Yih Sng 4

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.