Form 4: Autoliv VP Mikael Hagstrom Sells Shares to Cover Taxes
SEC Form 4 Filing
Mikael Hagstrom, VP of Corporate Control at Autoliv, sold 401 shares of common stock on February 25, 2025, to cover taxes related to recent stock vestings.
Summary
- Mikael Hagstrom, VP of Corporate Control at Autoliv Inc., sold 401 shares of common stock on February 25, 2025.
- The sale was executed at a weighted average price of $98.8473 per share, with individual prices ranging from $98.05 to $99.92.
- The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan adopted on November 7, 2024, to cover taxes related to recent stock vestings.
- Following the transaction, Hagstrom still beneficially owns 727 shares.
Sentiment
Score: 5
Explanation: The document describes a routine stock sale by a company officer under a pre-arranged trading plan. It doesn't indicate any significant positive or negative sentiment.
Industry Context
Sales by corporate officers are a normal part of corporate governance. The sale was executed under a pre-arranged 10b5-1 trading plan, which is a common practice to avoid accusations of insider trading.
Key Dates
| Date | Description |
|---|---|
| 2024-11-07 | Date of adoption of Rule 10b5-1 trading plan. |
| 2025-02-25 | Date of stock sale transaction. |
| 2025-02-26 | Date of Form 4 filing. |
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