APTV.NYSEAptiv PLC

Form 4: Aptiv PLC Executive Joseph T. Liotine Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Joseph T. Liotine, President, S&PS of Aptiv PLC, reports acquisition of ordinary shares through grants.

Summary

  • On June 21, 2024, Joseph T. Liotine, President, S&PS of Aptiv PLC, reported changes in beneficial ownership of Aptiv PLC ordinary shares.
  • Liotine acquired 39,809 ordinary shares, 22,824 ordinary shares, and 34,236 ordinary shares at a price of $0.00 per share.
  • Following these transactions, Liotine beneficially owns 96,869 ordinary shares directly.
  • The 39,809 shares will vest in two equal installments beginning on the first anniversary of the date of grant.
  • The 22,824 shares will vest in three equal installments beginning on February 28, 2025.
  • The 34,236 performance shares will vest based upon the achievement of specified performance criteria, with a performance period from January 1, 2024 to December 31, 2026.

Sentiment

Score: 6

Explanation: The document is a routine regulatory filing, so the sentiment is neutral. The acquisition of shares by an executive is generally viewed as a slightly positive signal.

Positives

  • The acquisition of shares by a company executive can be seen as a positive sign, indicating confidence in the company's future performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

  • The change in beneficial ownership may have a minor impact on shareholders' perception of the company.

Key Dates

DateDescription
06/21/2024Date of transaction
02/28/2025Start date for vesting of 22,824 shares in three equal installments
12/31/2026End of performance period for 34,236 performance shares
06/25/2024Date of signature

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