Kortuem Franz-Josef 4
Research Summary
AI-generated summary
Autoliv (ALV) Director Franz‑Josef Kortuem Sells 8,300 Shares
What Happened Franz‑Josef Kortuem, a director of Autoliv Inc. (ALV), sold 8,300 shares in an open‑market transaction on February 26, 2026. The weighted‑average price was $120.40 per share for total proceeds of $999,349. The filing reports the sale (transaction code "S") and indicates the shares were sold in multiple trades.
Key Details
- Transaction date: 2026-02-26; Filing date: 2026-02-27 (filed timely).
- Shares sold: 8,300; Weighted‑average price: $120.40; Proceeds: $999,349.
- Price range reported: $120.35 to $120.57 (footnote states multiple trades at different prices).
- Shares owned after the transaction: Not specified in the information provided in this summary/filing.
- Footnote: The reported price is a weighted average; the reporting person will provide a breakdown of shares sold at each price upon request to the issuer, shareholders, or SEC staff.
Context This was a sale by a company director. Sales by insiders can reflect personal liquidity needs or portfolio management and do not, by themselves, indicate a change in company fundamentals. For retail investors, purchases are often viewed as a stronger signal of insider confidence than routine sales.