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AUTOLIV INC·4

Feb 23, 7:00 AM ET

Bratt Mikael 4

4 · AUTOLIV INC · Filed Feb 23, 2026

Research Summary

AI-generated summary of this filing

Updated

Autoliv (ALV) CEO Mikael Bratt Converts Derivatives, Receives RSU/PSU Awards

What Happened

  • Mikael Bratt, President & CEO (and Director) of Autoliv Inc. (ALV), had multiple derivative and award transactions reported for Feb 19, 2026. The Form 4 shows conversion/exercise of ~14,957 derivative units into shares (reported as acquired) and a nearly identical amount (~14,958) reported as disposed the same day. In addition, Bratt was granted/received a total of about 11,579.75 performance- or time-based RSUs/PSUs (reported as acquired). All reported transactions show $0 purchase price on the form (typical for RSU/PSU conversions and many award settlements).
  • The filing does not report dollar values for these entries. The exercise/conversion and immediate disposal of nearly the same number of shares means there was no meaningful net long-term increase in held common shares recorded in these entries.

Key Details

  • Transaction date: 2026-02-19; Form filed 2026-02-23 (timely filing).
  • Reported movements on Form 4:
    • Exercise/conversion (M): 14,957 shares acquired @ $0.00.
    • Disposal (M): 14,957.958 shares disposed @ $0.00 (same day).
    • Awards/grants (A): 3,486.703 RSUs; 3,805.649 RSUs; 4,287.4 RSUs (total ≈ 11,579.75 RSUs/PSUs) @ $0.00.
  • Shares owned after transaction: not specified in the summary data provided in your request.
  • Notable footnotes:
    • F1–F2: RSUs represent contingent rights to one share; fractional RSUs are rounded down at vesting.
    • F3–F5/F6–F8: The awards include performance-based RSUs/PSUs granted in 2023–2025 that are earned based on one-year performance periods (here reflecting earned outcomes for the 2025 performance year). Vesting/conversion to shares occurs after the multi-year performance program completes and the committee certifies results.
  • Filing timeliness: Form 4 was filed within required timeframe (not marked late).

Context

  • These entries are largely award conversions and newly awarded RSUs/PSUs rather than open-market purchases or voluntary sales. The near-equal same-day disposition of exercised/conversion shares is shown on the Form 4 but the filing does not state the purpose (e.g., tax withholding or broker settlement). Performance-based RSUs/PSUs typically vest and convert to shares only after completion of the full performance periods and committee certification, per the footnotes.

Insider Transaction Report

Form 4
Period: 2026-02-19
AUTOLIV INCALV
Bratt Mikael
DirectorPresident and CEO
Transactions
  • Exercise/Conversion

    Common Stock

    2026-02-19+14,957→ 38,264 total
  • Award

    Performance-Based Restricted Stock Units (2023 Grant)

    [F1][F3][F6]
    2026-02-19+3,486.703→ 14,957.958 total
    Exercise: $0.00→ Common Stock (3,486.703 underlying)
  • Exercise/Conversion

    Performance-Based Restricted Stock Units (2023 Grant)

    [F1][F2]
    2026-02-19−14,957.958→ 0 total
    Exercise: $0.00From: 2026-02-19Exp: 2026-02-19→ Common Stock (14,957.958 underlying)
  • Award

    Performance-Based Restricted Stock Units (2024 Grant)

    [F1][F4][F7]
    2026-02-19+3,805.649→ 7,021.275 total
    Exercise: $0.00→ Common Stock (3,805.649 underlying)
  • Award

    Performance-Based Restricted Stock Units (2025 Grant)

    [F1][F5][F8]
    2026-02-19+4,287.4→ 4,287.4 total
    Exercise: $0.00→ Common Stock (4,287.4 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 Mikael Bratt|2026-02-23

Documents

1 file
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    ownership.xmlPrimary

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