APTV.NYSEAptiv PLC

Form 4: Aptiv PLC Director Nancy E. Cooper Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Director Nancy E. Cooper reports acquisition and disposal of Aptiv PLC ordinary shares related to vesting of restricted stock units.

Summary

  • On April 23, 2024, Director Nancy E. Cooper disposed of 259 ordinary shares of Aptiv PLC to cover tax liabilities related to vesting restricted stock units at a price of $70.25 per share.
  • On April 25, 2024, Cooper acquired 2,774 ordinary shares through restricted stock units under the Issuer's Long Term Incentive Plan.
  • These restricted stock units will vest fully one day before the Issuer's Annual Meeting of Shareholders in 2025.
  • Following these transactions, Cooper beneficially owns 14,030 ordinary shares.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices and alignment of interests. There are no indications of negative events or concerns.

Positives

  • The acquisition of 2,774 shares through restricted stock units indicates continued alignment of the director's interests with the company's long-term performance.

Future Outlook

The director's holdings will increase as the restricted stock units vest in 2025, aligning her interests with the company's future performance.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency to investors regarding the alignment of management's interests with shareholder value.

Stakeholder Impact

  • The transactions provide transparency to shareholders regarding executive compensation and alignment of interests.

Key Dates

DateDescription
04/23/2024Disposal of 259 ordinary shares for tax liabilities.
04/25/2024Acquisition of 2,774 ordinary shares through restricted stock units.
2025Restricted stock units will vest one day before the Issuer's Annual Meeting of Shareholders.

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