Jarlegren Magnus 4

What Happened

• Magnus Jarlegren, President of Autoliv Europe, had multiple derivative and award transactions reported for Feb 19, 2026. The Form 4 shows he (1) exercised/converted a derivative to acquire 2,592 shares (code M, $0.00), (2) had four separate awards/grants of RSU/PSU-based units totaling 2,892.983 shares (603.927; 764.126; 925.93; 599) (code A, $0.00), and (3) disposed of 2,592.923 shares following a conversion/exercise (code M, $0.00). In total the filing reports ~5,484.983 shares acquired and 2,592.923 shares disposed on that date (all reported with $0 per share in the filing).

Key Details

• Transaction date: February 19, 2026; Form filed Feb 23, 2026 (reporting date on SEC: accession 0001193125-26-062394).
• Reported prices/values: all transactions reported at $0.00 per share (these reflect awards/conversions/settlements, not open-market cash purchases at a dollar price).
• Shares acquired (per filing): 2,592 (exercise) + 603.927 + 764.126 + 925.93 + 599 = 5,484.983 shares (total reported).
• Shares disposed (per filing): 2,592.923 shares.
• Shares owned after transaction: not specified in the provided summary of the filing.
• Transaction codes: M = exercise/conversion of derivative; A = grant/award of RSU/PSU.
• Notable footnotes:
  • F1/F2: RSUs represent a right to receive one share; fractional RSUs are rounded down at vesting.
  • F3–F5: The reported performance-based RSUs (PSUs) come from 2023–2025 grants and reflect amounts earned for the 2025 one-year performance periods; earnings-per-share and greenhouse gas goals for those periods were met above threshold.
  • F6–F8: PSUs vest and convert to shares in one installment after completion of the multi-year performance period and committee certification.
• Filing timeliness: Form filed Feb 23 for transactions dated Feb 19; the filing itself does not indicate a late-code in the provided details.

Context

• These transactions are largely awards/settlements and a conversion/exercise of derivative awards, not open-market purchases or market sales at a reported cash price. When exercises/conversions are followed by disposals, it can reflect net settlement or immediate disposition of vested shares; the Form 4 here reports both the conversion/acquisition and the subsequent disposition separately. Awards and PSUs are compensation-related and vest based on service and pre-set performance metrics (see footnotes above).