Form 4: Aptiv PLC Director Colin J. Parris Reports Changes in Beneficial Ownership

Director Colin J. Parris reports acquisition and disposal of Aptiv PLC ordinary shares, including shares withheld for tax liabilities and restricted stock units received under the company's Long Term Incentive Plan.

Summary

• On April 23, 2024, Director Colin J. Parris disposed of 249 ordinary shares at a price of $70.25 to cover tax liabilities related to vesting restricted stock units.
• On April 25, 2024, Parris acquired 2,690 ordinary shares in the form of restricted stock units (RSUs) at a price of $0.00.
• These RSUs will vest in full one day before the Issuer's Annual Meeting of Shareholders in 2025.
• Following these transactions, Parris beneficially owns 15,839 ordinary shares.

Sentiment

Score: 6

Explanation: Neutral sentiment as the document primarily reports routine transactions related to stock ownership and compensation.

Positives

• The acquisition of 2,690 restricted stock units indicates a continued investment in the company by the director.
• The vesting of RSUs is tied to the director's continued service with the company, aligning their interests with shareholders.

Future Outlook

The director's holdings will increase upon the vesting of the restricted stock units in 2025, contingent on continued service with the company.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect routine compensation and tax-related stock movements.

Key Dates