TREADWELL DAVID L 4
Research Summary
AI-generated summary
Visteon (VC) Director David Treadwell Receives 1,333-Share RSU Award
What Happened
- David L. Treadwell, a director of Visteon Corporation, was granted 1,333 restricted stock units (RSUs) on 2026-06-11. The award is reported at an implied value of $120.05 per share, totaling $160,027. This is an award (grant) of derivative securities, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-11; Filing date (Form 4): 2026-06-15 (timely filed).
- Transaction type/code: A (Award/Grant) — derivative RSUs.
- Grant amount: 1,333 RSUs at $120.05 per share; reported value $160,027.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote: The RSUs were credited without payment under Visteon’s 2020 Incentive Plan and will convert and be distributed as shares of common stock (without payment) on the one-year anniversary of the grant, based on the then-current market value.
Context
- This is a compensation award (RSUs) to a director, common as part of executive/director pay; it does not reflect an open-market purchase or sale. The RSUs are a derivative grant that will settle in shares after one year rather than an immediate transfer of common stock.