Form 4: Autoliv Executive Jademyr Reports Acquisition of Performance-Based Restricted Stock Units

EVP Jonas Per Jademyr reports acquisition of performance-based restricted stock units and restricted stock units in Autoliv Inc.

Summary

• Jonas Per Jademyr, an Executive Vice President at Autoliv Inc., reported the acquisition of performance-based restricted stock units (RSUs) and restricted stock units on March 27, 2024.
• These RSUs were granted under the 2022 and 2023 performance-based plans, as well as other restricted stock unit grants.
• The acquired RSUs represent a contingent right to receive shares of Autoliv common stock.
• The performance-based RSUs vest after the completion of a three-year performance period and certification by the Leadership Development and Compensation Committee.
• Dividend equivalent rights accrued in the form of additional RSUs are also subject to the same vesting schedule as the underlying RSUs.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of stock unit acquisitions, with no inherent positive or negative implications.

Positives

• The acquisition of RSUs aligns the executive's interests with the company's performance.
• The vesting of performance-based RSUs is tied to the achievement of specific performance objectives, incentivizing strong performance.
• Dividend equivalent rights provide additional value to the RSUs.

Future Outlook

The performance-based RSUs will vest based on the company's performance over the next few years, as determined by the Leadership Development and Compensation Committee.

Industry Context

This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies like Autoliv.

Stakeholder Impact

• The acquisition of RSUs aligns executive compensation with shareholder interests, potentially driving long-term value creation.

Key Dates