Form 4: Autoliv Director Jan Carlson Reports Changes in Beneficial Ownership

Director Jan Carlson reports acquisition of restricted stock units (RSUs) in Autoliv Inc. due to dividend equivalent rights.

Summary

• Director Jan Carlson reported changes in beneficial ownership of Autoliv Inc. securities on June 13, 2024.
• The changes involve the acquisition of restricted stock units (RSUs) due to dividend equivalent rights.
• Carlson acquired 11.6428 RSUs, each representing a contingent right to receive one share of ALV common stock.
• These RSUs vest and convert to shares in one installment on the earlier of ALV's 2025 annual stockholder meeting or the one-year anniversary of May 10, 2024.
• Following the transaction, Carlson beneficially owns 1,961.6428 shares of common stock through RSUs.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive as it reflects standard executive compensation practices and dividend accrual, indicating company stability and adherence to regulatory requirements.

Positives

• The acquisition of RSUs through dividend equivalent rights indicates a positive return on existing holdings.
• The vesting schedule provides a clear timeline for conversion to common stock.

Future Outlook

The RSUs will vest and convert to shares in one installment on the earlier of (a) the date of ALV's 2025 annual stockholder meeting, or (b) the one-year anniversary of May 10, 2024.

Industry Context

This filing is a routine disclosure related to executive compensation and ownership changes, common in publicly traded companies like Autoliv in the automotive safety industry.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it reflects the company's commitment to executive compensation and alignment of interests.

Key Dates