Form 4: Visteon Corp Executive Qais M. Sharif Reports Stock Transactions
SEC Form 4 Filing
Qais M. Sharif, a Senior Vice President at Visteon Corp, reports the vesting and conversion of restricted stock units into common stock, along with associated tax withholding.
Summary
- On March 15, 2025, Qais M. Sharif, a Senior Vice President of Visteon Corporation, had restricted stock units vest and convert into common stock.
- A total of 625, 413, and 711 restricted stock units vested and were converted to common stock.
- Visteon withheld 165 and 109 and 187 shares of common stock at a price of $80.61 to cover income tax obligations related to the vesting of the restricted stock units.
- Following these transactions, Sharif directly owns 12,054 shares of Visteon common stock.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions, with no inherent positive or negative implications for the company's performance.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is a common occurrence in publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect changes in executive ownership.
Key Dates
| Date | Description |
|---|---|
| 03/15/2025 | Date of earliest transaction: vesting and conversion of restricted stock units to common stock. |
| 03/15/2025 | Restricted Stock Units vested. |
| 03/18/2025 | Date of signature for the Form 4 filing. |
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