VISTEON CORP·4

Jun 9, 4:40 PM ET

TREADWELL DAVID L 4

Research Summary

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Updated

Visteon (VC) Director David L. Treadwell Receives 1,829 Shares

What Happened

  • David L. Treadwell, a director of Visteon Corporation, reported the automatic vesting and conversion of 1,829 restricted stock units (RSUs) into common stock on June 5, 2026. The filing shows an acquisition of 1,829 shares (derivative exercise/conversion) and a corresponding reported disposition of 1,829 shares (both reported as code M in the filing). No per-share price or total dollar value is provided in the report.
  • Footnote: The RSUs were paid in common stock without any election by the insider; 15 of the shares represent dividend equivalents paid in additional shares under the Visteon 2020 Incentive Plan.

Key Details

  • Transaction date: 2026-06-05 (conversion/vesting of RSUs)
  • Reported amounts: 1,829 shares acquired via conversion; 1,829 shares also reported as disposed (both reported as derivative transactions, code M)
  • Price/value: Not specified in this filing (N/A)
  • Shares owned after transaction: Not specified in the provided filing extract
  • Notable footnote: 15 shares are dividend equivalents; RSUs vested and were converted/paid automatically
  • Timeliness: Form filed 2026-06-09 for a 2026-06-05 event — filing appears timely (within Form 4 reporting window)

Context

  • This was not an open-market buy or sale by the director but a conversion/payment of RSU awards into common shares. The filing reports both the conversion (acquisition) and a matching disposition of the same number of shares; the filing’s footnote explains the automatic vesting and conversion but does not state any sale proceeds or per-share price.