Form 4: Autoliv CEO Bratt Accrues Additional RSUs

Autoliv CEO Mikael Bratt reported the accrual of additional performance-based restricted stock units through dividend equivalent rights.

Summary

• Mikael Bratt, President and CEO, and Director of Autoliv, Inc. (ALV), reported the acquisition of additional performance-based Restricted Stock Units (RSUs) on December 10, 2025.
• These RSUs were accrued as dividend equivalent rights, meaning cash dividends paid on the underlying RSUs resulted in additional RSUs, subject to the same vesting schedule.
• An additional 75.371 RSUs were acquired related to the 2023 Grant.
• An additional 23.1704 RSUs were acquired related to the 2024 Grant.
• Following these transactions, Bratt directly beneficially owns a total of 10,460.1102 Performance-Based Restricted Stock Units from the 2023 Grant and 3,215.626 from the 2024 Grant.

Sentiment

Score: 7

Explanation: The accrual of additional performance-based restricted stock units for the CEO is a positive sign for executive alignment with shareholder interests through dividend equivalent rights, reflecting an ongoing and standard compensation structure.

Positives

• The accrual of additional RSUs through dividend equivalent rights increases the executive's potential future equity stake in the company.
• The mechanism aligns executive compensation with shareholder returns (dividends), fostering a shared interest in company performance.

Future Outlook

The performance-based RSUs from the 2023 Grant are expected to vest and convert to shares in one installment after December 31, 2025, subject to the Leadership Development and Compensation Committee's certification of performance objectives. Similarly, the performance-based RSUs from the 2024 Grant are expected to vest and convert to shares after December 31, 2026, following committee certification.

Industry Context

This is a routine insider transaction filing related to executive compensation, common across publicly traded companies, and does not directly reflect broader industry trends. It indicates the company's ongoing executive incentive programs designed to align management interests with long-term shareholder value.

Stakeholder Impact

• Shareholders: The accrual of RSUs aligns the CEO's long-term interests with shareholder value creation, as the RSUs vest based on performance and dividend payments.
• Management: The CEO's compensation package is enhanced, providing further incentive tied to company performance.

Next Steps

• Completion of the third one-year performance period for the 2023 Grant ending December 31, 2025.
• Leadership Development and Compensation Committee's certification of performance objectives for the 2023 Grant.
• Vesting and conversion of 2023 Grant RSUs to shares after certification.
• Completion of the third one-year performance period for the 2024 Grant ending December 31, 2026.
• Leadership Development and Compensation Committee's certification of performance objectives for the 2024 Grant.
• Vesting and conversion of 2024 Grant RSUs to shares after certification.

Key Dates

Keywords

Autoliv, ALV, Mikael Bratt, SEC Form 4, Restricted Stock Units, RSU, Performance-Based Compensation, Dividend Equivalent Rights, Executive Compensation, Insider Transaction