ALV.NYSEAutoliv INC

Form 4: Autoliv Executive Petra Albuschus Reports Acquisition of Restricted Stock Units

Sentiment:

SEC Filing


Petra Albuschus, EVP, HR & Sustainability at Autoliv Inc, reports the acquisition of restricted stock units (RSUs) through dividend equivalent rights.

Summary

  • Petra Albuschus, an executive at Autoliv Inc, filed a Form 4 detailing changes in beneficial ownership.
  • The report indicates the acquisition of restricted stock units (RSUs) due to dividend equivalent rights.
  • These RSUs represent a contingent right to receive one share of Autoliv common stock each.
  • The transactions occurred on September 23, 2024.
  • Albuschus acquired 2.1892 RSUs, 6.9474 RSUs, and 3.0699 RSUs.
  • The vesting schedule for 6.9474 RSUs is in three equal installments on each of the first, second and third anniversaries of the November 6, 2023 grant date.
  • Following these transactions, Albuschus directly owns 301.5645, 957.0058 and 422.8727 RSUs.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.

Positives

  • The acquisition of RSUs through dividend equivalent rights indicates a form of compensation and alignment with shareholder interests.

Industry Context

Form 4 filings are a routine part of executive compensation and provide transparency into the holdings of company insiders.

Stakeholder Impact

  • The acquisition of RSUs aligns executive compensation with company performance, potentially benefiting shareholders.

Key Dates

DateDescription
11/06/2023Grant date for some of the RSUs, vesting in three equal installments annually.
09/23/2024Date of the reported transactions involving the acquisition of RSUs.
09/24/2024Date of the signature on the Form 4 filing.
11/06/2026Expiration date for some of the RSUs.
02/20/2027Expiration date for some of the RSUs.

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