Naughton Colin 4

What Happened

• Colin Naughton, President of Autoliv Asia, had restricted stock units (RSUs) convert to common stock on Feb 15, 2026. The filing shows a derivative (code M) disposed of 603.927 RSU units and 603 shares acquired. The reported price per share is $0.00 and total value $0, indicating a vesting/conversion event rather than an open-market purchase or cash sale.

Key Details

• Transaction date: 2026-02-15 (reported on Form 4 filed 2026-02-17; accession 0001193125-26-052947)
• Transaction code: M (exercise or conversion of a derivative security)
• Shares acquired: 603 common shares at $0.00; derivative interest disposed: 603.927 RSUs at $0.00
• Post-transaction holdings: not provided in the supplied data
• Footnotes: F1 — each RSU = contingent right to one ALV share; F2 — fractional RSUs are rounded down at vesting and the fractional amount is forfeited (explains the 0.927 fractional RSU)
• Timeliness: filing was made within the normal Form 4 window (filed two days after the transaction date)

Context

• This was a non-cash conversion of RSUs into common stock on vesting, not an open-market buy or sale. The $0.00 price reflects award conversion; it should be treated as routine compensation vesting rather than an insider market trade.