ALBUSCHUS PETRA 4

What Happened
Petra Albuschus, Executive Vice President, HR & Sustainability at Autoliv (ALV), was granted a total of 1,604.659 restricted stock units (RSUs/PSUs) on February 19, 2026. The filing shows three award items: 565.263 shares, 639.396 shares and 400 shares, all recorded as derivative awards with an acquisition price of $0.00 (no cash paid). These are contingent awards that may convert into common shares if and when they vest under the applicable performance and service conditions.

Key Details

• Transaction date: February 19, 2026; Form 4 filed February 23, 2026 (timely filing).
• Awards: 565.263 RSUs, 639.396 performance-based RSUs (PSUs), and 400 RSUs — total 1,604.659 units. Price: $0.00 (derivative awards).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote highlights:
  • F1: Each RSU represents a contingent right to one share of ALV common stock.
  • F2/F4: The reported PSUs reflect amounts earned for the one-year performance period Jan 1–Dec 31, 2025 for two different award cycles (grants made in Feb 2024 and Feb 2025). EPS and greenhouse gas goals exceeded threshold levels for those periods.
  • F3/F5: These PSUs will vest and convert to shares only after the completion of the third one-year performance period (ending Dec 31, 2026 for the 2024 grant; Dec 31, 2027 for the 2025 grant) and committee certification of performance.

Context
These transactions are awards (code A) — not open-market purchases or sales — so they do not represent immediate buying or selling of shares. The PSUs shown were partially “earned” for a performance year but remain subject to future vesting and formal certification before converting to shares. Awards like these are a common form of long-term compensation and should be interpreted as future contingent compensation rather than current insider buying/selling.