Form 4: Autoliv Director Hasse Johansson Reports Stock Transactions

Director Hasse Johansson reports the vesting of restricted stock units and a grant of additional units related to director service.

Summary

• Hasse Johansson, a director of Autoliv Inc. (ALV), reported transactions involving the company's common stock.
• On May 10, 2024, restricted stock units (RSUs) vested, resulting in the acquisition of 1,722 shares of common stock.
• Also on May 10, 2024, 516 shares were disposed of at a price of $124.34.
• Following these transactions, Johansson directly owns 9,042 shares of Autoliv common stock.
• Johansson was also granted 1,226 RSUs as part of the 2024-2025 annual retainer for non-employee director service, which will vest on the earlier of ALV's 2025 annual stockholder meeting or May 10, 2025.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of stock transactions by a director. The vesting of RSUs is generally positive, but the small disposal of shares introduces a slightly negative element.

Positives

• The vesting of RSUs indicates continued director compensation and alignment with shareholder interests.

Negatives

• The disposal of 516 shares could be interpreted negatively, although the amount is relatively small.

Future Outlook

The newly granted RSUs will vest on the earlier of the 2025 annual stockholder meeting or May 10, 2025.

Industry Context

This filing is a routine disclosure related to director compensation and stock ownership, common in publicly traded companies. It provides transparency to investors regarding the financial interests of company insiders.

Comparison to Industry Standards

• Director compensation packages often include a mix of cash retainers and equity-based awards like RSUs.
• The vesting schedules and grant sizes are generally aligned with industry practices for companies of similar size and scope to Autoliv.
• Comparing Autoliv's director compensation to peers like Aptiv or Magna International would provide further context.

Stakeholder Impact

• The disclosure provides transparency to shareholders regarding director stock ownership.
• The transactions have a minimal direct impact on employees, customers, suppliers, or creditors.

Key Dates