Form 4: Adient EVP Conklin Boosts Stake with RSU, PSU Vesting

Adient plc's EVP, Americas, James Conklin, reported significant equity transactions including the grant of restricted stock units and the vesting of performance share units, alongside share disposals for tax obligations.

Summary

• James Conklin, EVP, Americas of Adient plc, acquired 47,281 Ordinary Shares on November 13, 2025, through a restricted stock unit (RSU) grant.
• The RSU grant vests in three equal installments on the first, second, and third anniversaries of the grant date.
• Conklin also acquired 5,262 Ordinary Shares on November 13, 2025, representing performance share units (PSUs) earned for the three-year performance period ended September 30, 2025.
• The Compensation Committee approved the performance results for the PSUs on November 13, 2025.
• To cover taxes due on the vesting of these equity awards, Conklin disposed of 3,316 Ordinary Shares on November 14, 2025, and 2,805 Ordinary Shares on November 16, 2025, both at a price of $20.02 per share.
• Following these transactions, Conklin's direct beneficial ownership of Ordinary Shares is 98,251.
• Additionally, Conklin indirectly holds 322.27 Ordinary Shares through the Company's 401(k) Savings Plan as of November 13, 2025.

Sentiment

Score: 6

Explanation: The sentiment is slightly positive. While there were tax-related dispositions, the executive's overall direct beneficial ownership increased significantly due to the vesting of performance-based awards and a new RSU grant, indicating successful past performance and continued alignment of executive interests with shareholders.

Positives

• The vesting of 5,262 performance share units indicates that Adient plc met or exceeded performance targets for the three-year period ending September 30, 2025.
• The grant of 47,281 restricted stock units aligns executive incentives with long-term shareholder value creation.
• Despite tax-related dispositions, the executive's overall direct beneficial ownership increased from an implied 51,829 shares before the RSU/PSU transactions to 98,251 shares after all reported transactions, demonstrating increased insider stake.

Negatives

• A total of 6,121 Ordinary Shares were disposed of to cover tax obligations, reducing the direct beneficial ownership that would have otherwise resulted from the equity awards.

Future Outlook

The restricted stock units granted on November 13, 2025, are scheduled to vest in three equal installments on the first, second, and third anniversaries of the grant date, indicating future equity ownership for the executive.

Industry Context

This filing details routine executive compensation and insider transactions, which are common across publicly traded companies. It does not provide specific industry-wide insights or competitive analysis.

Stakeholder Impact

• Shareholders: Increased alignment of executive interests with long-term company performance due to higher equity ownership and future vesting schedules.
• Employees: The vesting of performance share units may signal positive company performance, potentially boosting morale.

Next Steps

• Future vesting of the restricted stock units in three equal installments on the first, second, and third anniversaries of the November 13, 2025 grant date.

Key Dates

Keywords

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