Form 4: Aptiv PLC Director Paul M. Meister Reports Changes in Beneficial Ownership

Director Paul M. Meister reports acquisition and disposal of Aptiv PLC ordinary shares related to vesting of restricted stock units and tax obligations.

Summary

• On April 23, 2024, Paul M. Meister, a director of Aptiv PLC, had 337 ordinary shares disposed of to cover tax liabilities related to vesting restricted stock units at a price of $70.25 per share.
• On April 25, 2024, Meister acquired 5,183 ordinary shares through restricted stock units at a price of $0.00.
• Following these transactions, Meister's direct ownership of Aptiv PLC ordinary shares increased to 19,412.
• The restricted stock units vest in full one day before the Issuer's Annual Meeting of Shareholders in 2025.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the filing primarily reflects routine transactions related to stock-based compensation and tax obligations. There is no indication of significant positive or negative events.

Positives

• The acquisition of 5,183 ordinary shares through restricted stock units indicates confidence in the company's future performance.

Future Outlook

The vesting of restricted stock units in 2025 suggests a long-term incentive structure for the director.

Industry Context

This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency regarding the ownership stake of company directors.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect standard compensation practices for company directors.

Key Dates