Form 4: Autoliv Director Franz-Josef Kortuem Reports Stock Transactions

Director Franz-Josef Kortuem reports vesting of restricted stock units and acquisition of additional units related to director service.

Summary

• On May 8, 2025, Franz-Josef Kortuem, a director of Autoliv Inc., had 1,261 restricted stock units (RSUs) vest, which converted into common stock.
• He also had 189 shares of common stock disposed of to cover tax obligations at a price of $95.23 per share.
• Following these transactions, Kortuem directly owns 13,849 shares of Autoliv common stock.
• Additionally, Kortuem was granted 1,706 RSUs as part of the 2025-2026 annual retainer for non-employee director service, which will vest on the earlier of Autoliv's 2026 annual stockholder meeting or May 8, 2026.
• After the transaction, Kortuem holds 1,706 derivative securities.

Sentiment

Score: 5

Explanation: This is a routine transaction disclosure, neither particularly positive nor negative.

Future Outlook

The director will receive shares of ALV common stock upon the vesting of the newly granted RSUs, contingent on continued service through the vesting date.

Industry Context

This filing is a routine disclosure related to director compensation and stock ownership, common in publicly traded companies.

Stakeholder Impact

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

Key Dates

Keywords

Autoliv, Director, Kortuem, RSU, Stock, ALV, Vesting, Form 4