Bratt Mikael 4

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.