Yih Sng 4
4 · AUTOLIV INC · Filed Feb 23, 2026
Research Summary
AI-generated summary of this filing
Autoliv (ALV) Yih Sng Exercises Derivatives, Receives RSUs/PSUs
What Happened
- Yih Sng, President, Autoliv China, reported multiple transactions on 2026-02-19: exercises/conversions of derivatives and the grant/settlement of restricted stock units (RSUs) and performance stock units (PSUs). The filing shows gross acquisitions of 6,284.965 shares (mix of an exercise and several awards) and a reported disposition of 3,241.82 shares, yielding a net acquisition of approximately 3,043.145 shares. All transactions are reported at $0.00 per share.
Key Details
- Transaction date: 2026-02-19; price(s) reported: $0.00.
- Reported entries: Exercise/Conversion (code M) and Award/Grant (code A); one disposal of 3,241.82 shares also reported.
- Net effect: ~3,043 shares acquired (6,284.965 acquired less 3,241.82 disposed).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Relevant footnotes:
- F1: Each RSU converts to one share of ALV common stock.
- F2: Fractional RSUs are rounded down at vesting; fractional amounts are forfeited.
- F3–F5: The PSUs are performance-based and reflect earned awards for the 2025 one‑year performance period from grants made in Feb 2023–2025.
- F6–F8: PSUs vest and convert to shares only after completion of the applicable three one‑year performance periods and committee certification, subject to continued employment.
- Timeliness: No late filing indicator was provided in the excerpt.
Context
- These transactions appear to be awards/settlements of RSUs/PSUs and derivative conversions rather than open-market purchases or typical sales. The $0.00 reporting is consistent with stock-unit vesting/conversion activity; the filing does not state the reason for the offsetting disposition of 3,241.82 shares. For retail investors, awards and vesting events indicate compensation-related share issuances rather than independent insider purchases that might signal new bullish conviction.
Insider Transaction Report
Form 4
AUTOLIV INCALV
Yih Sng
President, Autoliv China
Transactions
- Exercise/Conversion
Common Stock
2026-02-19+3,241→ 12,500 total - Award
Performance-Based Restricted Stock Units (2023 Grant)
[F1][F3][F6]2026-02-19+754.909→ 3,241.82 totalExercise: $0.00→ Common Stock (754.909 underlying) - Exercise/Conversion
Performance-Based Restricted Stock Units (2023 Grant)
[F1][F2]2026-02-19−3,241.82→ 0 totalExercise: $0.00From: 2026-02-19Exp: 2026-02-19→ Common Stock (3,241.82 underlying) - Award
Performance-Based Restricted Stock Units (2024 Grant)
[F1][F4][F7]2026-02-19+764.126→ 1,409.784 totalExercise: $0.00→ Common Stock (764.126 underlying) - Award
Performance-Based Restricted Stock Units (2025 Grant)
[F1][F5][F8]2026-02-19+925.93→ 925.93 totalExercise: $0.00→ Common Stock (925.93 underlying) - Award
Restricted Stock Unit
[F1]2026-02-19+599→ 599 totalExercise: $0.00From: 2029-02-19Exp: 2029-02-19→ Common Stock (599 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 Sng Yih|2026-02-23