Aptiv PLC 4

What Happened Aptiv PLC, reported as a 10% owner of Versigent PLC, recorded a disposition (transaction code J: "other acquisition or disposition") of 70,893,660 ordinary shares on April 1, 2026. No cash price or market sale is reported (price listed as N/A) because the shares were distributed as part of a spin-off by Aptiv to its shareholders rather than sold in the market.

Key Details

• Transaction date: April 1, 2026 (Spin-off occurred before market open).
• Transaction type/code: J — Other acquisition or disposition (distribution in a spin-off).
• Shares disposed: 70,893,660 ordinary shares of Versigent PLC. Price/total value: N/A (distribution, not a cash sale).
• Shares owned after transaction: Aptiv no longer holds the distributed ordinary shares (distribution of outstanding shares).
• Notable footnotes:
  • F1: Prior to the spin-off, Aptiv held 1,000 shares of Versigent Limited; Versigent converted to Versigent PLC on April 1, 2026.
  • F2: 70,893,660 represents the outstanding ordinary shares of Versigent PLC as of April 1, 2026 that were distributed.
  • F3: Record date for the distribution was March 17, 2026; distribution occurred April 1, 2026.
• Filing timeliness: Form 4 filed on April 1, 2026 (same day as the reported transaction).

Context This was an institutional distribution tied to a corporate spin-off, not an insider selling shares on the open market. As a 10% owner (Aptiv PLC), the filing documents the transfer of Versigent ordinary shares to Aptiv’s shareholders; it should not be read as an executive trade or a market-driven sale. For retail investors, distributions like this are administrative/corporate actions and do not necessarily signal management’s view of the company’s near-term prospects.