Form 4: Aptiv PLC Director Nancy E. Cooper Reports Changes in Beneficial Ownership
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
| Date | Description |
|---|---|
| 04/23/2024 | Disposal of 259 ordinary shares for tax liabilities. |
| 04/25/2024 | Acquisition of 2,774 ordinary shares through restricted stock units. |
| 2025 | Restricted stock units will vest one day before the Issuer's Annual Meeting of Shareholders. |
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