Hagstrom Mikael 4
Research Summary
AI-generated summary
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.