Form 4: Autoliv Director Hasse Johansson Reports Acquisition of Restricted Stock Units

Director Hasse Johansson reports acquisition of additional Restricted Stock Units (RSUs) representing a contingent right to receive Autoliv common stock due to dividend equivalent rights.

Summary

• Hasse Johansson, a director of Autoliv Inc., filed a Form 4 on March 28, 2024, reporting a transaction on March 27, 2024.
• The transaction involved the acquisition of additional Restricted Stock Units (RSUs) due to dividend equivalent rights.
• Johansson acquired 9.5419 RSUs, which represent a contingent right to receive one share of ALV common stock each.
• Following the transaction, Johansson beneficially owns 1,722.8831 RSUs directly.
• The RSUs vest and convert to shares in one installment on the earlier of Autoliv's 2024 annual stockholder meeting or May 11, 2024.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a routine transaction related to director compensation. The acquisition of RSUs due to dividend equivalent rights is a slightly positive indicator.

Positives

• The acquisition of RSUs due to dividend equivalent rights suggests a positive performance or outlook that allows for dividend payouts.

Future Outlook

The vesting of the RSUs is contingent on the earlier of Autoliv's 2024 annual stockholder meeting or May 11, 2024.

Industry Context

This filing is a routine disclosure related to insider transactions and provides insight into the compensation structure for Autoliv's directors.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it is related to director compensation and does not significantly alter the company's financial position.

Key Dates