Form 4: Autoliv CEO Mikael Bratt Sells Shares to Cover Taxes
SEC Form 4
Autoliv's President and CEO, Mikael Bratt, sold 5,760 shares of common stock on February 25, 2025, to cover taxes related to recent stock vestings.
Summary
- On February 25, 2025, Mikael Bratt, the President and CEO of Autoliv Inc., sold 5,760 shares of the company's common stock.
- The sale was executed at a price of $98.9048 per share.
- The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan adopted on November 16, 2024.
- Following the transaction, Bratt directly owns 23,307 shares of Autoliv stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to an executive stock sale for tax purposes. It doesn't indicate any significant positive or negative sentiment.
Industry Context
Executive stock sales are a common occurrence and are often related to personal financial planning or tax obligations. The use of a 10b5-1 plan suggests the sale was pre-planned and not based on inside information.
Stakeholder Impact
- The stock sale may have a minor impact on shareholders, but is unlikely to be significant given the relatively small number of shares sold and the pre-planned nature of the transaction.
Key Dates
| Date | Description |
|---|---|
| 2024-11-16 | Date of adoption of Rule 10b5-1 trading plan. |
| 2025-02-25 | Date of stock sale transaction. |
| 2025-02-26 | Date of signature on the Form 4 filing. |
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