Form 4: Autoliv Director Leif Johansson Reports Stock Transactions
SEC Form 4 Filing
Director Leif Johansson reports stock transactions including vesting of restricted stock units and a grant of additional units.
Summary
- On May 10, 2024, Leif Johansson, a director of Autoliv Inc., reported transactions involving the company's stock.
- These transactions include the vesting of 1,722 restricted stock units (RSUs) from a grant made on May 11, 2023, as part of the 2023-2024 annual retainer for non-employee director service.
- Johansson also disposed of 516 common stock shares at a price of $124.34.
- Following these transactions, Johansson directly owns 11,980 shares of Autoliv common stock.
- Additionally, Johansson was granted 1,226 RSUs as part of the 2024-2025 annual retainer for non-employee director service, which will vest on the earlier of Autoliv's 2025 annual stockholder meeting or May 10, 2025.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the document simply reports stock transactions by a company director, which is a routine occurrence.
Future Outlook
The newly granted RSUs 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 director, which is common in publicly traded companies. It provides transparency to investors regarding the actions of company insiders.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding director stock ownership.
Key Dates
| Date | Description |
|---|---|
| 05/11/2023 | Date of original RSU grant as part of the 2023-2024 annual retainer. |
| 05/10/2024 | Date of the reported transactions, including RSU vesting and stock disposal. |
| 05/10/2025 | One-year anniversary of the RSU grant, an alternative vesting date. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.