Form 4: Autoliv Executive Sells Shares to Cover Taxes After Stock Vesting
SEC Form 4 Filing
Per Jonas Jademyr, EVP at Autoliv, sold 401 shares of common stock on February 25, 2025, to cover taxes related to recent stock vestings, according to a Form 4 filing with the SEC.
Summary
- Per Jonas Jademyr, an Executive Vice President at Autoliv, sold 401 shares of Autoliv common stock on February 25, 2025.
- The sale was executed at a price of $98.8475 per share.
- The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan adopted on November 11, 2024.
- The purpose of the sale was to cover taxes related to recent stock vestings.
- Following the transaction, Jademyr still directly owns 685 shares of Autoliv common stock.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing related to an executive stock sale for tax purposes. It doesn't convey any particularly positive or negative sentiment about the company's performance or prospects.
Industry Context
Executive stock sales are a common occurrence, particularly to cover tax obligations arising from stock vesting. The use of a 10b5-1 plan suggests the executive planned the sale in advance to avoid any appearance of trading on inside information.
Key Dates
| Date | Description |
|---|---|
| 2024-11-11 | Date the reporting person adopted a Rule 10b5-1 trading plan |
| 2025-02-25 | Date of the stock sale transaction |
| 2025-02-26 | Date of the Form 4 filing |
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