Nellis Anthony J 4

What Happened

• Anthony J. Nellis, EVP Legal and General Counsel of Autoliv (ALV), had restricted stock units (RSUs) convert to common stock on Feb 15, 2026. 664 whole shares were issued (conversion reported at $0.00). To cover tax withholding, 222 of those shares were surrendered/disposed at $124.98 per share, yielding about $27,746. The RSU award included a fractional 0.755 RSU which was forfeited/rounded down at vesting.

Key Details

• Transaction date: 2026-02-15.
• Conversion/exercise code: M (conversion of derivative — RSUs → common stock); Tax withholding code: F (shares withheld to satisfy tax liability).
• Shares issued on conversion: 664 shares (reported @ $0.00 acquisition price).
• Shares withheld/disposed for taxes: 222 shares at $124.98 per share; total ≈ $27,746.
• Net shares received by insider: 664 issued − 222 withheld = 442 net new shares.
• Shares owned after transaction: Not specified in this filing.
• Footnotes: F1 — each RSU represents a right to one share; F2 — fractional RSUs are rounded down at vesting (fraction forfeited).
• Filing timeliness: Report covers a 2026-02-15 transaction and was filed 2026-02-17 (timely within Form 4 reporting rules).

Context

• This was an RSU vesting event, not an open-market buy or discretionary sale. The withholding of 222 shares to cover taxes is a routine administrative step and does not necessarily indicate a change in sentiment. Code M indicates conversion/exercise of a derivative (here, RSUs), and code F denotes shares withheld for tax obligations.