VC.NASDAQVisteon CORP

Form 4: Visteon Corp Executive Ribeiro Reports Stock Transactions

Sentiment:

SEC Form 4 Filing

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Senior Vice President Joao Paulo Ribeiro reports the vesting and conversion of restricted stock units into Visteon common stock on March 15, 2024.

Summary

  • Joao Paulo Ribeiro, a Senior Vice President at Visteon Corporation, reported transactions involving Visteon common stock on March 15, 2024.
  • The transactions involved the vesting and conversion of restricted stock units (RSUs) into common stock.
  • A total of 183, 500, and 330 RSUs vested and were converted into common stock.
  • Following these transactions, Ribeiro directly owns 7,802 shares of Visteon common stock.

Sentiment

Score: 5

Explanation: This is a neutral report on stock transactions related to executive compensation. It doesn't inherently indicate positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, and is a standard practice for publicly traded companies.

Stakeholder Impact

  • The transactions have a minor impact on shareholders as they reflect the standard compensation practices for executives.

Key Dates

DateDescription
03/15/2024Date of earliest transaction: vesting and conversion of restricted stock units.
03/15/2024Restricted Stock Units vested to the extent of 33% of the units granted on the following March 15th of each year after the date of grant.
03/15/2025Expiration date for 500 Restricted Stock Units.
03/15/2026Expiration date for 330 Restricted Stock Units.
03/19/2024Date of signature by Heidi A. Sepanik, Corporate Secretary, on behalf of Joao Paulo Ribeiro.

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