Form 4: Aptiv CFO Sells Shares for Tax Obligations

Aptiv's EVP & CFO, Varun Laroyia, disposed of 12,446 ordinary shares to cover tax liabilities related to restricted stock unit vesting.

Summary

• Varun Laroyia, Aptiv PLC's Executive Vice President & Chief Financial Officer, reported a transaction involving the company's ordinary shares.
• On November 14, 2025, Mr. Laroyia disposed of 12,446 ordinary shares at a price of $78.91 per share.
• This transaction was identified as a withholding of shares to satisfy tax liabilities incurred upon the vesting of restricted stock units.
• Following this transaction, Mr. Laroyia beneficially owns 170,269 ordinary shares directly.
• The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating it was pre-arranged.

Sentiment

Score: 5

Explanation: The filing reports a routine, non-discretionary transaction by an insider to cover tax liabilities upon the vesting of restricted stock units. This type of transaction is neutral in sentiment as it does not reflect a discretionary investment decision or provide new information about the company's operational performance.

Positives

• The transaction was executed under a Rule 10b5-1(c) plan, indicating a pre-planned, non-discretionary sale, which is a standard practice for executive compensation.

Negatives

• No specific negatives are identified as this is a routine tax-related transaction.

Risks

• No specific risks are mentioned in this Form 4 filing.

Future Outlook

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

Industry Context

This Form 4 filing reports a routine insider transaction for tax purposes and does not provide information relevant to broader industry trends or competitive landscape analysis.

Comparison to Industry Standards

• This filing details a standard tax-related share withholding transaction, common across publicly traded companies when restricted stock units vest for executives. It does not present financial results or operational metrics that would allow for a direct comparison to industry benchmarks or specific competitor performance.

Stakeholder Impact

• Shareholders: Minimal impact, as this is a routine, non-discretionary transaction for tax purposes and does not signal a change in management's confidence or company fundamentals.
• Employees: No direct impact mentioned.
• Customers/Suppliers/Creditors: No direct impact mentioned.

Next Steps

• No specific future actions, events, or milestones are mentioned in this Form 4 filing.

Key Dates

Keywords

Aptiv, APTV, Form 4, Insider Transaction, Varun Laroyia, CFO, Share Sale, Restricted Stock Units, Tax Withholding, Corporate Governance