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AUTOLIV INC·4

Feb 23, 7:00 AM ET

Naughton Colin 4

4 · AUTOLIV INC · Filed Feb 23, 2026

Research Summary

AI-generated summary of this filing

Updated

Autoliv (ALV) President Colin Naughton Receives Awards, Converts Derivatives

What Happened

  • Colin Naughton, President, Autoliv Asia, had a series of derivative conversions and award acquisitions reported for Feb 19, 2026. Transactions show conversion/exercise of derivatives and grants of restricted stock units (RSUs) / performance stock units (PSUs) that resulted in the acquisition of approximately 5,485 shares (total value reported at $0.00). On the same day, 2,592.923 shares were recorded as disposed (also at $0.00).
  • Specific items reported: exercise/conversion (M) acquiring 2,592 shares; four separate award/acquisition (A) entries totaling ~2,893 shares (603.927; 764.126; 925.93; 599). A separate exercise/conversion (M) entry shows 2,592.923 shares disposed. All prices and total values in the filing are reported as $0.00 (reflecting conversion/vesting rather than open-market cash trades).

Key Details

  • Transaction date: February 19, 2026; Form 4 filed Feb 23, 2026 (filed within standard SEC reporting window).
  • Reported prices: $0.00 for all entries; reported cash values = $0.
  • Shares acquired (aggregate): ~5,484.98 shares; shares disposed (aggregate): ~2,592.923 shares.
  • Shares owned after transaction: Not disclosed in the provided excerpt.
  • Notable footnotes:
    • F1–F2: Each RSU represents a contingent right to one ALV share; fractional RSUs are rounded down at vesting and fractional amounts forfeited.
    • F3–F5: The PSUs come from multi-year performance awards (grants in Feb 2023, Feb 2024, Feb 2025) comprised of three one-year performance periods. The reported conversions reflect PSUs earned for the 2025 performance year where certain performance goals (Earnings Per Share and Greenhouse Gas Emissions) were achieved above threshold.
    • F6–F8: PSUs vest and convert to shares in one installment after the applicable three-year performance period and committee certification (references to end dates 2025–2027 depending on grant).
  • Filing timeliness: The Form 4 was filed within the standard two-business-day reporting window (Feb 19 transaction, Feb 23 filing).

Context

  • These entries reflect vesting/conversion of company equity awards (RSUs/PSUs) and associated derivative conversions. The $0.00 price typically indicates conversion/vesting rather than an open-market purchase or sale for cash.
  • A same-day disposition of converted shares is often seen in connection with tax withholding or settlement, but the filing excerpt does not specify the reason for the disposition.
  • For retail investors: award vesting and PSU vesting reflect compensation and performance outcomes (here, partial performance goals were met). Purchases are generally more indicative of personal bullishness; awards and conversions are routine executive compensation events.

Insider Transaction Report

Form 4
Period: 2026-02-19
AUTOLIV INCALV
Naughton Colin
President, Autoliv Asia
Transactions
  • Exercise/Conversion

    Common Stock

    2026-02-19+2,592→ 12,640 total
  • Award

    Performance-Based Restricted Stock Units (2023 Grant)

    [F1][F3][F6]
    2026-02-19+603.927→ 2,592.923 total
    Exercise: $0.00→ Common Stock (603.927 underlying)
  • Exercise/Conversion

    Performance-Based Restricted Stock Units (2023 Grant)

    [F1][F2]
    2026-02-19−2,592.923→ 0 total
    Exercise: $0.00From: 2026-02-19Exp: 2026-02-19→ Common Stock (2,592.923 underlying)
  • Award

    Performance-Based Restricted Stock Units (2024 Grant)

    [F1][F4][F7]
    2026-02-19+764.126→ 1,409.784 total
    Exercise: $0.00→ Common Stock (764.126 underlying)
  • Award

    Performance-Based Restricted Stock Units (2025 Grant)

    [F1][F5][F8]
    2026-02-19+925.93→ 925.93 total
    Exercise: $0.00→ Common Stock (925.93 underlying)
  • Award

    Restricted Stock Unit

    [F1]
    2026-02-19+599→ 599 total
    Exercise: $0.00From: 2029-02-19Exp: 2029-02-19→ Common Stock (599 underlying)
Footnotes (8)
  • [F1]Each RSU represents a contingent right to receive one share of ALV common stock.
  • [F2]Fractional RSUs are rounded down to the nearest whole number at vesting, the fractional amount is forfeited.
  • [F3]The performance-based RSUs granted in February 2023 are comprised of three separate one-year performance periods for each of calendar years 2023, 2024 and 2025. All PSUs will vest following 2025, to the extent earned and subject to the reporting person's continued employment. Reflects the PSUs that were earned over the third one-year performance period (January 1, 2025 - December 31, 2025) based on the level of achievement of pre-determined performance goals related to (i) Organic Sales Growth vs. Light Vehicle Production Growth (25%), (ii) Earnings Per Share (60%), and (iii) Greenhouse Gas Emissions (15%). The goals for (ii) and (iii) were achieved above the threshold level.
  • [F4]The performance-based RSUs granted in February 2024 are comprised of three separate one-year performance periods for each of calendar years 2024, 2025, and 2026. All PSUs will vest following 2026, to the extent earned and subject to the reporting person's continued employment. Reflects the PSUs that were earned over the second one-year performance period (January 1, 2025 - December 31, 2025) based on the level of achievement of pre-determined performance goals related to (i) Organic Sales Growth vs. Light Vehicle Production Growth (25%), (ii) Earnings Per Share (60%), and (iii) Greenhouse Gas Emissions (15%). The goals for (ii) and (iii) were achieved above the threshold level.
  • [F5]The performance-based RSUs granted in February 2025 are comprised of three separate one-year performance periods for each of calendar years 2025, 2026 and 2027. All PSUs will vest following 2027, to the extent earned and subject to the reporting person's continued employment. Reflects the PSUs that were earned over the first one-year performance period (January 1, 2025 - December 31, 2025) based on the level of achievement of pre-determined performance goals related to (i) Organic Sales Growth vs. Light Vehicle Production Growth (25%), (ii) Earnings Per Share (60%), and (iii) Greenhouse Gas Emissions (15%). The goals for (ii) and (iii) were achieved above the threshold level.
  • [F6]The performance-based RSUs, as adjusted if necessary, vest and convert to shares in one installment after the completion of the third one-year performance period ending December 31, 2025 and the Leadership Development and Compensation Committee's certification of the level of achievement of the applicable performance objectives.
  • [F7]The performance-based RSUs, as adjusted if necessary, vest and convert to shares in one installment after the completion of the third one-year performance period ending December 31, 2026 and the Leadership Development and Compensation Committee's certification of the level of achievement of the applicable performance objectives.
  • [F8]The performance-based RSUs, as adjusted if necessary, vest and convert to shares in one installment after the completion of the third one-year performance period ending December 31, 2027 and the Leadership Development and Compensation Committee's certification of the level of achievement of the applicable performance objectives.
Signature
Brian Kelly by POA from Colin Naughton|2026-02-23

Documents

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