Form 4: Autoliv Director Xiaozhi Liu Reports Stock Transactions
SEC Form 4 Filing
Director Xiaozhi Liu reports vesting and grant of restricted stock units (RSUs) and associated stock transactions.
Summary
- On May 10, 2024, Autoliv Director Xiaozhi Liu reported transactions involving the company's common stock.
- 1,722 restricted stock units (RSUs) vested, converting into 1,722 shares of common stock.
- 387 shares were disposed of to cover tax obligations at a price of $124.34 per share.
- Following these transactions, Liu directly owns 14,155 shares of Autoliv common stock.
- Liu was also granted 1,226 RSUs as part of the 2024-2025 annual retainer for non-employee director service, vesting on the earlier of ALV's 2025 annual stockholder meeting or May 10, 2025.
Sentiment
Score: 5
Explanation: The document reflects routine transactions related to director compensation, with no indication of positive or negative sentiment.
Future Outlook
The 1,226 RSUs granted as part of the 2024-2025 annual retainer will vest on the earlier of Autoliv's 2025 annual stockholder meeting or May 10, 2025.
Industry Context
This Form 4 filing is a routine disclosure related to director compensation and stock ownership, common among publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 05/10/2024 | Date of RSU vesting and stock transactions. |
| 05/10/2024 | Date of RSU grant for 2024-2025 annual retainer. |
| 05/10/2025 | One-year anniversary of RSU grant, potential vesting date. |
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