VISTEON CORP·4

Jun 15, 8:06 AM ET

MANZO ROBERT 4

Research Summary

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Visteon (VC) Director Robert Manzo Receives Restricted Stock Award

What Happened
Robert Manzo, a director of Visteon Corporation (VC), was granted 1,333 restricted stock units (RSUs) on 2026-06-11. The filing reports a per-share valuation of $120.05, for a total award value of $160,027. This was an award/grant (derivative), not an open-market purchase or sale — a routine equity compensation event rather than a market transaction.

Key Details

  • Transaction date: 2026-06-11 (reported on Form 4 filed 2026-06-15). Filing was within the standard 2-business-day window.
  • Transaction type/code: Award/Grant (A), derivative security (RSUs).
  • Amount: 1,333 RSUs; reported valuation $120.05 per share; total reported value $160,027.
  • Shares owned after transaction: Not disclosed in this filing.
  • Footnote: The RSUs were credited without payment under the company's 2020 Incentive Plan and generally will convert and be distributed as shares of common stock, without payment, on the one‑year anniversary of the grant based on then-current market value. (Footnote F1)

Context
RSUs are a form of compensation that convert into shares (here, typically after one year) and do not represent an immediate purchase or sale of stock. Such grants are common for directors and management and reflect compensation practices rather than direct market betting by the insider.