AUTOLIV INC·4

Feb 23, 7:00 AM ET

JADEMYR PER JONAS 4

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Autoliv (ALV) EVP Per Jonas Receives RSU/PSU Awards, Converts Shares

What Happened
Jademyr Per Jonas, EVP Quality and Project Management at Autoliv (ALV), had a mix of equity activity on Feb 19, 2026. The filing shows conversions/vests and awards: he acquired a total of 4,161.018 shares (combining a conversion of 2,073 shares and four award entries of 483.359, 565.263, 639.396 and 400 shares). The filing also shows a disposition of 2,073.611 derivative shares (reported at $0). All transactions are reported at $0 per share in the filing, which reflects conversion/award treatment rather than an open‑market cash purchase or sale. Net across these entries is an increase of about 2,087.407 shares (4,161.018 acquired − 2,073.611 disposed).

Key Details

  • Transaction date: Feb 19, 2026 (Form 4 filed Feb 23, 2026 — appears timely).
  • Prices/values: All transactions reported at $0.00 per share (conversion/award entries, not market purchases/sales).
  • Shares reported in filing: Acquired 4,161.018 shares total; disposed 2,073.611 shares; net ≈ +2,087.407 shares.
  • Shares owned after transaction: Not specified in the provided excerpt of the filing.
  • Notable footnotes from the filing:
    • F1: RSUs represent contingent rights to one share each.
    • F2: Fractional RSUs are rounded down to the nearest whole share at vesting (fractions forfeited).
    • F3–F5: The awards include performance-based RSUs (PSUs) from February 2023, 2024 and 2025 grants that were earned for the 2025 one-year performance periods; achievement on EPS and GHG goals exceeded threshold levels.
    • F6–F8: PSUs vest/convert in one installment after the applicable multi-year performance period and committee certification.
  • Purpose of the $0 dispositions: The filing reports the disposal at $0 (derivative). This commonly reflects share withholding to satisfy tax obligations on vesting awards, though the filing excerpt does not explicitly state the purpose.

Context

  • These are not open‑market purchases or conventional sales — they reflect the conversion/vesting of restricted stock/ performance stock units and the receipt of RSU/PSU awards. Conversions/awards are recorded at $0 in the Form 4 because no cash changed hands to buy the shares.
  • The disposal of ~2,073.611 shares reported at $0 is consistent with routine withholding/surrender of shares on vesting to cover taxes; such transactions are common with RSU/PSU vesting and do not necessarily indicate a discretionary sale decision.
  • No indication in the provided data that Mr. Jonas is a >10% owner or that trades were under a 10b5‑1 plan.