Swahn Christian 4

What Happened

• Christian Swahn, EVP, Supply Chain Management at Autoliv (ALV), had several equity award/derivative transactions on Feb 19, 2026. The Form 4 shows conversions/awards of equity derivatives totaling about 4,560.97 units (combination of converted/vested units and performance/time‑based RSU/PSU awards) and a simultaneous disposition of about 2,398.396 shares. All transactions report $0.00 per share because these were award conversions/stock‑settlement events rather than open‑market trades. The net effect from the reported entries is an increase of roughly 2,162–2,163 shares in beneficial ownership.

Key Details

• Transaction date: 2026-02-19; Form 4 filed: 2026-02-23 (filed within the standard 2 business‑day reporting window).
• Reported items (all reported as derivative/award activity):
  • Exercise/conversion (M): 2,398 shares acquired (stock-settled conversion).
  • Exercise/conversion (M): 2,398.396 shares disposed (sale/disposition).
  • Grants/awards (A, derivative/RSU/PSU): 558.307 + 565.263 + 639.396 + 400 = 2,162.966 RSU/PSU units acquired.
• Net change (based on reported lines): ~+2,162.6 shares (4,560.97 acquired less 2,398.396 disposed).
• Price: $0.00 (reflects award conversion/settlement, not a cash purchase or market sale price).
• Shares owned after transaction: not included in the excerpt provided.
• Footnotes of note:
  • Each RSU equals a contingent right to one ALV share; fractional RSUs are rounded down at vesting (fraction forfeited).
  • The reported PSUs reflect earned performance for one‑year performance periods (2023–2025, 2024–2026, and 2025–2027 grant families) and indicate certain performance goals (Earnings Per Share and Greenhouse Gas Emissions) were achieved above threshold for the relevant periods.
  • Vesting/conversion of performance RSUs is subject to committee certification and the applicable multi‑year performance periods.

Context

• These entries are typical equity award vesting/conversion and stock‑settlement activity rather than open‑market buying or opportunistic selling. The disposal of ~2,398 shares is consistent with stock settlement or share withholding to satisfy tax obligations or fees; Form 4 shows $0.00 prices because no cash exercise/purchase occurred. This filing does not by itself indicate a change in investment view; it documents compensation-related equity activity and the net addition of roughly 2,163 shares to Swahn’s holdings.