Form 4: Autoliv Director Jan Carlson Reports Stock Transactions
SEC Form 4 Filing
Director Jan Carlson reports the vesting of restricted stock units and a new grant as part of his annual retainer.
Summary
- Jan Carlson, a director at Autoliv Inc., reported transactions involving the company's common stock on May 10, 2024.
- 2,715 restricted stock units (RSUs) vested, converting into common stock at a price of $0.00.
- 815 shares were disposed of to cover tax obligations at a price of $124.34.
- Following these transactions, Carlson directly owns 79,393 shares of Autoliv common stock.
- Carlson also received a grant of 1,950 RSUs as part of his 2024-2025 annual retainer, which will vest on the earlier of Autoliv's 2025 annual stockholder meeting or May 10, 2025.
- After the grant, Carlson directly owns 1,950 RSUs.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects standard compensation practices and continued investment by a director.
Positives
- The vesting of RSUs and subsequent stock ownership reflect Carlson's continued investment in Autoliv.
Future Outlook
The 1,950 RSUs granted will vest on the earlier of Autoliv's 2025 annual stockholder meeting or May 10, 2025.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common in publicly traded companies.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are part of standard director compensation.
Key Dates
| Date | Description |
|---|---|
| 05/10/2024 | Vesting of 2,715 RSUs and disposal of 815 shares for tax obligations. |
| 05/10/2024 | Grant of 1,950 RSUs as part of the 2024-2025 annual retainer. |
| May 10, 2025 | One-year anniversary of the RSU grant, potential vesting date. |
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