteon Corp (VC) director gets 1,219 shares on RSU vesting
Rhea-AI Filing Summary
Visteon Corp director Marjorie Sennett had 1,219 Restricted Stock Units automatically vest and convert into 1,219 shares of common stock on July 17, 2026. The RSUs, economically equivalent to common stock, were paid in shares based on fair market value; 13 of the shares reflect dividend equivalents under Visteon’s 2020 Incentive Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,219 shares
Net Buy
2 txns
Insider
Sennett Marjorie
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1 | 1,219 | -- | -- |
| Exercise | Common Stock F1 | 1,219 | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 1,219 shares (Direct)
Footnotes (1)
- F1. Each Restricted Stock Unit, which is the economic equivalent of one share of Visteon common stock, automatically vested on July 17, 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 July 17, 2026, and 13 of the shares reflect dividend equivalents paid in additional shares pursuant to the terms of the Visteon Corporation 2020 Incentive Plan.
Key Figures
RSUs converted: 1,219 units
Common shares received: 1,219 shares
Dividend equivalent shares: 13 shares
+1 more
4 metrics
RSUs converted
1,219 units
Restricted Stock Units vested and converted on July 17, 2026
Common shares received
1,219 shares
Common stock issued upon RSU vesting on July 17, 2026
Dividend equivalent shares
13 shares
Additional shares credited as dividend equivalents under 2020 Incentive Plan
Transaction date
July 17, 2026
Date RSUs vested and were converted into common stock
Key Terms
Restricted Stock Units, dividend equivalents, 2020 Incentive Plan
3 terms
Restricted Stock Units financial
"Each Restricted Stock Unit, which is the economic equivalent of one share"
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
"13 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
"pursuant to the terms of the Visteon Corporation 2020 Incentive Plan"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Visteon (VC) report for Marjorie Sennett?
Marjorie Sennett reported 1,219 Restricted Stock Units vesting and converting into 1,219 Visteon common shares on July 17, 2026. The RSUs automatically vested and were paid in stock based on the fair market value of Visteon common stock on that date.
What happened to Marjorie Sennett’s Visteon (VC) Restricted Stock Units in this filing?
1,219 Restricted Stock Units were converted into 1,219 common shares and the RSU position reported in this filing dropped to zero. The RSUs automatically vested and were settled in shares without any election or action on her part.
Were dividend equivalents involved in Marjorie Sennett’s Visteon (VC) Form 4 transaction?
Yes. The footnote states that 13 of the 1,219 common shares represent dividend equivalents. These additional shares were paid as dividend equivalents pursuant to the terms of the Visteon Corporation 2020 Incentive Plan.
What does the Form 4 reveal about Marjorie Sennett’s Visteon (VC) stock holdings after the transaction?
After the RSU conversion, the Form 4 shows 1,219 shares of Visteon common stock as directly owned in the reported non-derivative position. The corresponding Restricted Stock Unit derivative position reported in this filing is reduced to zero units.