Form 4: Adient EVP Berthelin Reports Share Transactions

Adient plc's EVP, EMEA, Michel Berthelin, reported the acquisition of performance share units and subsequent tax-related dispositions of ordinary shares.

Summary

• Michel Berthelin, Executive Vice President for EMEA at Adient plc, reported changes in his beneficial ownership of the company's ordinary shares.
• On November 13, 2025, Berthelin acquired 4,685 ordinary shares, representing performance share units earned for the three-year performance period ended September 30, 2025. The Compensation Committee approved these results on the same date.
• Following this acquisition, Berthelin's direct beneficial ownership stood at 129,675 ordinary shares.
• On November 14, 2025, Berthelin disposed of 5,459 ordinary shares at a price of $20.02 per share. This disposition was for the withholding of shares to cover taxes due in connection with the vesting of restricted stock units or performance share units.
• After the November 14 disposition, his direct beneficial ownership decreased to 124,216 ordinary shares.
• On November 16, 2025, Berthelin disposed of an additional 3,056 ordinary shares, also at a price of $20.02 per share, for tax withholding purposes related to vesting.
• After all reported transactions, Berthelin's direct beneficial ownership of Adient plc ordinary shares is 121,160.

Sentiment

Score: 6

Explanation: The sentiment is slightly positive. While there are dispositions, they are for tax purposes related to the vesting of performance share units, which indicates the executive met performance targets. This is a routine and expected event in executive compensation.

Positives

• The acquisition of 4,685 ordinary shares represents performance share units earned, indicating that performance goals for the three-year period ended September 30, 2025, were met and approved by the Compensation Committee.

Negatives

• A total of 8,515 ordinary shares were disposed of (5,459 and 3,056 shares) to cover tax obligations related to the vesting of performance share units, reducing the executive's direct beneficial ownership.

Future Outlook

The filing does not contain specific forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

This Form 4 filing reflects a routine executive compensation event, where performance-based equity awards vest, and a portion is withheld to cover tax liabilities. Such transactions are common across publicly traded companies as part of their executive incentive programs, aligning management interests with shareholder value creation through long-term equity awards.

Stakeholder Impact

• Shareholders: The transactions represent a routine part of executive compensation, with the executive earning shares based on performance, which can be viewed positively as an alignment of interests. The tax-related dispositions are not voluntary sales.
• Employees: No direct impact mentioned.

Key Dates

Keywords

Adient, ADNT, Form 4, Insider Transaction, Executive Compensation, Performance Share Units, Stock Vesting, Tax Withholding