Hagstrom Mikael 4
4 · AUTOLIV INC · Filed Feb 23, 2026
Research Summary
AI-generated summary of this filing
Autoliv (ALV) VP Mikael Hagstrom Receives RSUs; Exercises Derivative
What Happened
- Mikael Hagstrom, Vice President, Corporate Control at Autoliv (ALV), had multiple derivative/RSU transactions reported on Feb 19, 2026. The filing shows several grant/award entries (RSUs/PSUs) totaling 187.913, 189.329, 229.493 and 145 RSUs (aggregate 751.735 RSUs) and exercise/conversion entries of ~806 shares. One exercise/conversion line shows 806 shares acquired and another shows 806.145 shares disposed. All transactions are reported at $0.00 per share (no cash price reported).
- In short: performance- and time-based RSUs/PSUs converted/vested and were reported as acquired, while roughly 806 shares were converted/disposed (consistent with a net settlement or withholding event). The filing does not report a cash purchase price or cash proceeds.
Key Details
- Transaction date: February 19, 2026. Form filed Feb 23, 2026 (timely filed).
- Prices: all entries reported at $0.00 per share; no dollar values shown.
- Share counts reported: grants/awards — 187.913, 189.329, 229.493, 145 (total 751.735 RSUs); exercise/conversion — 806.000 acquired and 806.145 disposed.
- Shares owned after transaction: not specified in the provided filing details.
- Notable footnotes:
- F1/F2: RSUs represent contingent rights to one share; fractional RSUs are rounded down at vesting (fractional portions forfeited).
- F3–F5/F6–F8: The reported PSUs are performance-based awards from 2023–2025 (and 2024–2026, 2025–2027 grants) where the 2025 performance period results are reflected; certain performance goals (Earnings Per Share and Greenhouse Gas Emissions) were achieved above threshold for the relevant periods. Vesting/conversion occurs after the applicable multi-year performance period and committee certification.
- Filing code meanings: A = award/grant; M = exercise/conversion of derivative. The disposed shares are consistent with a net settlement/tax-withholding step but the Form 4 does not explicitly state the withholding method.
Context
- These transactions reflect awards vesting/being converted to shares and a simultaneous exercise/conversion with shares reported as disposed — a common outcome when companies net-settle awards or withhold shares for taxes. This type of award conversion is different from an open-market purchase or sale and does not by itself signal the insider buying or selling for investment reasons.
- For retail investors: purchases are often seen as more informative, but vesting/settlement of compensation-related equity is routine. The filing shows performance-based awards were earned for the 2025 performance period; however, no cash value or open-market sale price is provided in this Form 4.
Insider Transaction Report
Form 4
AUTOLIV INCALV
Hagstrom Mikael
VP, Corporate Control
Transactions
- Exercise/Conversion
Common Stock
2026-02-19+806→ 1,720 total - Award
Performance-Based Restricted Stock Units (2023 Grant)
[F1][F3][F6]2026-02-19+187.913→ 806.145 totalExercise: $0.00→ Common Stock (187.913 underlying) - Exercise/Conversion
Performance-Based Restricted Stock Units (2023 Grant)
[F1][F2]2026-02-19−806.145→ 0 totalExercise: $0.00From: 2026-02-19Exp: 2026-02-19→ Common Stock (806.145 underlying) - Award
Performance-Based Restricted Stock Units (2024 Grant)
[F1][F4][F7]2026-02-19+189.329→ 350.456 totalExercise: $0.00→ Common Stock (189.329 underlying) - Award
Performance-Based Restricted Stock Units (2025 Grant)
[F1][F5][F8]2026-02-19+229.493→ 229.493 totalExercise: $0.00→ Common Stock (229.493 underlying) - Award
Restricted Stock Unit
[F1]2026-02-19+145→ 145 totalExercise: $0.00From: 2029-02-19Exp: 2029-02-19→ Common Stock (145 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 Mikael Hagstrom|2026-02-23