Form 4: Autoliv Director Leif Johansson Reports Stock Transactions
SEC Form 4 Filing
Director Leif Johansson reports acquisition and disposal of Autoliv Inc. stock and restricted stock units.
Summary
- On May 8, 2025, Leif Johansson, a director of Autoliv Inc., reported transactions involving the company's stock.
- Johansson acquired 1,261 shares of common stock upon the vesting of restricted stock units (RSUs) at a price of $0.00.
- He also disposed of 284 shares of common stock to cover tax obligations at a price of $95.23.
- Following these transactions, Johansson beneficially owns 12,957 shares of Autoliv Inc.
- Additionally, Johansson was granted 1,706 restricted stock units (RSUs) as part of the 2025-2026 annual retainer for non-employee director service, which will vest on the earlier of Autoliv's 2026 annual stockholder meeting or May 8, 2026.
- After the transaction, Johansson owns 1,706 derivative securities.
Sentiment
Score: 6
Explanation: The sentiment is neutral as the document primarily reports routine stock transactions related to director compensation. There are no significant positive or negative implications.
Positives
- The vesting of RSUs indicates continued director compensation and alignment with shareholder interests.
Negatives
- The disposal of shares to cover tax obligations could be perceived as a slight negative, although it's a common practice.
Risks
- There are no specific risks highlighted in this document, as it primarily reports stock transactions.
Future Outlook
The granted RSUs will vest on the earlier of Autoliv's 2026 annual stockholder meeting or May 8, 2026.
Industry Context
Director stock transactions are a common occurrence in publicly traded companies and are routinely reported to the SEC. These transactions can provide insights into management's perspective on the company's value and future prospects.
Comparison to Industry Standards
- Director compensation in the form of RSUs is a standard practice among publicly listed companies like Autoliv.
- Companies such as Aptiv PLC (APTV) and Veoneer (VNE) also utilize similar equity-based compensation for their directors.
- The vesting schedules and terms of these RSUs are generally aligned with industry norms to incentivize long-term value creation.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to director compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/10/2024 | Date of RSU grant as part of the 2024-2025 annual retainer. |
| 05/08/2025 | Date of stock and RSU transactions. |
| 05/08/2025 | Date the restricted stock units vested. |
| 05/08/2025 | Date the restricted stock units expire. |
| 05/08/2026 | One-year anniversary of May 8, 2025, an alternative vesting date for the granted RSUs. |
| 2026 | Autoliv's 2026 annual stockholder meeting, an alternative vesting date for the granted RSUs. |
| 05/12/2025 | Date of the report filing. |
Keywords
Autoliv, Director, Stock, RSU, Leif Johansson, ALV, Transaction, Beneficial Ownership
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