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AUTOLIV INC·4

Feb 23, 7:00 AM ET

Westin Fredrik 4

4 · AUTOLIV INC · Filed Feb 23, 2026

Research Summary

AI-generated summary of this filing

Updated

Autoliv (ALV) CFO Fredrik Westin Exercises/Receives RSU/PSU Awards

What Happened

  • Fredrik Westin, Executive VP Finance and CFO of Autoliv (ALV), reported multiple derivative conversions and award grants on Feb 19, 2026. The filing shows:
    • Exercise/conversion (code M): 3,629 shares acquired at $0.00
    • Exercise/conversion (code M): 3,629.984 shares disposed at $0.00 (reported as a disposition)
    • Awards/grants (code A): 846.15 RSUs acquired at $0.00 (derivative)
    • Awards/grants (code A): 916.679 RSUs acquired at $0.00 (derivative)
    • Awards/grants (code A): 1,042.666 RSUs acquired at $0.00 (derivative)
  • Aggregate reported acquisitions total 6,434.495 derivative units; after the 3,629.984-unit disposition the net reported increase is ~2,804.5 shares. All transactions are reported at $0.00, indicating awards/vestings or conversions rather than open-market purchases.

Key Details

  • Transaction date: February 19, 2026; Form 4 filed February 23, 2026 (timely within reporting window).
  • Price: $0.00 for all reported items (A = award/grant of RSUs/PSUs; M = exercise/conversion of derivative).
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Notable footnotes from the filing:
    • F1: Each RSU converts to one share upon settlement.
    • F2: Fractional RSUs are rounded down at vesting (fraction forfeited).
    • F3–F5: These PSUs/RSUs relate to multi-year performance grants (Feb 2023, Feb 2024, Feb 2025) made up of three one‑year performance periods; the reported amounts reflect units earned for the one‑year performance period Jan 1–Dec 31, 2025.
    • F6–F8: Final vesting/conversion to shares occurs after completion of the third one‑year period for each grant and committee certification.
  • Filing status: No late‑filing indication in the provided data.

Context

  • These transactions are derivative award conversions and grants (not open‑market buys or sales). "A" = award/grant of RSUs/PSUs; "M" = exercise/conversion of a derivative. Reporting at $0.00 is typical for vested/awarded units or conversions; the filing does not disclose cash consideration or the specific reason for the reported disposition of 3,629.984 units.

Insider Transaction Report

Form 4
Period: 2026-02-19
AUTOLIV INCALV
Westin Fredrik
EVP Finance and CFO
Transactions
  • Exercise/Conversion

    Common Stock

    2026-02-19+3,629→ 11,736 total
  • Award

    Performance-Based Restricted Stock Units (2023 Grant)

    [F1][F3][F6]
    2026-02-19+846.15→ 3,629.984 total
    Exercise: $0.00→ Common Stock (846.15 underlying)
  • Exercise/Conversion

    Performance-Based Restricted Stock Units (2023 Grant)

    [F1][F2]
    2026-02-19−3,629.984→ 0 total
    Exercise: $0.00From: 2026-02-19Exp: 2026-02-19→ Common Stock (3,629.984 underlying)
  • Award

    Performance-Based Restricted Stock Units (2024 Grant)

    [F1][F4][F7]
    2026-02-19+916.679→ 1,691.238 total
    Exercise: $0.00→ Common Stock (916.679 underlying)
  • Award

    Performance-Based Restricted Stock Units (2025 Grant)

    [F1][F5][F8]
    2026-02-19+1,042.666→ 1,042.666 total
    Exercise: $0.00→ Common Stock (1,042.666 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 Fredrik Westin|2026-02-23

Documents

1 file
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    ownership.xmlPrimary

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