Form 4: Autoliv EVP Staffan Olsson Reports Accrual of Restricted Stock Units from Dividend Equivalents

Autoliv Inc.'s Executive Vice President of Operations, Staffan Olsson, reported the acquisition of additional restricted stock units (RSUs) on June 10, 2025, stemming from dividend equivalent rights on existing grants.

Summary

• Staffan Olsson, EVP, Operations of Autoliv Inc. (ALV), reported changes in beneficial ownership on June 10, 2025.
• The reported transactions involve the acquisition of additional Performance-Based Restricted Stock Units (RSUs) and Restricted Stock Units (RSUs).
• These acquisitions are due to dividend equivalent rights accruing in the form of additional RSUs, subject to the same vesting schedules as the underlying RSUs.
• For the 2023 Performance-Based RSU Grant, 4.5689 units were acquired, bringing the total beneficially owned to 709.0326 units.
• For the 2024 Performance-Based RSU Grant, 1.3019 units were acquired, bringing the total beneficially owned to 202.0303 units.
• For a Restricted Stock Unit grant vesting on February 15, 2026, 1.5186 units were acquired, totaling 235.6622 units beneficially owned.
• For a Restricted Stock Unit grant vesting on February 20, 2027, 1.1944 units were acquired, totaling 185.3489 units beneficially owned.
• For a Restricted Stock Unit grant vesting on February 21, 2028, 3.1498 units were acquired, totaling 488.8069 units beneficially owned.
• Each RSU represents a contingent right to receive one share of ALV common stock.
• Performance-based RSUs vest after the completion of their respective third one-year performance periods (December 31, 2025, and December 31, 2026) and certification by the Leadership Development and Compensation Committee.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. It's a routine compensation event (expected), but it signifies continued alignment of executive interests with shareholders through equity participation.

Positives

• The accrual of additional RSUs through dividend equivalent rights indicates that executive compensation plans are designed to align management's interests with those of shareholders, as executives benefit from company performance and dividends.
• Continued equity participation by a key executive like the EVP of Operations reinforces confidence in the company's long-term strategy and performance.

Future Outlook

The future outlook indicates that Staffan Olsson's RSU holdings will convert into common stock upon the satisfaction of specific vesting conditions, including performance targets for certain grants and fixed dates for others, extending through February 2028.

Industry Context

This Form 4 filing is a routine disclosure of an insider transaction, specifically the accrual of equity compensation. Such filings are common across all publicly traded companies as part of their executive compensation and governance practices, reflecting the ongoing equity participation of key management personnel.

Stakeholder Impact

• Shareholders: The accrual of RSUs aligns the interests of the EVP of Operations with shareholders, as the value of his compensation is tied to the company's stock performance and dividend policy.

Next Steps

• The Performance-Based Restricted Stock Units (2023 Grant) are expected to vest and convert to shares after December 31, 2025, subject to performance certification.
• The Performance-Based Restricted Stock Units (2024 Grant) are expected to vest and convert to shares after December 31, 2026, subject to performance certification.
• Other Restricted Stock Units are scheduled to vest and convert to shares on February 15, 2026, February 20, 2027, and February 21, 2028.

Key Dates

Keywords

Autoliv, ALV, Restricted Stock Units, RSU, Executive Compensation, Insider Transaction, SEC Form 4, Dividend Equivalent Rights, Staffan Olsson, Corporate Governance