Ramundo Katherine H 4
Research Summary
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Aptiv (APTV) EVP Katherine Ramundo Receives Award, Shares Withheld
What Happened Katherine H. Ramundo, EVP, Chief Legal Officer, Chief Compliance Officer and Secretary of Aptiv PLC (APTV), received an award of 5,509 ordinary shares (restricted stock units) on 2026-02-28 (grant price $0). On the same date, 13,160 shares were withheld to satisfy tax withholding obligations at $73.54 per share, resulting in proceeds/withholding of approximately $967,786. The award reflects performance-based shares rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-02-28; Form 4 filed 2026-03-03 (no late-filing flag indicated in the filing).
- Award: 5,509 shares acquired (code A) at $0.00.
- Tax withholding: 13,160 shares disposed/withheld (code F) at $73.54 — total ≈ $967,786.
- Shares owned after the transaction: not specified in the Form 4 provided.
- Footnotes: F1 — additional ordinary shares awarded for performance above target for the 2023–2025 performance period; F2 — shares withheld to pay tax liabilities upon RSU vesting.
- Transaction codes: A = award/grant; F = tax withholding on vested shares.
Context This was a performance-based equity grant that vested and triggered mandatory tax withholding; the withheld shares are not an open-market sale indicative of a directional bet. Such withholding is a common administrative step when restricted stock units vest and does not by itself signal insider sentiment about the company.