Form 4: Aptiv PLC Executive Varun Laroyia Reports Changes in Beneficial Ownership

Varun Laroyia, EVP & Chief Financial Officer of Aptiv PLC, reports transactions involving ordinary shares, including shares withheld for tax liabilities and the acquisition of restricted stock units and performance shares.

Summary

• On February 28, 2025, Varun Laroyia, the EVP & Chief Financial Officer of Aptiv PLC, reported changes in beneficial ownership of the company's ordinary shares.
• 4,310 shares were disposed of at a price of $65.12 to cover tax liabilities related to the vesting of restricted stock units.
• 24,318 ordinary shares were acquired at $0.00, representing restricted stock units vesting in three equal installments starting one year from the grant date.
• 36,475 performance shares were acquired at $0.00, contingent on achieving specific performance criteria between January 1, 2025, and December 31, 2027.
• Following these transactions, Laroyia directly owns 182,715 ordinary shares.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard regulatory filing detailing transactions. The acquisition of shares could be seen as a positive sign, but it's primarily related to compensation.

Positives

• The acquisition of 24,318 restricted stock units and 36,475 performance shares indicates confidence in the company's future performance.

Future Outlook

The performance shares will vest based upon the achievement of specified performance criteria, with a performance period from January 1, 2025 to December 31, 2027.

Industry Context

This filing is a routine disclosure related to executive compensation and ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive compensation and ownership.

Key Dates