Form 4: Visteon Corp Executive Vallance Reports Stock Transactions
SEC Form 4 Filing
Robert R. Vallance, a Senior Vice President at Visteon Corp, reports the conversion and disposal of common stock and performance rights related to a performance share unit award.
Summary
- On February 14, 2025, Robert R. Vallance, a Senior Vice President at Visteon Corp, reported transactions involving Visteon common stock and performance rights.
- Vallance converted 2,552 performance rights into common stock.
- Additionally, 1,198 shares were withheld by Visteon to cover income tax obligations related to the vesting of performance rights at a price of $83.21 per share.
- Following these transactions, Vallance directly owns 25,543 shares of Visteon common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in Vallance's holdings, but the overall effect is likely negligible.
Key Dates
| Date | Description |
|---|---|
| 01/31/2025 | Date related to the performance rights. |
| 02/14/2025 | Date of the reported transactions: conversion of performance rights and tax withholding. |
| 02/18/2025 | Date of signature for the report. |
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