Form 4: Visteon CFO Jerome Rouquet Reports Stock Transactions Following RSU Vesting
SEC Form 4
Senior Vice President and CFO of Visteon Corporation, Jerome Rouquet, reports the vesting of restricted stock units and subsequent stock transactions.
Summary
- On March 15, 2025, Jerome Rouquet, Senior Vice President & CFO of Visteon Corporation, reported transactions related to the vesting of Restricted Stock Units (RSUs).
- The vesting of RSUs resulted in the acquisition of 1,572, 1,195, and 1,801 shares of Visteon common stock.
- Simultaneously, shares were disposed of to cover income tax withholding obligations, with 686 and 522 and 786 shares sold at a price of $80.61.
- Following these transactions, Rouquet directly owns 23,367 shares of Visteon common stock.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine filing related to executive compensation and doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the CFO's stock transactions related to RSU vesting, which is a common form of executive compensation.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they involve the issuance of new shares upon RSU vesting, offset by shares withheld for tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/15/2025 | Date of RSU vesting and stock transactions |
| 03/14/2025 | Date used to determine fair market value of Visteon common stock for tax withholding |
| 03/18/2025 | Date of Form 4 filing |
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